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Pandora A/S (PNDORA.CO)

PNDORA.CO on Copenhagen Stock Exchange

620.50DKK
18 Aug 2017
Change (% chg)

kr.-5.00 (-0.80%)
Prev Close
kr.625.50
Open
kr.623.00
Day's High
kr.637.50
Day's Low
kr.620.50
Volume
773,177
Avg. Vol
975,194
52-wk High
kr.937.50
52-wk Low
kr.599.00

Latest Key Developments (Source: Significant Developments)

Pandora chairman Peder Tuborgh buys shares worth 995,363 DKK
Wednesday, 9 Aug 2017 07:58am EDT 

Aug 9 (Reuters) - PANDORA SAYS:CHAIRMAN PEDER TUBORGH BUYS SHARES WORTH 995,363 DKK.  Full Article

Pandora CEO expects fourth quarter to be "very very strong"
Tuesday, 8 Aug 2017 05:38am EDT 

Aug 8 (Reuters) - Pandora CEO Anders Colding Friis made following comments during an call with investors::"We see that the fourth quarter is going to be very, very strong. Remember we had tailwind from acquisitions... So all in all we feel very comfortable with our guidance that we have".  Full Article

BRIEF-Jewellery maker Pandora Q2 profit lags forecast, keeps outlook
Tuesday, 8 Aug 2017 01:30am EDT 

Repeats to attach to additional alerts:Q2 REVENUE 4.825 MLN DKK VS 4,898 MLN SEEN IN REUTERS POLL.Q2 EBITDA 1.611 MLN DKK VS 1,738 MLN SEEN IN REUTERS POLL.Q2 NET PROFIT 1,095 MLN DKK VS 1,247 MLN SEEN IN REUTERS POLL.SAYS FINANCIAL GUIDANCE FOR FY 2017 IS MAINTAINED, INCLUDING EXPECTED REVENUE OF DKK 23-24 BILLION AND EBITDA MARGIN OF APPROXIMATELY 38%.SAYS THE US LIKE-FOR-LIKE SALES-OUT PERFORMANCE IN THE PANDORA OWNED CONCEPT STORES WAS 8% FOR THE QUARTER, DRIVEN BY A STRONG ESTORE PERFORMANCE.SAYS REVENUE FROM AMERICAS INCREASED 1% (-1% IN LOCAL CURRENCY).SAYS REVENUE IN THE US WAS POSITIVELY IMPACTED BY A ONE-OFF OF AROUND DKK 200 MILLION RELATED TO A REVERSAL OF SALES RETURN PROVISIONS.SAYS THE RETAIL ENVIRONMENT IN THE US REMAINED CHALLENGING IN Q2 2017, WITH GENERAL MALL TRAFFIC DOWN AROUND 5% FOR THE QUARTER.SAYS AS A FUTURE POTENTIAL FOR THE NEXT 3-5 YEARS, PANDORA HAS IDENTIFIED UP TO 100 NEW CONCEPT STORE LOCATIONS IN THE US.SAYS LIKE-FOR-LIKE SALES-OUT GROWTH FOR PANDORA OWNED CONCEPT STORES WAS 10%.CEO SAYS MARKETS LIKE CHINA, ITALY, UK, AND AUSTRALIA .CEO SAYS ADDED NET 70 NEW CONCEPT STORES DURING QUARTER.CEO SAYS CHALLENGES REMAIN ON U.S. MARKET.  Full Article

BRIEF-Jewellery maker Pandora Q2 profit lags forecast, keeps outlook
Tuesday, 8 Aug 2017 01:30am EDT 

