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Pandora A/S (PNDORA.CO)

PNDORA.CO on Copenhagen Stock Exchange

341.90DKK
10:59am EST
Change (% chg)

kr.-1.30 (-0.38%)
Prev Close
kr.343.20
Open
kr.340.00
Day's High
kr.343.20
Day's Low
kr.336.80
Volume
446,824
Avg. Vol
778,189
52-wk High
kr.706.40
52-wk Low
kr.319.00

Latest Key Developments (Source: Significant Developments)

Pandora Introduces Second New Bracelet Concept For 2018
Thursday, 4 Oct 2018 03:00am EDT 

Oct 4 (Reuters) - PANDORA A/S ::INTRODUCES SECOND NEW BRACELET CONCEPT FOR 2018.DURING 2018, PANDORA WILL LAUNCH AROUND 60 'REFLEXIONS' PRODUCTS, WHICH WILL BE AVAILABLE IN ALL CONCEPT STORES GLOBALLY AND ESTORE..  Full Article

Pandora Shares Jump On Report Of Possible Private Equity Takeover Bid
Tuesday, 18 Sep 2018 04:22am EDT 

Sept 18 (Reuters) - PANDORA A/S ::SHARES RISE 10% IN VOLUME SPIKE.SHARES RISE ON IL SOLE 24 ORE REPORT THAT PRIVATE EQUITY FUNDS ARE CONSIDERING POSSIBLE OFFER FOR CO - TRADER.SAYS HAS NO KNOWLEDGE OF ANY POTENTIAL PRIVATE EQUITY TAKEOVER BID.  Full Article

Pandora Takes Over Distribution In Taiwan
Wednesday, 29 Aug 2018 03:00am EDT 

Aug 29 (Reuters) - PANDORA A/S SAYS::TAKES OVER DISTRIBUTION IN TAIWAN.NOW HAS COMPLETE OWNERSHIP OF BRAND IN GREATER CHINA.HAS MADE AN AGREEMENT WITH CARRERA CORPORATION TO ACQUIRE ITS PANDORA STORE NETWORK IN TAIWAN ON 1 JANUARY 2019.WITH THE AGREEMENT, PANDORA WILL ADD FIVE CONCEPT STORES AND 14 SHOP-IN-SHOPS TO ITS RETAIL NETWORK. STORE STAFF OF AROUND 100 EMPLOYEES WILL ALSO TRANSFER TO PANDORA.  Full Article

Pandora Appoints Sid Keswani As President Of Its Americas Region
Monday, 6 Aug 2018 07:00am EDT 

Aug 6 (Reuters) - Pandora A/S ::APPOINTS SID KESWANI AS PRESIDENT OF THE AMERICAS.KESWANI JOINS PANDORA FROM A POSITION AS CEO OF FIESTA MART, A TEXAS BASED GROCERY STORE CHAIN.A KEY PRIORITY FOR SID KESWANI WILL BE TO WORK WITH FRANCHISEES AND PANDORA OWNED STORES TO ENSURE A SEAMLESS INTEGRATION TO THE SUCCESSFUL ESTORE, ESPECIALLY IN NORTH AMERICA.  Full Article

Pandora Says Lowering Of China Prices Will Not Have Significant Impact On EBITDA Margin
Thursday, 19 Jul 2018 05:01am EDT 

July 19 (Reuters) - Pandora A/S ::PANDORA SAYS LOWERING OF PRICES IN CHINA WILL NOT HAVE ANY SIGNIFICANT IMPACT ON EBITDA MARGIN.PANDORA EXPECTS LIMITED IMPACT ON REVENUE FROM LOWER CHINA PRICES AS THIS WILL BE OFFSET BY HIGHER VOLUMES AND DECREASE IN GREY MARKET TRADING.  Full Article

Pandora Announces Price Reductions In Chinese Market
Thursday, 19 Jul 2018 03:37am EDT 

July 19 (Reuters) - PANDORA A/S ::ANNOUNCES A RETAIL PRICE REDUCTION ACROSS MAJORITY OF ITS JEWELLERY ASSORTMENT WITHIN CHINESE MARKET.EFFECTIVE FROM JULY 19, 2018 REDUCTION IS ACROSS MAJORITY OF COMPANY'S JEWELLERY COLLECTIONS, WITH OVERALL ADJUSTMENT RANGE AT AROUND 15%.PRICE REDUCTION AIMS TO LIMIT RISE IN GREY MARKET TRADE, AS WELL AS BALANCE RETAIL PRICE DIFFERENCE IN MAINLAND CHINESE MARKET AND OTHER MARKETS.  Full Article

