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Swatch Group AG (0QJV)

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192.25 -4.68    -2.38%
09:14:39 - Real-time Data. Currency in CHF ( Disclaimer )
Type:  Equity
Market:  United Kingdom
ISIN:  CH0012255151 
SEDOL:  B11JJX8
  • Volume: 71,636
  • Bid/Ask: 188.35 / 198.00
  • Day's Range: 191.10 - 194.35
Swatch Group 192.25 -4.68 -2.38%

The Swatch Group AG Company Profile

 
Get an in-depth profile of Swatch Group AG, including a general overview of the company's business and key management, as well as employee data and location and contact information.
IndustryTextiles & Apparel
SectorConsumer Cyclicals
Employees

32899

Equity Type

DRC

The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide. The company operates through Watches & Jewelry and Electronic Systems segments. The Watches & Jewelry segment designs, produces, and commercializes watches and jewelry. The Electronic Systems segment engages in the design, production, and commercialization of electronic components, as well as sports timing activities. It is also involved in the provision of assembly, research and development, administration, polishing, logistics and distribution, and customer services; and hard material products, microelectronics, watch cases and crowns, miniature low-frequency quartz crystals, thin wires, miniature batteries, watch dials, watch hands, bracelets, sports timing technology and equipment, precision parts, and assembly electronic components. In addition, the company engages in retail, communication, real estate, real estate management, finance, reinsurance, and art center businesses. It offers its watch and jewelry products primarily under the Breguet, Harry Winston, Blancpain, Glashütte Original, Jaquet Droz, Léon Hatot, Omega, Longines, Rado, Union Glashütte, Tissot, Balmain, Certina, Mido, Hamilton, Swatch, and Flik Flak brands. The Swatch Group AG was founded in 1983 and is headquartered in Biel/Bienne, Switzerland.

Contact Information

Address Seevorstadt 6 P.O. Box 1232
Biel/Bienne, 2501
Switzerland
Phone 41 32 343 68 11
Fax 41 32 343 69 11

Top Executives

Name Age Since Title
Nayla Hayek - 1995 Chairwoman of the Board
Ernst Tanner 77 1995 Vice Chairman
Jean-Pierre Roth 77 2010 Director
Georges Nicolas Hayek - 1995 President of Executive Group Management Board, CEO & Director
Claude Nicollier - 2005 Director
Francois Thiebaud - 2006 Chairman of Tissot Board & Member of Executive Group Management Board
Daniela Aeschlimann - 2016 Director
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Mike Nordic
MikeNordic Jul 03, 2022 7:22PM ET
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This company has 10 billion in hand and no debt at all. Look at the margins, 80% gross margins. The net profit is at 11%, but I guess they write down a lot of costs to avoid giving it as taxes. This is very undervalued. I think the fears of a potential economic downturn have kept it down like all the other luxury brands
Financial Advisors
Financial Advisors Dec 04, 2021 9:59PM ET
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Yamana Gold Inc US AUY NYSE safe investment and double price soon as China will buy all their Gold stocks in physical spot basis.!
pippo pluto
pippo pluto Nov 03, 2017 3:52AM ET
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The share lost roughly 30% since January 2014...a new competitor like APPLE appeared in the market...there is no clear strategy form the company, no vision, no management...sell and run!
Mad Con
Mad Con Nov 03, 2017 3:52AM ET
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you clearly dont know the company and its competitive advantage...
luca zanotta
luca zanotta Nov 03, 2017 3:52AM ET
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So what is their comp advantage? Value chain verticalization and dominant position in Swiss Made mechanical watches?
luca zanotta
luca zanotta Nov 03, 2017 3:52AM ET
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I guess only Longines, Omega, Breguet, Blancpain are still doing profits... Tissot is structurally impaired, same for Rado, Swatch, Hamilton, Certina, Jacquet D, ... so 2/3 of portfolio. But they need to produce for third parties, which means fix costs on their P&L. Inventories? More than 7bn tighted up at factory (!) prices. That is almost bigger than 12 mths revenues. Impairements ahead? If so huge impact on brand image, as markets will be flooded by Swiss Watches at discount prices. So back to Pippo: if u did some profit here... take your money and get the ******out of it
 
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