Dividend proposal
In its today’s meeting, the Board of Directors of the Swatch Group decided to propose a dividend of CHF 6.00 per bearer share and CHF 1.20 per registered share at the Annual General Meeting on May 10, 2023 (previous year: CHF 5.50 per bearer share and CHF 1.10 per registered share).
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Annual Report and Sustainability Report
The 2023 Annual Report of The Swatch Group Ltd is now available on our website.Download here: Swatch Group 2023 Annual Report Concurrently, Swatch Group is also publishing its 2023 Sustainability Report according to GRI standards.Download here: Swatch Group 2023 Sustainability Report
Elections to the Board of Directors at the next Ordinary General Meeting
Swatch Group proposes to the next Ordinary General Meeting of Shareholders on 8 May 2024 the re-election of all the members of its Board of Directors and the election of Marc A. Hayek as a new member of the Board. Marc A. Hayek has been a member of the Management Board since 2005 and is CEO of Blancpain. Marc A. Hayek is also President of the…
Swatch Group: Key Figures 2023
Net sales up by 12.6% at constant exchange rates, or 5.2% at current rates to CHF 7 888 million. Sales growth of over 8% in the fourth quarter in local currencies. Despite huge exchange rate impacts, the Watches & Jewelry segment (including Production) achieved the same strong operating margin of 17.2%. Operating profit of CHF 1 191…