The Lucerne-based Bucherer group enjoyed higher watch and jewellery sales in 1999. With the end of the Asian crisis and the higher value of the dollar, profits for this watch and jewellery specialist rose by 57% to 29.7 million francs. Turnover rose by 6.5% to 411.9 million francs, with cash-flow representing 9.9%. Turnover for Bucherer in Switzerland and Germany grew by 7.5%. Sales of the jeweller Kurz increased by 8.1%, while those of Haban and Barth dropped by 5.2%. Bucherer has expressed its confidence for the current financial year.
June 26, 2000