Greggs, UK tech stocks & Watches of Switzerland: The Companies and Markets Show
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Greggs, UK tech stocks & Watches of Switzerland: The Companies and Markets Show
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We begin with well-loved pastry seller Greggs (GRG), which suffered a downturn in sales per its latest trading update. Julian Hofmann explains the reasons for this, from heatwaves to competition from supermarkets, and what investors should make of it.
It’s then on to our Big Read on undervalued UK tech stars. Many of our home-grown companies have a lot to offer, but investors favour the US big names instead. Valeria Martinez and Mark Robinson look at the causes behind this, the “mindset gap”, and overlooked intellectual property.
Lastly, Julian Hofmann rejoins to unpack Watches of Switzerland (WOSG), which has taken a hit to margins thanks to tariffs. The retailer’s sales growth is ticking up, but the market still seems spooked. Mark and Julian discuss what issues are keeping investors cautious.
Timestamps
2:46 Greggs
9:25 Undervalued UK tech
15:54 Watches of Switzerland
Read more on these topics:
Star British tech stocks hiding in plain sight
Watches of Switzerland boosted by luxury jewellery but margin outlook disappoints
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