| 17.06.1954 | Lausanne | La Pontaise | 40 500 |
|
Switzerland | 2:1(1:1) | Italy | |
| Parlier Eugene, Neury Andre, Bocquet Roger(c), Kernen William, Fluckiger Marcel, Casali Charles, Volanthen Roger, Meier Eugen, Ballaman Robert, Hogi Josef, Fatton Jacques | Ghezzi Giorgio, Vincenzi Guido, Giacomazzi Giovanni, Neri Maino, Tognon Omero, Nesti Fulvio, Muccinelli Ermes, Boniperti Giampiero(c), Galli Carlo, Pandolfini Egisto, Lorenzi Benito |
| Coach:Karl Rappan | Lajos Czeizler |
| Scorers:18' Ballaman Robert, 79' Hogi Josef | 44' Boniperti Giampiero |
| Referee:Mário Vianna (BRA) | Assistant referee:Manuel Asensi (ESP), Esteban Marino (URU) |
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