Expected when the world's largest watch manufacturer Swatch Group CEO NickHayek accept the Swiss newspaper "NeueZuercherZeitungamSonntag" access to the group in 2015 revenue is expected to reach 10 billion Swiss francs. But the premise is the level of foreign currency exchange rates remain stable , otherwise achieve this goal will be delayed .
According to relevant data , Swatch Swatch 2013 fiscal year revenue rose 8.3% to 8.82 billion Swiss francs, net profit increased significantly by 20.2% to 1.928 billion Swiss francs.
NickHayek Swatch this month in the fiscal year declined to comment on specific revenue expected annual results when the General Assembly convened , but he said the continuing strength of the Swiss currency could lead to the current fiscal year revenue decrease 4-5 billion Swiss francs. He further disclosed that in February alone , our sales will therefore loss of 50 million Swiss francs , close to the 2013 fiscal year revenue reductions due to exchange rate fluctuations play 6,600 Swiss francs.
NickHayek expects China sales this year will be achieved by growth in local currency terms . Prior to the Group's high-end watch brands Breguet and Omega executives have said since entering the 2014 sales have resumed positive growth. According to Federation of the Swiss Watch FederationoftheSwissWatchIndustry data released Thursday , as of February of this year , total export industries 3,292,500,000 Swiss francs, up 6.8% yoy , the largest and third largest export market for Hong Kong and mainland China increased by 5.1% and 0.6 % to 641 million Swiss francs and 211 million Swiss francs.