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UHR Swatch groupAG News Story

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Brief: Swatch Group AG FY Net Sales Of CHF 6 280 Mln, -1.3% At Constant Exchange Rates YOY (-5.9% At Current Rates)

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)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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