Swatch shares up as US momentum holds

Swatch groupAG

30/01/2026 08:15

** Shares in Swatch  UHR.S rise almost 7% after the company reported key figures for 2025, as U.S. momentum continues despite fluctuating tariffs

** The group said it had positive momentum in the second half of 2025, which was continuing into January 2026 across all price segments

** Despite the rebound in sales in the second half, core profit was 33% below consensus expectations, however, analysts point out

** Swatch says production losses from a policy of maintaining production capacity and jobs are expected to reduce in 2026, after significantly impacting the group's core profit in 2025, analysts highlight

** Analysts at Zuercher Kantonalbank also point to the group's decision to maintain a stable dividend as a positive

 (Reporting by Bernadette Hogg)

 ((bernadette.hogg@thomsonreuters.com))