Repeats to attach to additional alerts:Q2 REVENUE 4.825 MLN DKK VS 4,898 MLN SEEN IN REUTERS POLL.Q2 EBITDA 1.611 MLN DKK VS 1,738 MLN SEEN IN REUTERS POLL.Q2 NET PROFIT 1,095 MLN DKK VS 1,247 MLN SEEN IN REUTERS POLL.SAYS FINANCIAL GUIDANCE FOR FY 2017 IS MAINTAINED, INCLUDING EXPECTED REVENUE OF DKK 23-24 BILLION AND EBITDA MARGIN OF APPROXIMATELY 38%.SAYS THE US LIKE-FOR-LIKE SALES-OUT PERFORMANCE IN THE PANDORA OWNED CONCEPT STORES WAS 8% FOR THE QUARTER, DRIVEN BY A STRONG ESTORE PERFORMANCE.SAYS REVENUE FROM AMERICAS INCREASED 1% (-1% IN LOCAL CURRENCY).SAYS REVENUE IN THE US WAS POSITIVELY IMPACTED BY A ONE-OFF OF AROUND DKK 200 MILLION RELATED TO A REVERSAL OF SALES RETURN PROVISIONS.SAYS THE RETAIL ENVIRONMENT IN THE US REMAINED CHALLENGING IN Q2 2017, WITH GENERAL MALL TRAFFIC DOWN AROUND 5% FOR THE QUARTER.SAYS AS A FUTURE POTENTIAL FOR THE NEXT 3-5 YEARS, PANDORA HAS IDENTIFIED UP TO 100 NEW CONCEPT STORE LOCATIONS IN THE US.SAYS LIKE-FOR-LIKE SALES-OUT GROWTH FOR PANDORA OWNED CONCEPT STORES WAS 10%.CEO SAYS MARKETS LIKE CHINA, ITALY, UK, AND AUSTRALIA .CEO SAYS ADDED NET 70 NEW CONCEPT STORES DURING QUARTER.CEO SAYS CHALLENGES REMAIN ON U.S. MARKET.  Full Article

Jewellery maker Pandora Q2 profit lags forecast, keeps outlook
Tuesday, 8 Aug 2017 01:30am EDT 

Aug 8 (Reuters) - PANDORA ::Q2 REVENUE 4.825 MLN DKK VS 4,898 MLN SEEN IN REUTERS POLL.Q2 EBITDA 1.611 MLN DKK VS 1,738 MLN SEEN IN REUTERS POLL.Q2 NET PROFIT 1,095 MLN DKK VS 1,247 MLN SEEN IN REUTERS POLL.SAYS FINANCIAL GUIDANCE FOR FY 2017 IS MAINTAINED, INCLUDING EXPECTED REVENUE OF DKK 23-24 BILLION AND EBITDA MARGIN OF APPROXIMATELY 38%.SAYS THE US LIKE-FOR-LIKE SALES-OUT PERFORMANCE IN THE PANDORA OWNED CONCEPT STORES WAS 8% FOR THE QUARTER, DRIVEN BY A STRONG ESTORE PERFORMANCE.SAYS REVENUE FROM AMERICAS INCREASED 1% (-1% IN LOCAL CURRENCY).SAYS REVENUE IN THE US WAS POSITIVELY IMPACTED BY A ONE-OFF OF AROUND DKK 200 MILLION RELATED TO A REVERSAL OF SALES RETURN PROVISIONS.SAYS THE RETAIL ENVIRONMENT IN THE US REMAINED CHALLENGING IN Q2 2017, WITH GENERAL MALL TRAFFIC DOWN AROUND 5% FOR THE QUARTER.SAYS AS A FUTURE POTENTIAL FOR THE NEXT 3-5 YEARS, PANDORA HAS IDENTIFIED UP TO 100 NEW CONCEPT STORE LOCATIONS IN THE US.SAYS LIKE-FOR-LIKE SALES-OUT GROWTH FOR PANDORA OWNED CONCEPT STORES WAS 10%.CEO SAYS MARKETS LIKE CHINA, ITALY, UK, AND AUSTRALIA .CEO SAYS ADDED NET 70 NEW CONCEPT STORES DURING QUARTER.CEO SAYS CHALLENGES REMAIN ON U.S. MARKET.  Full Article

Pandora takes over distribution in Spain from City Time
Tuesday, 8 Aug 2017 01:25am EDT 

Aug 8 (Reuters) - PANDORA A/S :PANDORA TAKES OVER THE DISTRIBUTION IN SPAIN.SAYS HAS ENTERED INTO AN AGREEMENT TO ACQUIRE CITY TIME WHICH OWNS THE DISTRIBUTION RIGHTS TO PANDORA JEWELLERY IN SPAIN, GIBRALTAR AND ANDORRA."THE ACQUISITION IS IN LINE WITH OUR STRATEGIC INTENT TO TAKE OVER DISTRIBUTION AND ENABLES US TO GAIN FULL CONTROL OF THE NETWORK IN SPAIN AND REALIZE THE FULL POTENTIAL OF OUR BRAND IN THIS PROMISING MARKET," SAYS ANDERS COLDING FRIIS, CEO IN PANDORA.PANDORA WILL PAY THE OWNERS OF CITY TIME A TOTAL AMOUNT OF AROUND EUR 110 MILLION FOR 100 PCT OF THE SHARE CAPITAL IN CITY TIME.  Full Article

