The Swatch Group AG Bearer Shares
UHR: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| n%@ | LOCK|bb^>% | LOCK|!G$q>h |
Swatch Earnings: Difficult First Half, and Long-Term Profitability Likely Challenged
Swatch Group reported continued pressure on revenue and profits in the first half, with revenue down 7% at constant exchange rates and operating profit down 67%, reflecting fixed-cost deleverage.
