Watches of Switzerland rises as FY25 forecast affirmed

Watches of Switzerland

05/12/2024 08:48

** Shares of Watches of Switzerland  WOSG.L  rise 7.1% to
534.5p, hits 10-month high
    ** Co keeps FY25 guidance unchanged
    ** Continues to expect FY25 revenue between 1.67 bln pounds
to 1.73 bln pounds($2.13 bln-$2.20 bln)
    ** Group revenue in H1 up 4% at constant currency to 785 mln
pounds; H1 operating profit at 60 mln pounds, down 23% on a
reported basis
    ** WOSG fell ~25% YTD




($1 = 0.7852 pounds)

 (Reporting by Yamini Kalia in Bengaluru)
 ((Yamini.Kalia@thomsonreuters.com;))