Watches of Switzerland Group PLC (STU:5WS)
€ 6.6 0 (0%) Market Cap: 1.63 Bil Enterprise Value: 2.32 Bil PE Ratio: 32.49 PB Ratio: 2.44 GF Score: 83/100

Q2 2024 Watches of Switzerland Group PLC Trading Statement Call Transcript

Nov 07, 2023 / 09:00AM GMT
Release Date Price: €6.5 (+13.04%)
Operator

Hello, everyone, and welcome to the Watches of Switzerland Q2 Trading Update. My name is Bruno, and I'll be operating your call today. (Operator Instructions) I'll now hand over to your host and CEO, Brian Duffy. Please go ahead.

Hugh Brian Duffy
Watches of Switzerland Group plc - CEO & Director

Good morning, everyone. Thanks, Bruno. Brian Duffy, CEO here. Also joined in the room here in London with our CFO, Anders Romberg; David Hurley, our President of North America, Group Deputy CEO; and also Caroline Brown, our Finance Director. And all of them can help with questions when we get there.

But giving you here tools this morning, we've got RNS both for the Q2 trading update and our long-range plan '24-'28. We are covering the long-range part in much more detail at an event this afternoon. Whilst I will mention a long-range plan as I get through these remarks, we would ask that you concentrate your questions on Q2, and we'll have plenty of time to talk LRP this afternoon.

With regards to Q2, our group sales came in at plus 5% constant

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