I'm not sure about which accurate conclusion to choose...
By: Mark in Paris : January 12th, 2015-14:45
First, the independent watchmakers are a very heterogeneous world: from 10 watches (RogerSmith), Voutilainen (around 40), DeBethune or MB&F (from 150 to 350 ?), FPJ (below 1000) to 3000 watches a year (RichardMille) ?.... And hence very mixed Ebit fig...