Swatch Group : 2023 should mark a catch-up rather than a new start
>The tone at the press confidence still positive, but no quantified data on China - Swatch held a press conference yesterday at the time of the publication of its 2022 annual report, the group having already published its key figures related to the accounts for 2022 on 24 January 2023 when it also held a conference call with analysts (cf. our Flash of 25 January “Catch-up in China on the cards but the group largely underperformed in 2022”). Management’s tone remains...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.
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.
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