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Strategies & Market Trends : THW-Tag Heuer International-Swiss Sportswatch Maker

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To: Andrew Q. Viet who wrote ()3/7/1997 7:41:00 PM
From: Andrew Q. Viet   of 10
 
TAG HEUER INTL confident on sales, profit

NEUCHATEL, Switzerland, Nov 15 (Reuter) - Swiss watchmaker TAG Heuter International SA said it was pleased with
its results in the first nine months of 1996 and expected net sales and net income would continue to rise.

"We are pleased with our results in the first nine months of the year. In spite of difficult economic conditions in certain
major markets, net sales are in line with expectations and we believe this trend will continue," chief executive Christian
Viros said in a statement.

Nine-month net sales rose 9.8 percent to 318.7 million Swiss francs.
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