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Evening Standard
Evening Standard
Business
Michael Hunter

Watches of Switzerland shares energised by record profits

Watches of Switzerland sells brands such as Rolex

(Picture: Watches of Switzerland)

Shares in Watches of Switzerland made one of the biggest rises on the FTSE 250 in Thursday morning trade after the retailer reported record annual profit in what its chief executive called a “tremendous year”.

Brian Duffy told the Standard he was “delighted with the results,” saying they were “ahead of what I would have predicted at the start of the year”.

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