Swatch Group
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The Swatch Group

Company nameThe Swatch Group Ltd.
Company typePublicly-traded limited company (SWX - UHR,  )
IndustryLuxury goods, accessories
Founded1983
Founder(s)Nicolas Hayek
HeadquartersBiel, Switzerland
Key peopleNayla Hayek (Chairman), Nick Hayek, Jr. (CEO)
ProductsWatches, jewellery, electronic systems for timekeeping
RevenueCHF 5.142 billion (2009)
Operating incomeCHF 903 million (2009)
Net incomeCHF 763 million (2009)
Employees23,560 (2009)

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The Swatch Group Ltd. (SWX - UHR, ) is a Swiss company and the biggest watch manufacturer in the world. It was formed in 1983 through the merging of the two Swiss watch manufacturers ASUAG and SSIH, and took its present name in 1998 (formerly SMH Swiss Corporation for Microelectronics and Watchmaking Industries Ltd). The company is led by G. Nicolas (Nick) Hayek, Jr., son of the late co-founder and chairman Nicolas Hayek.

In 2007, gross sales were 5.94 billion CHF. The Swatch Group has around 23,600 employees.

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Swatch Board Unanimously Names Nayla Hayek Chairwoman - Wall Street Journal Tweet this news
Wall Street Journal--ZURICH (Dow Jones)---Swatch Group- AG (UHR.VX) said Wednesday its board unanimously appointed Nayla Hayek chairwoman of the Swiss luxury goods maker, ... - Date : Wed, 30 Jun 2010 13:11:44 GMT+00:00
: Emerson offers to buy Chloride for $1.5 bn - Financial Express Tweet this news
Financial Express--Hayek, a founder and the chairman of the -Swatch Group-, succumbed to heart failure while working at the company's headquarters. European confidence in the ... - Date : Tue, 29 Jun 2010 19:30:00 GMT+00:00
PRESS DIGEST - Wall Street Journal - July 1 - Reuters Tweet this news
Reuters--Two days after the death of -Swatch Group- AG (UHR.VX) founder and Chairman Nicolas G. Hayek the Swiss watch and luxury-goods maker said Wednesday his ... - Date : Thu, 01 Jul 2010 05:09:11 GMT+00:00
CORRECT: UPDATE: Swatch Group Founder And Chairman Nicolas Hayek Dies - Wall ... - NSBNEWS.net Tweet this news
NSBNEWS.net--NSBNEWS.net provides around the clock news, features, and commentary for the Southeast Volusia communities of New Smyrna Beach, Edgewater, Oak Hill, ... - Date : Mon, 28 Jun 2010 20:43:30 GMT+00:00
Richemont Profit Misses Estimates on Lower Production - BusinessWeek Tweet this news
BusinessWeek--Richemont's 7 percent sales growth in the six-month period trailed rival -Swatch Group- AG, whose chief executive officer said yesterday that revenue rose ... - Date : Thu, 27 May 2010 16:00:34 GMT+00:00
Swiss Stocks Gain, Led by Nestle, Swatch; Credit Suisse Drops - BusinessWeek Tweet this news
BusinessWeek---Swatch Group- AG and Compagnie Financiere Richemont SA both advanced more than 1.2 percent. Credit Suisse Group AG, Switzerland's second-biggest bank, ... - Date : Tue, 11 May 2010 16:14:11 GMT+00:00
Swiss Stocks Advance; Swatch, ABB, Swiss Life Lead the Gains - BusinessWeek Tweet this news
BusinessWeek--May 12 (Bloomberg) -- Swiss stocks advanced for a third day as -Swatch Group- AG said profit and sales reached record levels in the ... - Date : Wed, 12 May 2010 11:47:07 GMT+00:00

Swiss Swiss Market Index companies of Switzerland

ABB * Actelion * Adecco * Credit Suisse * Holcim * Julius Bär * Lonza Group * Nestlé * Novartis * Richemont * Roche * SGS * Swatch Group * Swiss Re * Swisscom * Syngenta * Synthes * Transocean * UBS * Zurich Financial |



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