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Friday, 21 September 2007
If the Swiss watch industry witnessed a surge in its exports from the beginning of January to the end of June (+15.5% to 7.2 billion francs), the Swatch Group did even better with an increase in turnover of 16.7% to 2.74 billion! Despite problems of production capacity which it has faced for some time, the Swatch Group posted a record first half-year in 2007 with two-digit increases in turnover (+16.7% to 2.74 billion francs), operating profit (+27.1% to 511 million) and net profit (+39.4% to 460 million).
 
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