Watch group Swatch saw its sales decline by more than 12% and its profits by 75% in 2024.
JPMorgan lowered the firm’s price target on Swatch Group (SWGAY) to CHF 125 from CHF 135 and keeps an Underweight rating on the shares.Invest ...
RBC Capital raised the firm’s price target on Swatch Group (SWGAY) to CHF 150 from CHF 140 and keeps an Underperform rating on the ...
ZURICH ― Shares in Swiss watchmaker Swatch slumped on Thursday after it reported lower-than-expected earnings on the back of weak sales in China.
Swatch’s profit dipped more than 75 per cent while its sales decreased more than 12 per cent in FY24. The company’s net sales fell to CHF6.7 billion ($7.3 billion) for the year. Its operating profit ...
The Swiss watchmaker Swatch Group experienced a severe downturn in fiscal year 2024, with net profit plummeting by approximately 75% to 219 million Swiss francs. This dramatic decline prompted the ...
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It often goes unheralded just how massive Tissot’s influence is on the Swiss watch market. While other brands in the Swatch ...
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A snowfall warning was in effect Thursday for a swatch of western Alberta between Edmonton and the Rockies, in an area where at least two big collisions were reported.
Several Swiss cantons are warning against the dangerous "Paracetamol Challenge" rampant on social media such as TikTok.
A look at market highs and lows of the first month of 2025 and the impact of the US pulling out of the Paris Agreement.