Company CIC Germany GmbH
Country Germany
Email info@cic-germany.com
Telephone +49 0 7231 4196197
Market Segment Bridge
Core Business Watches

Helveco Financial Report 2018

 
 

CIC Germany GmbH Financial Report

Income Statement Trend

Total Revenue

It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.

Operating Margin

Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.

Net Profitability

It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.

Profit Ratio

It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.

Income Statement Highlights

Balance Sheet Highlights

Official Websites

Helveco website
Helveco ecommerce

Brand doesn't have an official ecommerce

Official Social Media

Brand Description

Establishment

Year
1939
City
n.a.
Country
Germany

Founder

Arthur Imhof

Designer

Team of designers

Profile

1939 was the year that Arthur Imhof, who was then the managing director of the "Manufacture de pendulettes d'art Arthur Imhof", launched a brand "which would go down in history of Swiss watch making". He called it HELVECO in reference to the old name of his mother country, Helvetia, attributed to it when it was founded in 1291 and used until the creation of Switzerland that has succeeded so well from the 17th century up until the present day in turning the craft and skill of watch making into a true art.

As soon as they appeared on the market, HELVECO clocks and watches gained a reputation for excellent quality. Although at first the timepieces only indicated the hours and minutes, many special devices were subsequently added such as striking mechanisms and alarms, thanks to which they became references of both beauty and technology not only in Europe, but also in Asia, Japan and North and South America.

In 1998, HELVECO was adopted by the Swiss Watch Trading Co. that has set itself the aim of perpetuating the approach adopted by the founder of HELVECO located in Biel (Bienne), at the heart of an area of Switzerland which has produced generations of master watchmakers, HELVECO is the heir guarantor of Imhof's watch making skill. Emphasizing on every small detail and aiming at technical perfection, the brand also pays attention to the beauty of it's products and the choice of materials used. HELVECO is indeed a Brands that typifies the distinction and high quality of Swiss watch making.

In the year 2004, HELVECO was acquired by Chronograph Int'l Co., established by it's present managing director – Mr. Rabih Aljord, who took charge of reviving the brand by bringing more life using different concept designers from various European countries the aim of which is maintaining the true European spirit.

Besides the use of a Swiss designer who has a touch from the brands design origin, a French and an Italian designer were involved to complete the elements of beauty, luxury and precision.

As of 2006, the injection of life to the HELVECO brand was then made possible by taking decision of adding writing instruments, leather goods and accessories and forming the new product mix that gives it a unique character.

Business Strategy

Market Positioning

Bridge

Core Business

Watches

Target

Men
Women

Product Categories

Accessories
Watches
 

CIC Germany GmbH profile

Name CIC Germany GmbH
Website helveco1939.com/
Country Germany
VAT Number DE 261 875 331
Telephone +49 (0) 7231 4196197
Fax +49 (0) 7231 4196195
Date of foundation 1939
Type of Company Private

Headquarters

Steubenstraße 33 75172 Pforzheim

Ownership (Top Shareholders)

CIC Germany GmbH doesn't provide the information on its shareholders.

CIC Germany GmbH Brands

 

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