Brian Duffy
CEO
Replay available
Watches of Switzerland Group plc (WOSG) Q4 2025 Earnings Call
Watches of Switzerland Group plc (LSE: WOSG) Q4 2025 earnings conference call, held 2025-07-03. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
David Hurley
President of North America and Deputy Group CEO
Craig Bolton
President UK
Anders Romberg
Group CFO
Adrian de Verger
Analyst, Goldman Sachs
John Cox
Analyst, Kepler Cheuvreux
Alison Legle
Analyst, Deutsche Bank
Kate Culvert
Analyst, Investec
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Watches Of Switzerland Group Plc.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.016 So good morning and thank you for joining our presentation of the final results of the 00:00:05.016 -- 00:00:08.560 Watch the Switzerland group for fiscal year 25. 00:00:08.560 -- 00:00:13.585 You'll be hearing firstly from me, Brian Duffy, CEO of the group, then David Hurley, 00:00:13.585 -- 00:00:19.351 President of North America and Deputy Group CEO, then Craig Bolton, President UK, 00:00:19.351 -- 00:00:24.716 and finally, last but not least, Anders Romberg, our Group CFO. 00:00:24.716 -- 00:00:29.461 I'll then have some closing remarks before opening the lines for your questions. 00:00:29.461 -- 00:00:34.488 In fiscal year 25, we achieved record sales of $1.652 00:00:34.488 -- 00:00:39.555 billion. That was plus 8% in constant currency versus prior year. 00:00:39.555 -- 00:00:44.121 And we had a stronger second half gross, achieving plus 12%. 00:00:44.121 -- 00:00:45.903 Our 00:00:45.903 -- 00:00:51.771 US division passed an important milestone, achieving sales of over $1 billion 00:00:51.771 -- 00:00:54.014 in the fiscal year. 00:00:54.014 -- 00:00:59.482 Adjusted EBIT of £150 million was 12% ahead of last year, 00:00:59.482 -- 00:01:04.630 representing an improvement in profitability of 30 bps, and we 00:01:04.630 -- 00:01:09.757 ended with a decent balance sheet. Throughout the year, we continued with our strategy 00:01:09.757 -- 00:01:14.905 of investing for profitable growth through developing our showrooms. 00:01:14.905 -- 00:01:19.971 With new points of sale for Rolex in the US, 00:01:19.971 -- 00:01:22.975 in Jacksonville and Plano, Texas. 00:01:22.975 -- 00:01:28.401 The stunning new Rolex flagship boutique here in London and Old Bond Street. 00:01:28.401 -- 00:01:31.826 Expansion of Patek Philippe in Greenwich, Conne...