Jan 30 (Reuters) - SWATCH GROUP AG UHR.S:
FY NET SALES OF CHF 6 280 MILLION, -1.3% AT CONSTANT EXCHANGE RATES COMPARED TO THE PREVIOUS YEAR (-5.9% AT CURRENT RATES)1). NEGATIVE CURRENCY IMPACTS OF CHF 308 MILLION.
H2 SALES GROWTH OF 4.7% AT CONSTANT EXCHANGE RATES
STRONG ACCELERATION IN THE FOURTH QUARTER WITH SALES UP 7.2% WORLDWIDE AND ACROSS ALL PRICE SEGMENTS
OPERATING PROFIT OF CHF 549 MILLION (OPERATING MARGIN OF 9.5%) IN THE WATCHES & JEWELRY SEGMENT (EXCLUDING PRODUCTION
STRONGLY NEGATIVE OPERATING RESULT IN THE PRODUCTION SEGMENT
GROUP EXPECTS SUBSTANTIAL GROWTH FOR THE YEAR 2026 IN ALL PRICE SEGMENTS
FY OPERATING CASH FLOW OF CHF 507 MILLION, +52.3% COMPARED TO THE PREVIOUS YEAR
DIVIDEND PROPOSAL FROM THE BOARD OF DIRECTORS: CHF 0.90 PER REGISTERED SHARE (PREVIOUS YEAR: CHF 0.90) AND CHF 4.50 PER BEARER SHARE (PREVIOUS YEAR: CHF 4.50).
STRONGLY NEGATIVE OPERATING RESULT IN THE PRODUCTION SEGMENT FOLLOWING THE DELIBERATE DECISION TO MAINTAIN PRODUCTION CAPACITIES AND JOBS
Further company coverage: UHR.S
(Gdansk Newsroom)
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