Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Swiss Exchange  >  The Swatch Group SA    UHR   CH0012255151

Delayed Quote. Delayed  - 04/29 05:30:09 pm
327.6 CHF   -0.70%
04/29 Briefly
04/28 SWATCH : MotoGP world champ, Lorenzo, new Tissot ambassador – ..
04/06 Luxury market growth to reach low point in 2016 - Bain
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Swiss Watch Exports Rise 21.5% In February

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/22/2012 | 08:15am CEST

Swiss watch exports rose 21.5% on year in February, driven by continued strong demand in Asia and recovering sales in the U.S., data released Thursday by Switzerland's customs office showed.

The value of watch exports reached CHF1.64 billion ($1.80 billion) in February, 21.5% higher in real terms than in the same month a year earlier. In nominal terms, the increase was 19.7%.

Swatch Group AG (UHR.VX), Compagnie Financiere Richemont SA (CFR.VX) and privately held Rolex are the main producers in the Swiss watch market.

Shares in Swatch closed Wednesday at CHF426.10, up 21% since the start of 2012. Those in Richemont closed at CHF57.85, up 22% so far this year.

-By John Revill, Dow Jones Newswires; +41 43 443 8046; john.revill@dowjones.com

--Marta Falconi contributed to this report.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on THE SWATCH GROUP SA
04/29 Briefly
04/28 SWATCH : MotoGP world champ, Lorenzo, new Tissot ambassador – 'His courage..
04/06 Luxury market growth to reach low point in 2016 - Bain
04/06 SWATCH : Long-time head of Swatch's Omega retires, deputy steps up
04/06 SWATCH : change in the Executive Group Management Board
04/06 SWATCH : change in the Extended Group Management Board and the position of Presi..
04/06 SWATCH : Assemblea generale ordinaria degli Azionisti The Swatch Group SA
04/06 SWATCH : Ordinary General Meeting of Shareholders The Swatch Group Ltd
04/02 SWATCH : Hayek says watch industry is not in crisis -paper
03/17 Swiss watchmakers face another challenging year
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials