CNBC Europe Top News - Feb 09, 2010The Swatch Group Ltd (UHRN)
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Jon Cox
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Kepler EquitiesThere is nothing concrete for the moment," Hayek said At 1002 GMT, shares in the group were trading 53 percent higher at 28270 Swiss francs, easily outperforming a near flat DJ Stoxx European personal and household goods index and a 21 percent rise in rival Richemont's shares "I like the stock
the management turn every penny, the company has a dominant position in the watch industry and an excellent position in China," said Kepler Capital Markets analyst Jon Cox "The company always does an excellent job in managing costs and if it can keep hold of a lot of them in 2010 it bodes very very well for the group as watch sales rebound," Cox said
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There is nothing concrete for the moment," Hayek said At 1002 GMT, shares in the group were trading 53 percent higher at 28270 Swiss francs, easily outperforming a near flat DJ Stoxx European personal and household goods index and a 21 percent rise in rival Richemont's shares "I like the stock<span class="sent"> the management turn every penny, the company has a dominant position in the watch industry and an excellent position in China," said Kepler Capital Markets analyst Jon Cox</span> "The company always does an excellent job in managing costs and if it can keep hold of a lot of them in 2010 it bodes very very well for the group as watch sales rebound," Cox said
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