Swatch Group reported a 5.2% increase in annual sales

1월 23일

Today, The maker of Omega, Tissot and Longines watches as well its eponymous mass-market plastic watches said its sales increased to 7.89 billion Swiss francs ($9.11 billion), a rise of 5.2% in franc terms and a 12.6% increase when measured at constant exchange rates.

- Trading at 27.5% below our estimate of its fair value

- Earnings are forecast to grow 3.36% per year

- Earnings grew by 21.4% over the past year

- Trading at good value compared to peers and industry

- Analysts in good agreement that stock price will rise by 25.9%