Swatch, strong growth in the first half (cross-border guide)

Context

In a nutshell

• The Swatch Group posted a 2% revenue increase in the first half of 2026.
• Consolidated turnover is CHF 3.12 billion.
• Organic growth for the group was 8.5%.

Key facts

• What: Swatch Group's first-half 2026 financial results
• When: first half of 2026
• Turnover: CHF 3.12 billion (+2% year-on-year)
• Organic growth: +8.5%
• Group: Swatch Group, one of Switzerland's leading watchmakers

The Swatch Group closed the first half of 2026 with consolidated turnover of CHF 3.12 billion, up 2% on the same period last year. According to the Swiss news agency AWP, organic growth — which excludes currency effects — came in at 8.5%, a figure the company attributed to a positive dynamic across all price segments of its portfolio.

Operational details

The Swatch Group is headquartered in Biel/Bienne, in the canton of Bern, where a significant part of the group's watchmaking production also takes place. Switzerland's watch industry is historically concentrated in the Jura Arc, a region bordering France that employs a significant number of cross-border commuters.

For cross-border workers employed in the watch industry, half-year results from large groups like Swatch are a useful indicator of the sector's health: revenue growth and organic production growth tend to translate into employment stability at production sites in the region.

The group owns several watch brands, including Omega, Longines, Tissot and the Swatch brand itself, alongside component manufacturing through its ETA subsidiary.

Key points

The first-half 2026 figures confirm a recovery phase for the Swiss watch sector, in a context where the strong franc continues to weigh on the competitiveness of Swiss products abroad. The 8.5% organic growth indicates that the increase in turnover is not only due to favourable currency effects, but also to a real increase in sales volumes or prices.

The group's official half-year communications do not break results down by individual site or canton: variations between the different production sites in the Jura Arc can nonetheless be significant, and those working in the sector would do well to also follow communications specific to their own employer.

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