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.

Net income of the Swatch Group from 2007 to 2018

Net income in million Swiss francs
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Source

Release date

January 2019

Region

Switzerland

Survey time period

2007 to 2018

Supplementary notes

Figures for years prior to 2018 were taken from previous annual reports by the source.

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Statistics on "Swiss watch industry"

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