The Swatch Group: Swatch Group CEO confident for H2

BUY, Fair Value CHF595 vs. CHF555 (+10%)

News published on July Wednesday 24, 2013
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Yesterday’s conference call gave an opportunity for the CEO to highlight: i/ the group’s interest in the high-end jewellery market, hence the HW acquisition, and ii/ the slight recovery in June for the high-end watches segment in China. Buy reiterated with FV at CHF 595 vs CHF555 previously.

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