Watches of Switzerland Group PLC (GB:WOSG) has released an update.
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Watches of Switzerland Group PLC reported a stable year with group revenue at £1,538 million, bolstered by a strong US performance despite a challenging market. The company has shown confidence in their FY25 guidance, underpinned by strategic acquisitions, showroom developments, and a doubling in pre-owned luxury watch sales. They aim to continue capitalizing on market opportunities with plans to double sales and profit by 2028.
For further insights into GB:WOSG stock, check out TipRanks’ Stock Analysis page.
