The Swatch Group AG (UHRN.S)
22 Mar 2018
BASEL, March 19 Clariant aims to give a strategic update on its partnership with 25-percent investor Saudi Basic Industries Corp (SABIC) in September, Chief Executive Hariolf Kottmann told shareholders at the Swiss speciality chemicals maker's annual general meeting on Monday.
LONDON European shares fell back on Tuesday as global markets took a risk-averse turn, with cyclical sectors including mining and financials suffering the sharpest losses.
ZURICH Swatch Group Chief Executive Nick Hayek is targeting faster sales growth this year after the world's largest watchmaker increased momentum at the end of 2017 and saw good signs from January trading.
* Shares rise more than 3 percent (rewrites, adding analysts, share price reaction)
ZURICH, Jan 30 Swatch Group said it expected "very positive" growth in 2018 after net profit rose 28 percent in 2017, helped by an improvement in global demand for Swiss watches.