Frederique Constant celebrates record first half

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Company achieves 38 percent growth on the first half of 2009.

Frederique Constant has announced a sales growth of 38 percent for the first six months of 2010, in comparison with 2009.

Sales in the first six months of 2010 were also 15 percent higher than sales in the first half of 2008.

Frederique Constant chief executive Peter Stas said: “We have seen a significant increase in activity across all of our regions in the first half of 2010.

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“Russia and Japan returned to sales growth. Strong growth continues in North America and Asia. Europe keeps its solid position in the sales charts. In view of our intensive programs of promotional activities and new product launches, sales growth should continue to accelerate for rest of the year.”

Over the past twelve years Frederique Constant has experienced a growth rate of 20-35 percent each year. It increased its annual production to over 100,000 timepieces in 2010.

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