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The Swatch Group AG (UHR.SW)

Swiss - Swiss Delayed price. Currency in CHF
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170.70-18.50 (-9.78%)
At close: 05:30PM CEST
Full screen
Previous close189.20
Open174.00
Bid0.00 x 0
Ask0.00 x 0
Day's range166.95 - 175.00
52-week range166.95 - 282.50
Volume1,323,617
Avg. volume187,251
Market cap8.84B
Beta (5Y monthly)0.85
PE ratio (TTM)10.18
EPS (TTM)16.76
Earnings date15 Jul 2024
Forward dividend & yield6.50 (3.44%)
Ex-dividend date13 May 2024
1y target est269.20
  • AFP

    Swatch profits plunge as China luxury crisis bites

    Swiss watch group Swatch saw its first half profits plunge due to the luxury market crisis in China and warned Monday the key market was likely to remain difficult throughout the rest of the year. But the Chinese market will likely remain challenging for the entire luxury goods industry until the end of the year, it said.

  • Reuters

    Swatch sales, profits slump on weak China demand, hammering shares

    Swatch Group, the world's biggest watchmaker, reported a steep drop in first half sales and earnings on Monday as demand for luxury goods in China remained weak, but forecast business would improve significantly later in 2024. The Swiss maker of Tissot, Longines and Omega watches, as well as the eponymous plastic Swatch watches, said net sales at current exchange rates dropped 14.3% to 3.45 billion Swiss francs ($3.85 billion) in the January-June period. Sales were well below the 3.75 billion franc consensus forecast gathered by Visible Alpha, with the company also pointing to a negative currency impact of 145 million francs.

  • Bloomberg

    Swatch Shares Plunge as Profit Falls 70% on China Weakness

    (Bloomberg) -- Swatch Group AG’s shares fell the most in four years after sales and profit plunged amid a China-led slowdown for Swiss watchmakers and other luxury companies.Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceBold and Bloodied Trump Seizes the Moment After Being ShotGlobal Markets Ramp Up the ‘Trump Trade’ After Rally AttackTh