Watches of Switzerland Posts Strong Q4 Growth

Watches Of Switzerland Group Plc (GB:WOSG) has released an update.

Watches of Switzerland Group PLC reports a solid performance for Q4 FY24, with group revenue up by 4% at constant currency and a confident outlook despite macroeconomic challenges. The company highlights strong sales in the U.S., robust demand for luxury watches, and successful pre-owned segments, especially Rolex Certified Pre-Owned. In addition to its acquisition of Roberto Coin Inc., the firm is focused on long-term growth, planning several new showroom developments and aiming to more than double sales and adjusted EBIT by FY28.

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