INVESTOR
The world's largest jewellery brand with 19 billion Danish kroner in revenue and a retail network of around 2,700 stores
Investor
Pandora is a cross-generational brand with unmatched recognition that gives a voice to people’s loves.
All of our jewellery is crafted to the highest ethical and environmental standards at our state-of-the-art crafting facilities in Thailand and made to inspire women to collect, create and combine genuine jewellery at affordable prices.
With business fundamentals intact and by executing on our turnaround roadmap, Programme NOW, Pandora will return to sustainable growth and maintain industry-leading margins. A strong cash generation and an attractive cash return will remain.
COMPANY ANNOUNCEMENTS
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05-10-2021Transactions in connection with share buyback programmeOn 4 May 2021, Pandora announced a share buy-back programme, cf. Company announcement no. 622. The share buyback programme is executed in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation).
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05-04-2021Pandora Launches DKK 500 Million Share Buyback ProgrammeThe Board of Directors of Pandora has decided to launch a share buyback programme, under which Pandora will buy back own shares of a maximum consideration of DKK 500 million in the period from 5 May 2021 to 13 August 2021 at the latest, both days inclusive.
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05-04-2021Pandora embarks on new growth strategy - Strong Q1. Guidance for 2021 upgradedHighlights Pandora had a strong start to 2021. Despite 30% of the stores being closed in Q1 due to COVID-19, organic growth was -3% vs Q1 2019 where there was no COVID-19 impact (+13% vs Q1 2020) Online growth was 136% in Q1 2021 vs last year and more than 200% vs 2019 Stimulus packages in US
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05-03-2021Pandora Upgrades Financial Guidance for 2021Based on a strong start to 2021 and the updated forecast for the rest of the year, Pandora upgrades its financial guidance for 2021. Organic growth is increased to “Above 12%”, from “Above 8%”, and EBIT margin is increased to “Above 22%”, from “Above 21%”.
Contacts
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John BäckmanVice President, Investor Relations, Treasury & Tax
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Kristoffer Aas MalmgrenInvestor Relations Director
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Mikkel JohansenInvestor Relations Analyst