Swatch sales grow strongly in 2013


(MENAFN) Swatch Group, the world's largest watchmaker, has posted strong growth in sales and operating profit during last year, Xinhua reported



The Swiss group's gross sales surged 8.3 percent to hit USD9.7 billion, while net sales increased 8.5 percent to USD9 billion



Watches and Jewelry gross sales went up by 8.6 percent to USD9.4 billion, and net sales increased 8.8 percent to USD9 billion



Operating profit during the year surged 17 percent to USD2.5 billion. The group's net income has increased by 20.2 percent, hitting USD2.1 billion


MENAFN

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