Swatch closes 2012 on the up, recording a Net income of 1,6 billion Swiss francs (1,2 billion euros), up 26% compared to the previous year. The figure is higher than expectations, which stopped at 1,4 billion francs. The Board has proposed a dividend per share at 6,75 francs, up 17,4%.
The only sore point is the slowdown of the Chinese market, down 4,4%. Also in 2011, the operating result of the watchmaking group was up by 22,9% to 1,9 billion francs. Swatch notes that the start of the year has been encouraging and that the outlook for 2013 is positive.
