Watches of Switzerland FY26 adjusted EBIT rises 3% to £155 million; revenue increases 11% to £1.83 billion

• Watches of Switzerland posted FY26 statutory PBT of GBP 133 million, up 76%, as revenue rose 11% to GBP 1.83 billion.
• Adjusted EBIT climbed 3% to GBP 155 million, while adjusted EBIT margin narrowed 0.6 percentage points to 8.5%.
• Net margin slipped 0.7 percentage points to 35.6%, due to lower brand margin tied to US tariffs and product mix.
• Free cash flow increased to GBP 162 million from GBP 98 million; net debt improved to GBP 57 million.
• FY27 guidance calls for constant-currency revenue growth of 5% to 10% and adjusted EBIT margin expansion of 0.4 to 0.8 percentage points.

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 July 14, 2026, and is solely responsible for the information contained therein.