Luxury Goods

Watches of Switzerland EBITDA falls 11% amid 2% rise in group revenues

Looking ahead, the group said that following the more challenging trading conditions of FY24, it is ‘cautiously optimistic’ about trading in FY25

Watches of Switzerland has reported a 11% decline in adjusted EBITDA amid a 2% rise in group revenues to £1.5bn at constant currency for the 52 weeks ended 28 April 2024.

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