With a very young squad, the Swiss national team participated in the 2006 FIFA World Cup in Germany and were narrowly beaten by Ukraine in penalties. Switzerland co-hosted the UEFA Euro 2008 tournament together with Austria. They did not make further than the preliminary stage, although they did record one win against Portugal, a game in which Portugal played their B squad as they already secured the division. The best international result was probably in 1954 when Switzerland as the host reached the quarter-finals of the World Cup. They also reached the World Cup quarter-finals in 1934 as well as 1938.