Net income of the Swatch Group 2007-2018
The Swatch Group is an international conglomorate of watches, watch components and jewelry. The Swiss manufacturer owns a long list of luxury watchmaker companies besides its own well-known Swatch brand. As seen in the present statistic, the group’s net income suffered losses in the past decade with occasional recoveries. The most dramatic drop in figures took place between 2015 and 2016, when Swatch Group’s net income decreased almost by half to 593 million Swiss francs. The group’s worldwide revenue showed similar fluctuations during this period of time.
The Swatch Group: market leader
The Swiss watchmakers have a strong dominance in global watch industry generating an export value of over 20 billion Swiss francs. Among the leading companies to originate from Switzerland, Swatch Group holds the largest market share worldwide. Luxury watchmakers such as Rolex and Richement are Swatch Group’s closest rivals, but Swatch’s lead is a confident one with a gap of almost ten percent.
Breeding the world’s most valuable brands
Swatch’s strength as a top watchmaker comes from various international brands that the company owns or produces watches for under its own licence. The Swiss luxury watchmaker Omega is one of the subsidiaries belonging to the Swatch Group. In 2016, Omage ranked among the most valuable Swiss watch brands along with the Swatch brand itself and other Swatch subsidiaries such as Tissor and Rado.
The Swatch Group: market leader
The Swiss watchmakers have a strong dominance in global watch industry generating an export value of over 20 billion Swiss francs. Among the leading companies to originate from Switzerland, Swatch Group holds the largest market share worldwide. Luxury watchmakers such as Rolex and Richement are Swatch Group’s closest rivals, but Swatch’s lead is a confident one with a gap of almost ten percent.
Breeding the world’s most valuable brands
Swatch’s strength as a top watchmaker comes from various international brands that the company owns or produces watches for under its own licence. The Swiss luxury watchmaker Omega is one of the subsidiaries belonging to the Swatch Group. In 2016, Omage ranked among the most valuable Swiss watch brands along with the Swatch brand itself and other Swatch subsidiaries such as Tissor and Rado.
