Swatch reports 17% jump in earnings for 2013

Increase FontSize

Decrease FontSize

09-Feb-2014

Related Topics

Swatch forecast “healthy” growth this year after reporting a 17-percent jump in earnings for 2013. Net profit surged 20 percent to $2.13 billion. Its results received a boost from a court-ordered compensation payment of $449 million from Tiffany & Co. resulting from a legal battle over a failed joint venture. Operating income rose to $2.6 billion, easily beating analysts’ estimates. Swiss watch exports to China and Hong Kong fell 8.5 percent in the first 11 months of 2013.

Post a comment

Name (required) *

Mail (will not be published) (required) * Invalid Email

Website

*

Videos

Celebrity News

Deema Al Asadi wears Samra’s Thaman Collection

Eva Longoria Dazzles at Cannes in Pasquale Bruni’s Aleluiá Collection

Princess Maria Chiara and Princess Maria Carolina di Borbone in Damiani High Jewelry at 2025 Cannes Film Festival

Deema Al Asadi wears Samra’s Thaman Collection

Eva Longoria Dazzles at Cannes in Pasquale Bruni’s Aleluiá Collection

Princess Maria Chiara and Princess Maria Carolina di Borbone in Damiani High Jewelry at 2025 Cannes Film Festival

Calendar of Events

Exhibition & Events

GJEPC’s Jewellers for Hope Marks a Decade of Giving with Impact and Star Power

Impact of US Reciprocal Tariffs on Indian Gem & Jewellery Exports

The Vicenza Symposium: At the Heart of Its Mission, a Conscious, High-Tech, and Sustainable Future for Jewellery and Fashion

GJEPC’s Jewellers for Hope Marks a Decade of Giving with Impact and Star Power

Impact of US Reciprocal Tariffs on Indian Gem & Jewellery Exports

The Vicenza Symposium: At the Heart of Its Mission, a Conscious, High-Tech, and Sustainable Future for Jewellery and Fashion

Our Group Websites