Watches of Switzerland jumps after ruling out impact from US tariffs

Watches of Switzerland

03/09/2025 08:30

** Watches of Switzerland WOSG.L gains as much as 11% to 354p; top pct gainer on FTSE mid-cap index .FTMC

** Luxury watch retailer anticipates no material impact from U.S. tariffs in H1 2026

** Expects to report H1 results in line with its estimate

** Says, "The stability we saw in UK luxury watch and jewellery markets during the second half of FY25 has continued"

** As of last close, WOSG falls 43% this year

 (Reporting by DhanushVignesh Babu in Bengaluru)

 ((DhanushVignesh.Babu@thomsonreuters.com;))