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Posted by
Two Blokes Jul 3 -
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Watches of Switzerland Group PLC (LSE:WOSG) reported underlying profits for the past year slightly higher than expected but indicated that profit margins are likely to shrink in the coming year. The luxury jewellery and timepiece retailer reported record revenue of £1.65 billion for the year to 27 April 2025, up 7% on the previous year, or 8% at constant currency rates, which was in line with its year-end update in May.
