The complete 2011 Annual Report of The Swatch Group Ltd. is now available and the Group’s working year is once again ending with a brilliant series of records:
– Gross sales exceeding seven billion Swiss francs for the first time, standing at 7143 million, with constant exchange rates, exceeding 2010’s figures by more than 21%.
– Operating profit of 1614 million Swiss francs, more than 12% higher than the previous year.
– Operating margin of 23.9% versus 23.5%, despite unfavourable exchange rates and inflated prices of raw materials.
– Net income of 1276 million Swiss francs, an increase of more than 18%.
– Equity over eight billion Swiss francs for the first time, equal to an equity ratio of over 82%.
– And, finally, the creation of more than 2800 new jobs in 2011 alone, which brings the brand’s staff complement to slightly more than 28 000 people.
Development of the Swatch Group Ltd. |
Contents of the Complete Report
- MESSAGE FROM THE CHAIR
- OPERATIONAL ORGANIZATION
- ORGANIZATION AND DISTRIBUTION
- ORGANS OF THE GROUP
- BOARD OF DIRECTORS
- EXECUTIVE GROUP MANAGEMENT BOARD
- AND EXTENDED GROUP MANAGEMENT BOARD
- DEVELOPMENT OF TH E SWATCH GROUP
- BIG BRANDS
- WATCHES AND JEWELLERY
- RETAILING AND LANDMARKS
- PRODUCT ION
- WATCHES
- JEWELLERY
- ELECTRONIC SYSTEMS
- CORPORATE, BELENOS
- SWATCH GROUP IN THE WORLD
- GOVERNANCE
- ENVIRONMENTAL POLICY
- SOCIAL POLICY
- CORPORATE GOVERNANCE
- FINANCIAL STATEMENTS 2011
- CONSOLIDATED FINANCIAL STATEMENTS
- FINANCIAL STATEMENTS OF THE HOLDING
To download the complete version of the latest Swatch Group Annual Report, click here