Swatch Group 2012 Sales Rise 14%
January 10, 2013 at 03:23 AM EST
Swatch Group AG (OTC: SWGAY ) reported a rise in its full-year sales. Swatch's 2012 gross sales surged 14% to 8.14 billion Swiss francs ($8.8 billion). However, analysts were expecting sales of CHF8.01 billion. Swatch shares closed at $27.06 yesterday. (c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