Pandora Takes Over Distribution In Ireland
Tuesday, 22 May 2018 08:25am EDT 

May 22 (Reuters) - Pandora A/S ::REG-PANDORA TAKES OVER DISTRIBUTION IN IRELAND.SAYS IT HAS MADE AN AGREEMENT WITH BJ FITZPATRICK HOLDINGS LTD. TO ACQUIRE ITS PANDORA STORE NETWORK IN IRELAND ON 1 JUNE 2018.SAYS WITH AGREEMENT, PANDORA WILL ADD TO ITS RETAIL CHAIN 24 PANDORA OWNED CONCEPT STORES AND ONE SHOP-IN-SHOP IN IRELAND.SAYS FURTHERMORE, PANDORA WILL TAKE OVER DISTRIBUTION TO FIVE FRANCHISEE CONCEPT STORES AND 10 SHOP-IN-SHOPS, MAINLY IN NORTHERN IRELAND.SAYS WILL PAY A TOTAL AMOUNT OF EUR 23 MILLION (APPROXIMATELY DKK 171 MILLION) TO BJ FITZPATRICK GROUP.  Full Article

Pandora Q1 Ebitda Below Expectations; Keeps 2018 Guidance Unchanged
Tuesday, 15 May 2018 01:30am EDT 

May 15 (Reuters) - PANDORA A/S SAYS::FINANCIAL GUIDANCE FOR 2018 IS UNCHANGED.Q1 REVENUE 5,115 MILLION DKK VERSUS 5,221 MILLION SEEN IN REUTERS POLL.Q1 EBITDA 1,667 MILLION DKK VERSUS 1,754 MILLION SEEN IN REUTERS POLL.CEO SAYS AS ANTICIPATED, SALES GROWTH HAS STARTED AT A MODERATE PACE, AND IS EXPECTED TO IMPROVE AS WE GRADUALLY INTRODUCE MORE NEWNESS IN OUR PRODUCT ASSORTMENT THROUGHOUT YEAR.SAYS GROWTH IN CHINA EXPERIENCED A SLOWDOWN IN THE QUARTER AND ACTIONS ARE BEING TAKEN TO REVERT THE DEVELOPMENT.SAYS U.S. MARKET CONTINUES TO BE IMPACTED BY A LACK OF PRODUCT NEWNESS IN STORES; THE PHYSICAL NETWORK EXPERIENCED A NEGATIVE LIKE-FOR-LIKE PERFORMANCE.SAYS THE UK REMAINS A CHALLENGING RETAIL ENVIRONMENT.IN Q1 2018, PANDORA RETURNED DKK 1,220 MILLION TO SHAREHOLDERS THROUGH ORDINARY DIVIDEND OF DKK 9 PER SHARE (DKK 987 MILLION) AND SHARE BUYBACK OF DKK 233 MILLION.CEO SAYS REVENUE FROM OWNED RETAIL GREW 32% AND NOW REPRESENTS MORE THAN 50% OF GROUP REVENUE, PROVIDING US WITH GREATER CONTROL OVER BRAND.CEO SAYS WE ARE ALSO PLEASED WITH POSITIVE RECEPTION OF OUR NEW SPRING COLLECTION, INCLUDING PANDORA SHINE.SAYS LIKE-FOR-LIKE SALES-OUT GROWTH IN US WAS 9%.SAYS LIKE-FOR-LIKE SALES-OUT GROWTH FOR PANDORA OWNED CONCEPT STORES WAS 0%.  Full Article

AQR cuts Pandora short position to 1.35 pct from 1.47 pct
Friday, 9 Mar 2018 09:00am EST 

March 9 (Reuters) - Pandora A/S ::AQR CAPITAL MANAGEMENT LOWERS SHORT POSITION IN PANDORA TO 1.35 PERCENT FROM 1.47 PERCENT.  Full Article

Pandora Expects ‍Group EBITDA Margin In Period 2018-2022 To Be Around 35%​
Thursday, 11 Jan 2018 02:34am EST 

Jan 11 (Reuters) - PANDORA ::PRESENTS 2022 STRATEGY AT CAPITAL MARKETS DAY.- AMBITION TO INCREASE REVENUE ANNUALLY IN PERIOD 2018-2022 WITH 7-10% IN LOCAL CURRENCY.- MAINTAINING A SOLID EBITDA MARGIN OF AROUND 35% BEGINNING FROM 2018.- WILL SIGNIFICANTLY GROW RINGS, EARRINGS AND NECKLACES & PENDANTS AND AIMS TO GENERATE AROUND 50% OF REVENUE FROM THOSE CATEGORIES BY 2022.- EXPECTS TO ADD AROUND NET 200 CONCEPT STORES ANNUALLY IN 2018-2022.SAYS ‍CAPEX , IN PERIOD 2018-2022, AS A PERCENTAGE OF ANNUAL REVENUE IS EXPECTED TO BE AROUND 5%​.TO ‍SPEND MORE THAN DKK 2.5 BILLION ON MARKETING, CORRESPONDING TO AROUND 8% OF REVENUE.​.‍GROUP REVENUE , IN PERIOD 2018-2022, IS EXPECTED TO INCREASE ANNUALLY WITH 7-10% IN LOCAL CURRENCY​.SAYS ‍GROUP EBITDA MARGIN, IN PERIOD 2018-2022, IS EXPECTED TO BE AROUND 35%​.  Full Article