By Frank Prenesti
Date: Thursday 27 Jun 2024
(Sharecast News) - Watches of Switzerland shares surged on Thursday as the luxury timepiece seller held current-year guidance and said it was "cautiously optimistic" after annual profits fell amid a wind-back of discretionary spending.
Pre-tax profit for the year to April 28 fell 40% to £92m with revenues flat at £1.53bn...
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