Business News – Swatch Group Half-Year Report 2017 Shows Signs of Recovery (Positive Growth of Sales and Net Income)
After two years of consecutive decline and an overall negative mood over the watchmaking industry, it seems that 2017 could be the turnaround year – at least for Swatch Group, as we have seen that Richemont Group 2016-2017 results were showing a decline. In its Half-Year Report 2017, Swatch Group depicts several positive news, including slight increasing sales and mainly, a better profitability, with high increase of operating margin and net income. Overview.