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The Swatch Group AG (XSWX:UHR) PensionAndRetirementBenefit : CHF42 Mil (As of Dec. 2023)


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What is The Swatch Group AG PensionAndRetirementBenefit?

The Swatch Group AG's PensionAndRetirementBenefit for the quarter that ended in Dec. 2023 was CHF42 Mil.

The Swatch Group AG's quarterly PensionAndRetirementBenefit stayed the same from Dec. 2022 (CHF43 Mil) to Jun. 2023 (CHF43 Mil) but then declined from Jun. 2023 (CHF43 Mil) to Dec. 2023 (CHF42 Mil).

The Swatch Group AG's annual PensionAndRetirementBenefit increased from Dec. 2021 (CHF42 Mil) to Dec. 2022 (CHF43 Mil) but then declined from Dec. 2022 (CHF43 Mil) to Dec. 2023 (CHF42 Mil).


The Swatch Group AG PensionAndRetirementBenefit Historical Data

The historical data trend for The Swatch Group AG's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Swatch Group AG PensionAndRetirementBenefit Chart

The Swatch Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.00 43.00 42.00 43.00 42.00

The Swatch Group AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.00 43.00 43.00 43.00 42.00

The Swatch Group AG PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.


The Swatch Group AG (XSWX:UHR) Business Description

Address
Seevorstadt 6, Bienne, CHE, 2501
Swatch Group's biggest brands are Omega (number-two Swiss watch brand by sales after Rolex), Longines (the largest premium watch brand and number four by sales globally), Breguet, Tissot (the leader in midrange Swiss watches), and Swatch. Swatch group employs over 31,000 people, half of them in Switzerland. We estimate that Swatch Group makes about 30% of its sales from Omega, 17% from ultraluxury brands, 20% from Longines, 10% from Tissot, and 6% from Swatch. We estimate Omega and Longines to be the group's most profitable brands.

The Swatch Group AG (XSWX:UHR) Headlines

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