swatch group ag/the-unsp adr (SWGAY) Key Developments
The Swatch Group AG Announces Revision of Articles of Association
May 28 15
The Swatch Group AG announced the revision of articles of association at the annual general meeting held on May 28, 2015.
The Swatch Group AG Approves the Dividend, Payable as from June 3, 2015
May 28 15
The Swatch Group AG at its Annual General Meeting held on May 28, 2015, approved the dividend of CHF 1.50 per registered share /par value of CHF 0.45, CHF 186,067,500.00 and CHF 7.50 per bearer share /par value of CHF 2.25, CHF 231,300,000.00. The dividend will be paid out as from June 3, 2015. The last trading day giving rise to a dividend entitlement is May 29, 2015.
The Swatch Group AG Announces Unaudited Consolidated Earnings Results for the Full Year Ended December 31, 2014
Mar 12 15
The Swatch Group AG announced unaudited consolidated earnings results for the full year ended December 31, 2014. For the year, the company announced net sales of CHF 8,709 million compared to CHF 8,456 million for the same period a year ago. Operating profit was CHF 1,752 million compared to CHF 2,314 million for the same period a year ago. Profit before taxes was CHF 1,765 million compared to CHF 2,356 million for the same period a year ago. Net income was CHF 1,416 million compared to CHF 1,928 million for the same period a year ago. Net income attributable to equity holders of the company was CHF 1,384 million compared to CHF 1,921 million for the same period a year ago. Diluted earnings per registered share were CHF 5.09 compared to CHF 7.08 for the same period a year ago. Diluted earnings per bearer share were CHF 25.47 compared to CHF 35.38 for the same period a year ago. Cash flow from operating activities was CHF 1,848 million compared to CHF 1,309 million for the same period a year ago. Investments in property, plant and equipment was CHF 1,040 million compared to CHF 574 million for the same period a year ago. Investments in intangible assets was CHF 48 million compared to CHF 48 million for the same period a year ago.
Swatch Reports Earnings Results for the Year 2014
Feb 5 15
Swatch reported earnings results for the year 2014. The company has posted a 2014 net profit down 26% following massive investments, and said it was bracing for a 2015 marked by an overvalued Swiss franc. In 2013, the company saw its net profit plummet to CHF 1.4 billion ($1.5 billion, €1.3 billion), a drop of more than a quarter which marked its weakest result in five years. Its operating profit also slumped 24.3% to CHF 1.7 billion.
The Swatch Group AG, Annual General Meeting, May 28, 2015
Nov 7 14
The Swatch Group AG, Annual General Meeting, May 28, 2015., at 10:00 Central European Standard Time. Location: Velodrome Suisse , Neumattstrasse 25. Agenda: To consider 2014 annual report; to discharge board of directors and the group management board; to consider resolution for the appropriation of the available earnings; to consider approval of compensation; to consider election of directors and compensation committee; to consider election of statutory auditors; to consider revision of the articles of association; and to consider election of the independent representative.