Swatch Group AG 2017 AR2
The report highlights Swatch Group's successful financial and operational performance in 2017, achieving net sales of CHF 7,960 million, a 5.4% increase from the previous year. The group's operating result improved by 24.5% to CHF 1,002 million, with a significant acceleration in the Watches & Jewelry segment during the second half of the year. On the sustainability front, the company continued its voluntary CO2 exemption program in Switzerland, reducing CO2 emissions by 2,776 tons since 2013 and exceeding its energy efficiency targets. Additionally, Swatch Group maintained its strict sourcing policies for raw materials, ensuring conflict-free precious metals and diamonds.
Company: Swatch Group AG
Sector: Manufacturing
Country: Switzerland
Year: 2017
Type: AR2
Pages: 244
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Swatch Group AG
Annual Report
The report highlights Swatch Group's successful financial and operational performance in 2017, achieving net sales of CHF 7,960 million, a 5.4% increase from the previous year. The group's operating result improved by 24.5% to CHF 1,002 million, with a significant acceleration in the Watches & Jewelry segment during the second half of the year. On the sustainability front, the company continued its voluntary CO2 exemption program in Switzerland, reducing CO2 emissions by 2,776 tons since 2013 and exceeding its energy efficiency targets. Additionally, Swatch Group maintained its strict sourcing policies for raw materials, ensuring conflict-free precious metals and diamonds.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees