The Swatch Group AG

The Swatch Group AG

The Swatch Group AG

Overview
Date Founded

1983

Headquarters

Faubourg de l'Hôpital 3,Neuchâtel, Neuchatel 2000

Type of Company

Public

Employees (Worldwide)

35.4K

Industries

Industrial Machinery & Manufacturing
Luxury & Specialty Goods
Consumer Services

Company Description

Swatch Group is an international group active in the design, manufacture and sale of finished watches, jewelry, watch movements and components. Swatch Group supplies nearly all components required by its nineteen watch brands, and Swatch Group companies supply movements and components to third-party watchmakers in Switzerland and around the world. Please be sure to visit our brands' websites to learn more about their fantastic products. Swatch Group is also a key player in the manufacture and sale of electronic systems used in watchmaking and other industries. Swatch Group employs more than 29 700 persons in over 50 countries. Gross sales in 2012 amounted to 8.143 billion Swiss francs (2011: 7.143), net profit to 1.608 billion Swiss francs (2011: 1.276 billion)

Executives & Employees

Chief Executive Officer

Workshop Manager, Michel SA

Member-Extended Management Board

Member-Extended Management Board

Head-Information Technology

Finance Director, Swatch Group Pension Fund

Corporate Treasurer & Investor Relations Officer

In-House Counsel

Company Secretary

Corporate Communications

Board of Directors

President & Chief Executive Officer at Harry Winston, Inc.

Executive Chairman at Chocoladefabriken Lindt & Sprüngli AG

Chief Executive Officer at The Swatch Group AG

Former Head, Astronaut Office Robotics Branch at National Aeronautics & Space Administration (NASA)

Lecturer at Graduate Institute Geneva

Member, Board of Directors at The Swatch Group AG

Professional at Swatch Group SA

Former Director & Vice President at Avesco Group Ltd.

Paths to The Swatch Group AG
Potential Connections via
Relationship Science
You
The Swatch Group AG
Owners & Shareholders
Details Hidden

Gardner Russo & Gardner (GRG) employs a long-term, global-value investment strategy. Investment decisions are made using primary, fundamental research directed towards a limited number of global industries with little input from Wall Street. They conduct research by analyzing a company's financial reports, attending annual, industry, and analyst meetings, and engaging its management in appropriate venues. GRG assess free-cash-flow generation, sustainability of franchise, earnings and pricing power, and quality of management; and match their judgments of these against the price of the company's stock. The firm buys at reasonable prices, and retains, meaningful positions of common stocks in concentrated industry groups, in competitively advantaged, global businesses that are run by able and honest managers.

Details Hidden

Swisscanto is an active, growth-oriented manager which consistently applies the relative value approach. Their investment philosophy is based on modern portfolio theory and emphasizes risk control and risk steering.The firm invests globally in equity and debt with a long-term outlook, generally favoring large-cap European companies. They utilize a credit spread investment approach to invest in bonds and employ a style investing approach for equity. They also make mixed, real estate, sustainable and alternative investments.Swisscanto's investment process starts with strategic allocation meetings. Investment decisions are based on relative market analysis, relative segment analysis and relative security analysis, with limited attention paid to macroeconomic considerations. Portfolio managers systematically use quantitative analysis. In-house research is supplemented by third-party analysis.

Details Hidden

BlackRock AM Schweiz is an active, risk-aware manager which offers clients a range of investment solutions across asset classes and regions, including equity, fixed-income, multi-asset, money market, index, absolute return, natural resources and equity income.The firm seeks to combine the global investment expertise of BlackRock for investors in Switzerland.

Recent Transactions
Details Hidden

ADVA Optical Networking SE purchases Oscilloquartz SA from The Swatch Group AG

Details Hidden

The Swatch Group AG, Technocorp Holding SA purchase Rivoli Group LLC from Dubai International Capital Emerging Markets

Details Hidden

The Swatch Group AG purchases HW Holdings, Inc. from Dominion Diamond Corp.

Transaction Advisors
Accountant

Advised onThe Swatch Group AG purchases Rubattel & Weyermann SA

Advisors & Consultants
Clients

Alibaba Group Holding Ltd. engages in providing online and mobile marketplaces in retail and wholesale trade. It operates through the following segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others. The Core Commerce segment comprises platforms operating in retail and wholesale. The Cloud Computing segment consists of Alibaba Cloud, which offers elastic computing, database, storage and content delivery network, large scale computing, security, management and application, big data analytics, a machine learning platform, and other services provide for enterprises of different sizes across various industries. The Digital Media and Entertainment segment includes the Youko Tudou and UCWeb media properties. The Innovation Initiatives and Others segment involves in the YunOS, AutoNavi, DingTalk, and other businesses. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China.

