Swatch Group net sales increased 5.4% in 2017
Group net sales increased 5.8% to CHF 7’989 million at constant exchange rates, and +5.4% to CHF 7’960 million at current exchange rates. In the Watches & Jewelry segment (excluding Production), the Group recorded sales growth of 6.9% at current exchange rates, meaning a strong acceleration of 12.2% in the second half of the year and in the 4th quarter even 14.9%. December recorded the second best monthly sales in the history of Swatch Group. Overall operating result improved by 24.5% to CHF 1’002 million, and was even up by almost 40% in the second half of the year. Operating margin grew from 10.7% in the previous year to 12.6%.