Swatch Sales May Reach 8 Billion Francs in 2012, Le Temps Says

Swatch Group AG Chief Executive Nick Hayek said 2012 sales may reach 7.5 billion Swiss francs ($7.9 billion) to 8 billion francs, Le Temps reported.

The company may achieve 10 billion francs of annual revenue in four to five years, the Swiss newspaper said, citing an interview with the CEO.

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