Q4 2023 Watches of Switzerland Group PLC Trading Statement Call Transcript

Feb 15, 2024

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May 17, 2023 / 08:00AM GMT
Operator

Good morning, or good afternoon all, and welcome to the Watches of Switzerland Q4 FY '23 Trading Update. My name is Adam, and I'll be your operator for today. (Operator Instructions) I will now hand the floor over to CEO, Brian Duffy, to begin. So Brian, please go ahead when you are ready.

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

Okay. Thank you, Adam. Good morning, everyone. Thank you for joining our call. I'm Brian Duffy, the CEO of Watches of Switzerland Group. I'll be adding some further commentary and color to the Q4 fiscal year trading announcement that we made this morning. Our CFO, Anders Romberg, will then add some comments on our full year '24 guidance, which we also announced this morning, and then we'll both be happy to take whatever questions you have.

I'm very pleased with our strong revenue performance in Q4 and for the fiscal year. Consistent with Q3, the macro backdrop has continued to be more challenging in Q4. And as we expected and forecasted, macroeconomic pressures impacting wider consumer confidence

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