Swatch Group reported higher attributable profit in the first half despite a lower net result, as net sales grew 2.0 percent to 3.121 billion francs. Net income attributable to shareholders rose to 9 million Swiss francs, or 0.04 franc per share, from 3 million francs a year earlier, while the overall net result slipped to 16 million francs from 17 million francs. Operating profit fell to 52 million francs, representing a margin of 1.7 percent, partly due to negative currency effects and the deliberate maintenance of production capacities. The company noted strong sales acceleration in May and June, with sales up 13.1 percent at constant exchange rates and an operating margin of 8.6 percent, and projects continued growth and improved profitability in the second half of 2026.
The Swatch Group AGStrong sales acceleration in May and June, with sales up 13.1% at constant exchange rates, and projected continued growth in H2.