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Business

Watches of Switzerland FY25 bolstered by return to growth in H2

Watchmaking specialist Watches of Switzerland (WOS) reported an improvement in financial performance for fiscal year 2025, during which it returned to growth in the second half of the year in both the UK and US. Group revenue rose 8 percent in constant currency compared to FY24, reaching 1.65 million pounds. This was bolstered by a 16 percent...

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Management

Watches of Switzerland's FY24 revenues up but profit drops

Watches of Switzerland revenue of 1,538 million pounds, increased 2 percent at constant currency for the full year, and remained flat at reported rates, while the company reported a 40 percent decline in annual pre-tax profit to 92 million pounds. The company expects FY25 revenues to be in the range of 1.67 to 1.73 billion pounds, growth of 9 to...

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