Jewellery maker Pandora expands alliance with Disney to Europe, Middle East and Asia
Friday, 7 Jul 2017 04:01am EDT 

July 7 (Reuters) - PANDORA A/S ::PANDORA EXPANDS STRATEGIC CORPORATE ALLIANCE WITH DISNEY<<>> TO EUROPE, MIDDLE EAST AND AFRICA.WITH THE EXPANSION PANDORA’S DISNEY INSPIRED JEWELLERY WILL SOON BE AVAILABLE TO CUSTOMERS IN ALMOST ALL OF PANDORA’S GLOBAL MARKETS.THE EXTENDED ALLIANCE WILL BEGIN IN OCTOBER 2017, WITH PANDORA LAUNCHING ITS DISNEY JEWELLERY COLLECTION INSPIRED BY DISNEY CHARACTERS, INCLUDING MICKEY AND MINNIE MOUSE AND DISNEY PRINCESSES.SAYS EXTENDED ALLIANCE WILL INITIALLY ADD AROUND 30 NEW PIECES OF JEWELLERY TO THE EXISTING ASSORTMENT.  Full Article

Pandora CEO expects no miraculous U.S. improvement in the quarters to come
Tuesday, 9 May 2017 05:53am EDT 

May 9 (Reuters) - Pandora :"The way we look at it is that we do not expect the U.S. market to miraculously improve over the next couple of quarters. I think that the environment we work in now is probably also going to be the environment for the quarters to come," CEO Anders Colding Friis told an investor call.Q1 revenue in the United States decreased by 7 percent, measured in Danish crowns and 10 percent in local currency hit by a challenging retail environment and a weak Valentines collection .Adjusted for one-offs, the U.S. revenue increased with single digit compared to Q1 2016.  Full Article

Jewellery maker Pandora Q1 core profit, sales beats forecast, maintains 2017 outlook
Tuesday, 9 May 2017 01:32am EDT 

May 9 (Reuters) - Pandora :Pandora reports 9 percent revenue growth and continued strong profitability.Q1 revenue 5,159 million DKK versus 5,086 million seen in Reuters poll (Q1 2016 4,740 million DKK).Q1 EBITDA 1,879 million DKK versus 1,779 million seen in Reuters poll (Q1 2016 1,760 million DKK).Says full-year guidance remains unchanged including group revenue of DKK 23-24 billion and EBITDA margin of approximately 38 percent.Says related to Q1 2017 results, Pandora will pay out a quarterly dividend of DKK 9 per share to shareholders (corresponding to DKK 1,006 million).CEO says retail climate in United States remains difficult, which was reflected in our performance in us for quarter.EBITDA margin is still expected to be significantly lower in the first half of 2017 compared with the second half.PANDORA plans to continue the expansion of the store network and expects to add more than 275 new concept stores in 2017 of which roughly 50 percent are expected to be opened in EMEA, 25 percent in Americas and 25 percent in Asia Pacific.  Full Article

Denmark's Pandora opens its first jewellery store in India
Friday, 21 Apr 2017 09:13am EDT 

April 21 (Reuters) - Danish jewellery maker Pandora A/S :Says opens new concept store in the 'Mall of India', in the Noida area of Delhi.Says it is the first of around 50 concept stores to be opened in India over a three year period.Says around five stores are scheduled to open in 2017.Announced in January it would enter India, one of the world's largest jewellery markets worth more than $40 billion a year and expected to grow 7 percent per year through 2021 nL5N1FH2WS.Shares fell more than 12 percent on Tuesday after a downgrade from Nordic broker Carnegie but recouped some of the losses on Thursday after the firm reassured markets by maintaining its 2017 outlook nL8N1HS1KZ.  Full Article

BRIEF-Pandora takes over distribution in Spain from City Time

* SAYS HAS ENTERED INTO AN AGREEMENT TO ACQUIRE CITY TIME WHICH OWNS THE DISTRIBUTION RIGHTS TO PANDORA JEWELLERY IN SPAIN, GIBRALTAR AND ANDORRA