Brief: Watches of Switzerland Group Has Minimal Direct Exposure To Middle East Or Tourist Consumers
14/05/2026 07:39
May 14 (Reuters) - Watches of Switzerland Group PLC WOSG.L: WATCHES OF SWITZLND. - FY26 TRADING UPDATE WATCHES OF SWITZERLAND - FY26 REVENUE UP 13% IN CONSTANT CURRENCY TO £1.8 BILLION WATCHES OF SWITZERLAND - FY26 ADJUSTED EBIT EXPECTED AT £152-£155 MILLION WATCHES OF SWITZERLAND - FY27 GUIDANCE: REVENUE GROWTH 5-10% AT CONSTANT CURRENCY WATCHES OF SWITZERLAND - FY27 GUIDANCE: ADJUSTED EBIT MARGIN TO EXPAND 40-80BPS FROM FY26 WATCHES OF SWITZERLAND: GROUP IS MINDFUL OF GEOPOLITICAL ENVIRONMENT AND WILL CONTINUE TO CLOSELY MONITOR SITUATION WATCHES OF SWITZERLAND - FY27 GUIDANCE: CAPEX £60-£70 MILLION WATCHES OF SWITZERLAND: HAS MINIMAL DIRECT EXPOSURE TO MIDDLE EAST, OR TOURIST CONSUMERS FY2027 REVENUE VIEW 1.93 BILLION STG -- LSEG IBES DATA Source text: ID:nRSN2363Ea Further company coverage: WOSG.L ((Reuters.Briefs@thomsonreuters.com;))