Q4 2022 Watches of Switzerland Group PLC Trading Statement Call Transcript

Feb 15, 2024

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May 18, 2022 / 07:00AM GMT
Operator

Ladies and gentlemen, welcome to Watches of Switzerland Quarter 4 and Full Year 2020 (sic) [2022] Trading Update. My name is Kiernan, and I'll be coordinating the call for you today. (Operator Instructions)

I'll now hand over to Brian Duffy to go ahead. Please go ahead.

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

Thank you, Kiernan, and good morning, everybody. Welcome to the call. Thanks for joining us. I'm assuming that most of you will have been through the RNS that we issued this morning. So I'm not going to repeat all of the detail that's there. I'll just give a bit more color to results and then I'll pass over to our CFO, Bill Floydd, who will take you through our guidance for fiscal year '23.

We're very pleased to report our results, 48% sales growth in Q4, 40% for the year. And some important points I'm going to make and interpreting these numbers for you. Our sales were almost entirely to domestic clients, 97% domestic, U.K. and U.S. Pre-COVID full year '19 international sales without bringing the combined

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