Watches of Switzerland posts FY26 revenue £1.83 billion, up 13% in constant currency
- Watches of Switzerland posted FY26 group revenue of GBP 1.83 billion for 53 weeks to May 3, up 13% in constant currency, up 11% reported; excluding 53rd week, revenue rose 11% in constant currency.
- US revenue climbed 24% in constant currency to USD 1.24 billion, now representing more than half of group sales; US retail revenue increased 25% in constant currency, Roberto Coin wholesale rose 22%.
- UK revenue grew 5% year on year to GBP 901 million, with sequential improvement in second half.
- Adjusted EBIT expected at GBP 152-155 million, ahead of prior guidance; net debt at GBP 57 million following Deutsch & Deutsch acquisition.
- FY27 organic guidance calls for 5%-10% revenue growth at constant currency, 40-80 bps adjusted EBIT margin expansion, capex of GBP 60-70 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Watches of Switzerland Group plc published the original content used to generate this news brief on May 14, 2026, and is solely responsible for the information contained therein.
