Report
H1 sales up 12.6% and EBIT margin gained 470bp
The Swatch Group reported this morning very healthy 2018 Half year results, with sales being up 14.7% and 12.6% at same FX to CHF4.26bn (consensus:CHF4.18bn). Consequently, profitability gained 470bp to 14.7% (consensus: 14.6%). We have slightly adjusted our 2018 EPS by 2% hence a new Fair Value at CHF465 versus CHF450 previously
Provider
Bryan Garnier
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
Loic Morvan
Other Reports from Bryan Garnier
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.