Feb 27th, 2006 
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Tags: Biel, Switzerland—Net income for the Swatch Group increased 33.7 percent in 2006 to $684.7 million, compared to approximately $512.3 million in 2005, the company announced today.
The company also saw an above-average increase in operating profit, up 32.4 percent in 2006 to $802.9 million, compared to $606.5 million in 2005.
The group’s core business, watches and jewelry, saw sales increase 13.8 percent in 2006. The company—which has 19 brands worldwide, 12 of which are sold in the United States—said all brands and price ranges contributed to this growth surge. (Swatch does not break out figures by country or brand.)
