Member access

4-Traders Homepage  >  Shares  >  Swiss Exchange  >  The Swatch Group Ltd.    UHR   CH0012255151

SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Swiss Watch Exports Rise 21.5% In February

03/22/2012 | 02:15am US/Eastern
Recommend:
0

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.

Recommend :
0
React to this article
Latest news on THE SWATCH GROUP LTD.
9h ago COMPAGNIE FINANCIERE RICHEMONT : Strong franc, Olympics expenses hit Swatch's fi..
6d ago SWATCH : Kriti Sanon bags two endorsements
06/17 SWATCH : Speaks about: Intellectual Property Rights and Tissot
06/17 SWATCH : Time for FIFA
05/29 SWATCH : Record sale a real gem for Christie's
05/16 SWATCH : With jewellery launch, calvin klein bets big on india
05/16 THE SWATCH GROUP LTD. : ex-dividend day for annual dividend
05/14 SWATCH : Ordinary General Meeting of Shareholders 2014
05/04 SWATCH : unhappy with Apple’s iWatch
04/15DJRolex Names Dufour CEO
Advertisement
Chart
Duration : Period :
The Swatch Group Ltd. Technical Analysis Chart | UHR | CH0012255151 | 4-Traders
Income Statement Evolution
The Swatch Group Ltd. : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF