Report
Jean Danjou

Swatch Group : La reprise devrait être plus visible mais la perspective longue en horlogerie fait toujours débat

>Reprise plus visible dès le S1 2021 - Les commentaires récents de LVMH et Richemont suggèrent que l’horlogerie est maintenant sur la voie d’une reprise plus visible et ce même si les chiffres d’exportations horlogères suisses pour les 5 premiers mois de l’année ressortent plutôt en demi-teinte (exportations à -3% sous le niveau de 2019). Nous tablons sur une progression des exportations horlogères pour l’ensemble de l’exercice de +25%/+30% ce qui nous ramènerait à un...
Underlying
Swatch Group Ltd. Bearer

Swatch Group is active in finished watches and jewelry sector with 20 brands in all market and price brackets. In addition, Co. is engaged in the sector of watch movements and components production as well as in the electronic systems sector. Co.'s operations can be divided into two segments: Watches & Jewelry, which is engaged in the production and sale of watches and jewelry; and Electronic Systems, which is engaged in the design, production and commercialization of electronic components, sports timing activities. Co. manufactures and sells watches under the following brands, among others: Breguet, Harry Winston, Blancpain, Glashutte Original, Jaquet Droz, Leon Hatot, and Omega.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean Danjou

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