Watches of Switzerland Group: Demand Growth To Drive Next Leg …

Dec 6, 2024 · I maintain a buy rating for Watches of Switzerland Group as demand improves, particularly in the US market, driving growth acceleration. 1H25 results show a 3.1% y/y …

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Watches Of Switzerland Group: Demand Growth To Drive Next Leg …

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Dec 6, 2024 · I maintain a buy rating for Watches of Switzerland Group as demand improves, particularly in the US market, driving growth acceleration. 1H25 results show a 3.1% y/y …

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Watches Of Switzerland Sees Strong Sales Growth Amid High …

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Dec 5, 2024 · The US market saw an 11% growth in sales to £355m, boosted by a stock rebuild. Although UK and Europe revenues dipped by 1% to £430m, the group noted a recent upswing …

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Watches Of Switzerland Group Boosted By Strengthening Sales …

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Dec 6, 2024 · Brian Duffy, Watches of Switzerland Group chief executive, said: “We are pleased to report H1 FY25 revenue growth of 4% in constant currency reflecting an encouraging …

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Demand Will Continue To Outrun Supply This Year Predicts Watches …

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Jul 7, 2022 · Watches of Switzerland Group has reiterated its confidence in the luxury watch sector, predicting growth in its current financial year will exceed 20%. The group’s FY23 term …

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Watches Of Switzerland Confident Of Sales Boost Amid Recovery In …

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Sep 3, 2024 · Watches of Switzerland confident of sales boost amid recovery in luxury market The retailer remains on track for sales to grow by up to 12% to around £1.73 billion over 2024-25, …

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Watches Of Switzerland Group Share Price Rises 14% After …

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Jul 13, 2023 · Watches of Switzerland’s share price rose by almost 14% today, but remains down 11% for the year to date. The wider FTSE 250 index is down 1.7% over the same period. …

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How LVMH’s Hublot Plans To Rise Above A Watch Market Downturn

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5 days ago · The Swiss watch industry is still reeling from the China crisis, where exports are down 26.3 percent this year according to the Federation of the Swiss Watch Industry. ... ($750 …

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FAQs about Watches of Switzerland Group: Demand Growth To Drive Next Leg … Coupon?

Should you buy watches of Switzerland group?

I maintain a buy rating for Watches of Switzerland Group as demand improves, particularly in the US market, driving growth acceleration. 1H25 results show a 3.1% y/y revenue growth, with luxury watches generating GBP649 million and luxury jewelry GBP95 million. ...

Why did watches of Switzerland report an uptick in revenue growth?

Watches of Switzerland has reported an uptick in revenue growth due to growing demand in the US market despite luxury watch sales stagnating in the UK and Europe. In a trading update to markets today, the luxury watch firm said group revenue for the 26 weeks ending 27 October was up 4 per cent year-on [...] ...

How has the watches of Switzerland group performed in the second quarter?

The Watches of Switzerland Group has demonstrated significant market share and revenue growth, with trading aligning with expectations and positive momentum noted in the second quarter. According to Brian Duffy, Group CEO, the company has effectively navigated market volatility to achieve gains in market share. ...

How did the watches of Switzerland share price perform?

At 570p per share, the Watches of Switzerland share price was up 9.8% and leading the FTSE 250 higher. Revenues edged 1% higher during the 13 weeks to 29 October, to £379 million. Stripping out the impact of currency volatility sales were up 5% year on year. ...

How are watches of Switzerland group's valuation metrics shaping its market position?

To learn about how Watches of Switzerland Group's valuation metrics are shaping its market position, check out our detailed analysis of Watches of Switzerland Group's Valuation. The company faces challenges such as low return on equity at 7.5% and a 60.7% decline in earnings over the past year. ...

Why did W atches of Switzerland report an uptick in revenue?

W atches of Switzerland has reported an uptick in revenue growth due to growing demand in the US market despite luxury watch sales stagnating in the UK and Europe. In a trading update to markets today, the luxury watch firm said group revenue for the 26 weeks ending 27 October was up 4 per cent year-on year to £785m. ...