Chow Tai Fook is a leading jeweller in Mainland China and Hong Kong. It was one of the first Asian large-scale jewellers to penetrate Tier II, Tier III and Tier IV cities in Mainland China. Chow Tai Fook Jewellery Group Limited ("Chow Tai Fook" or the "Company") is a leading jeweller in Mainland China, Hong Kong and Macau with a heritage of over 80 years. Our principal products are mass luxury and high-end luxury jewellery products including gem-set jewellery, gold products, platinum and karat gold products, and watches. Our iconic brand "???" (CHOW TAI FOOK) and long-standing history of over 80 years of operations represent key competitive advantages of our business. The "???" (CHOW TAI FOOK) brand is recognised for its trust and authenticity, and our products are known for their design, quality and value. Chow Tai Fook has an extensive retail network, with over 1,800 jewellery and watch points of sale. We have a sophisticated vertically integrated business model that gives us effective and tight control over our processes, from raw material procurement to design, production, marketing and sales through our extensive retail network

Rakuten, Inc. engages in the business of Internet services. It operates through the following segments: Internet Services, FinTech, and Others. The Internet Services segment manages e-commerce (EC), online cash-back, travel booking, and portal and digital content sites. The FinTech segment provides services over the internet related to banking and securities, credit cards, life insurance, and electronic money. The Others segment includes the provision of messaging and communication services; and management of a Japanese professional baseball team. The company was founded by Hiroshi Mikitani on February 7, 1997 and is headquartered in Tokyo, Japan.

Key Stats and Financials As of 2017
Market Capitalization
$13.7B
Total Enterprise Value
$19.5B
Earnings Per Share
$13.85
Revenue
$7.96B
Net Profit
$733M
EBITDA
$1.42B
EBITDAMargin
17.86%
Total Debt
$42M
Total Equity
$11.3B
Enterprise Value Sales
2.46x
Enterprise Value EBITDAOperating
13.74x
TEVNet Income
26.66x
Debt TEV
0x
Three Year Compounded Annual Growth Rate Of Revenue
-2.95%
Five Year Compounded Annual Growth Rate Of Revenue
0.42%
Investments
Details Hidden

Rivoli Group LLC provides automobile auction services. It imports, distributes, and retails watches, eyewear, leather accessories, writing instruments, luxury communication instruments, and lifestyle accessories. The firm also offers customized personal accessories and luxury corporate gifts to customers in local government agencies, international investment banks, law firms, telecoms, FMCGs, and advertising agencies in the United Arab Emirates, Qatar, Bahrain, and Oman. The company was founded in 1988 and is headquartered in Dubai, United Arab Emirates.

Details Hidden

Everdream Corp. provided personal computer and desktop management software services. It offered end-to-end solution services in hardware, software, Internet access, services, and support. The company was founded by Russell Rive and Lyndon Rive in 1998 and is headquartered in Fremont, CA.

Suppliers
PVH Corp. Apparel & Footwear | New York, NY

PVH Corp. ("PVH") has grown exponentially from its 1881 roots of selling and mending shirts for miners in Pottsville, PA and its 1920's introduction of the Van Heusen soft-folding collar to become a global company with revenues of over $5.5 billion by successfully growing brands globally through a strategic combination of wholesale, retail and licensing operations throughout North America, Europe and Asia. Our brands include Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, ARROW and Bass. In addition, we license brands for dress shirts and neckwear offered in the U.S. and Canada. In less than a decade, PVH has experienced a tremendous amount of change that has redefined the identity, culture, performance and potential of the Company - first with the successful acquisition of Calvin Klein in 2003 and then with the addition of Tommy Hilfiger in 2010. Through these transformative acquisitions, we have secured our position as one of the largest global apparel companies, with a diversified portfolio of iconic lifestyle and apparel brands, led by Calvin Klein and Tommy Hilfiger. The Calvin Klein and Tommy Hilfiger brands together represent over 75% of the Company's profits and are expected to drive future revenue and profitability growth

Las Vegas Sands Corp. Recreation & Leisure | Las Vegas, Nevada

Las Vegas Sands Corp. engages in the development of destination properties. Its properties feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants, and other amenities. It operates through the following geographic segments: Macao, Singapore, and United States. The Macao segments handles the operations of The Venetian Macao; Sands Cotai Central; The Parisian Macao; The Plaza Macao and Four Seasons Hotel Macao; and Sands Macao. The Singapore segment includes the Marina Bay Sands. The United States segment consists of Las Vegas Operating Properties and Sands Bethlehem. The company was founded by Sheldon G. Adelson in August 2004 and is headquartered in Las Vegas, NV.

Metro Holdings Ltd. Retail: Other | Singapore, CE

Metro Holdings Ltd.engages in the management and operation of retail and department stores. It operates through the Property and Retail segment. The Property segment involves the leasing of shopping and office spaces as well as investment in property-related investments. The Retail segment includes the operation and retailing of department stores. The company was founded by Tjoe Kim Ong in 1957 and is headquartered in Singapore.