1. Homepage
  2. Equities
  3. Denmark
  4. Nasdaq Copenhagen
  5. Pandora A/S
  6. News
  7. Summary
    PNDORA   DK0060252690

PANDORA A/S

(PNDORA)
  Report
Delayed Quote. Delayed Nasdaq Copenhagen - 05/20 10:59:59 am
511 DKK   -0.54%
05/16Transactions in connection with share buyback programme
GL
05/11Trading in pandora a/s shares by board members, executives and associated persons
GL
05/10PANDORA A/S : Share buyback
CO
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Jeweller Pandora posts Q4 results above forecast

01/10/2022 | 05:33pm EDT
FILE PHOTO: The Pandora logo is seen in jewellery shop in downtown Rome

COPENHAGEN (Reuters) - Danish jewellery maker Pandora said on Monday preliminary results showed record sales in the fourth quarter, fuelled by a strong U.S. market.

Pandora, the world's largest jewellery maker by production capacity, said sales totalled 9.0 billion Danish crowns ($1.37 billion) in the fourth quarter, above the 8.4 billion expected by analysts in a poll gathered by the company.

Operating profit stood at 2.7 billion crowns between October and December, above the expected 2.5 billion.

Sales for the full year grew 23% to a record 23.4 billion.

"We are very pleased with the results in 2021," said Chief Executive Officer Alexander Lacik in a statement. "Pandora has returned to growth, and we deliver all time high revenue. It is encouraging that we see broad-based growth."

In the United States, its key market, organic sales grew 18% in the fourth quarter.

For the whole of 2021, organic sales grew 23% globally, compared with the 18-20% guided in November, when the company lifted full-year guidance for the third time.

A low single digit percentage of Pandora's more than 2,600 physical stores were temporarily closed during the fourth quarter due to coronavirus lockdown measures, it said.

"Furthermore, physical stores in a number of markets were negatively impacted by other restrictions, not least in China," the company said.

The company is due to publish a full set of results on Feb. 9.

($1 = 6.5667 Danish crowns)

(Reporting by Jacob Gronholt-Pedersen; Editing by Sandra Maler)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ON SEMICONDUCTOR CORPORATION 0.70% 56.46 Delayed Quote.-16.87%
PANDORA A/S -0.54% 511 Delayed Quote.-37.33%
All news about PANDORA A/S
05/16Transactions in connection with share buyback programme
GL
05/11Trading in pandora a/s shares by board members, executives and associated persons
GL
05/10PANDORA A/S : Share buyback
CO
05/09Transactions in connection with share buyback programme
GL
05/09Major shareholder announcement
GL
05/06PUMP / DUMP #30 : The week's gainers and losers
05/05Trading in pandora a/s shares by board members, executives and associated persons
GL
05/05Trading in pandora a/s shares by board members, executives and associated persons
AQ
05/04GLOBAL MARKETS LIVE : Airbnb, Pandora, Apple, Twitter, Meta...
05/04TRANSCRIPT : Pandora A/S, Q1 2022 Earnings Call, May 04, 2022
CI
More news
Analyst Recommendations on PANDORA A/S
More recommendations
Financials
Sales 2022 25 868 M 3 666 M 3 666 M
Net income 2022 4 951 M 702 M 702 M
Net Debt 2022 4 280 M 607 M 607 M
P/E ratio 2022 9,88x
Yield 2022 3,49%
Capitalization 47 904 M 6 790 M 6 790 M
EV / Sales 2022 2,02x
EV / Sales 2023 1,92x
Nbr of Employees 27 000
Free-Float 92,9%
Chart PANDORA A/S
Duration : Period :
Pandora A/S Technical Analysis Chart | PNDORA | DK0060252690 | MarketScreener
Technical analysis trends PANDORA A/S
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 511,00 DKK
Average target price 834,64 DKK
Spread / Average Target 63,3%
EPS Revisions
Managers and Directors
Alexander Lacik President & Chief Executive Officer
Anders Boyer-Søgaard Chief Financial Officer & Executive Vice President
Peter Arne Ruzicka Chairman
David Walmsley Chief Digital & Technology Officer
Thomas Touborg Chief Supply Officer & Senior VP-Group Operations