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Pandora A/S (PNDORA.CO)

PNDORA.CO on Copenhagen Stock Exchange

625.50DKK
14 Dec 2017
Change (% chg)

kr.4.00 (+0.64%)
Prev Close
kr.621.50
Open
kr.625.00
Day's High
kr.639.50
Day's Low
kr.622.00
Volume
665,323
Avg. Vol
815,663
52-wk High
kr.937.50
52-wk Low
kr.540.50

Latest Key Developments (Source: Significant Developments)

BRIEF-Pandora CEO says 2017 sales to be hit by currency headwinds, US hurricanes
Tuesday, 7 Nov 2017 03:37am EST 

corrects period for US sales in 2nd bullet point to Jan-Sep from Q3:2017 SALES GUIDANCE SET AT LOWER END OF RANGE DUE TO CURRENCY HEADWINDS, IMPACT OF U.S. HURRICANES.U.S. SALES BETWEEN JANUARY AND SEPTEMBER LESS DRIVEN BY PROMOTIONAL ACTIVITY THAN IN JAN-SEP 2016.  Full Article

BRIEF-Jewellery maker Pandora sees 2017 revenue in low end of guided range
Tuesday, 7 Nov 2017 01:30am EST 

Repeats to cover additional alerts:PANDORA REPORTS 16% REVENUE GROWTH IN LOCAL CURRENCY AND 37.8% EBITDA MARGIN.Q3 REVENUE ‍5,194​ MILLION DKK VERSUS 5,127 MILLION SEEN IN REUTERS POLL.Q3 EBITDA ‍1,965​ MILLION DKK VERSUS 1,937 MILLION SEEN IN REUTERS POLL.SAYS ‍LIKE-FOR-LIKE SALES-OUT GROWTH FOR PANDORA OWNED CONCEPT STORES WAS 5%​.SAYS ‍REVENUE FROM AMERICAS INCREASED 1%​.SAYS ‍LIKE-FOR-LIKE SALES-OUT GROWTH IN US WAS 5%​.SAYS ‍EBITDA WAS DKK 1,965 MILLION IN Q3 2017 (Q3 2016: DKK 1,842 MILLION), CORRESPONDING TO AN EBITDA MARGIN OF 37.8%​.SAYS DECREASE IN EBITDA ‍WAS MAINLY DUE TO UNFAVORABLE CURRENCY FLUCTUATIONS AND HIGHER MARKETING EXPENSES.SAYS ‍FINANCIAL GUIDANCE FOR FY 2017 IS UNCHANGED, EVEN THOUGH FULL YEAR REVENUE IS EXPECTED IN LOW END OF EARLIER GUIDED RANGE OF DKK 23-24 BILLION​.CEO SAYS ‍RETAIL ENVIRONMENT IN US, COMBINED WITH CURRENCY HEADWIND FROM US DOLLAR, CONTINUED TO BE A CHALLENGE​.SAYS ‍PANDORA WILL PAY OUT A QUARTERLY DIVIDEND OF DKK 9 PER SHARE TO SHAREHOLDERS (CORRESPONDING TO DKK 1 BILLION)​.CEO SAYS ‍RESULTS IN Q3 WERE IN-LINE WITH OUR EXPECTATIONS, WITH UNDERLYING DEVELOPMENT SHOWING POSITIVES AS WELL AS NEGATIVES.CEO SAYS ‍​"IN THE AMERICAN MARKET, WE CAN STILL SEE MODERATE GROWTH, BUT WE CAN ALSO SEE HOW PANDORA'S ONLINE SALES IN THE USA ARE BEGINNING TO PICK UP SPEED".CEO SAYS AMERICAN RETAIL MARKET IS STILL UNDER PRESSURE.CEO SAYS HAS LAUNCHED CHRISTMAS COLLECTION IN THE USA EARLIER THIS YEAR TO GIVE CONSUMERS AN EXTRA MONTH TO PURCHASE THE PRODUCTS​​.  Full Article

Jewellery maker Pandora sees 2017 revenue in low end of guided range
Tuesday, 7 Nov 2017 01:30am EST 

Nov 7 (Reuters) - PANDORA : :PANDORA REPORTS 16% REVENUE GROWTH IN LOCAL CURRENCY AND 37.8% EBITDA MARGIN.Q3 REVENUE ‍5,194​ MILLION DKK VERSUS 5,127 MILLION SEEN IN REUTERS POLL.Q3 EBITDA ‍1,965​ MILLION DKK VERSUS 1,937 MILLION SEEN IN REUTERS POLL.SAYS ‍LIKE-FOR-LIKE SALES-OUT GROWTH FOR PANDORA OWNED CONCEPT STORES WAS 5%​.SAYS ‍REVENUE FROM AMERICAS INCREASED 1%​.SAYS ‍LIKE-FOR-LIKE SALES-OUT GROWTH IN US WAS 5%​.SAYS ‍EBITDA WAS DKK 1,965 MILLION IN Q3 2017 (Q3 2016: DKK 1,842 MILLION), CORRESPONDING TO AN EBITDA MARGIN OF 37.8%​.SAYS DECREASE IN EBITDA ‍WAS MAINLY DUE TO UNFAVORABLE CURRENCY FLUCTUATIONS AND HIGHER MARKETING EXPENSES.SAYS ‍FINANCIAL GUIDANCE FOR FY 2017 IS UNCHANGED, EVEN THOUGH FULL YEAR REVENUE IS EXPECTED IN LOW END OF EARLIER GUIDED RANGE OF DKK 23-24 BILLION​.CEO SAYS ‍RETAIL ENVIRONMENT IN US, COMBINED WITH CURRENCY HEADWIND FROM US DOLLAR, CONTINUED TO BE A CHALLENGE​.SAYS ‍PANDORA WILL PAY OUT A QUARTERLY DIVIDEND OF DKK 9 PER SHARE TO SHAREHOLDERS (CORRESPONDING TO DKK 1 BILLION)​.CEO SAYS ‍RESULTS IN Q3 WERE IN-LINE WITH OUR EXPECTATIONS, WITH UNDERLYING DEVELOPMENT SHOWING POSITIVES AS WELL AS NEGATIVES.CEO SAYS ‍​"IN THE AMERICAN MARKET, WE CAN STILL SEE MODERATE GROWTH, BUT WE CAN ALSO SEE HOW PANDORA'S ONLINE SALES IN THE USA ARE BEGINNING TO PICK UP SPEED".CEO SAYS AMERICAN RETAIL MARKET IS STILL UNDER PRESSURE.CEO SAYS HAS LAUNCHED CHRISTMAS COLLECTION IN THE USA EARLIER THIS YEAR TO GIVE CONSUMERS AN EXTRA MONTH TO PURCHASE THE PRODUCTS​​.  Full Article

Pandora says will buy back shares for up to DKK 1,800 mln from 7 February 2017 to 6 February 2018
Monday, 6 Nov 2017 11:05am EST 

Nov 6 (Reuters) - Pandora - :Transactions in connection with share buyback programme.Pandora - will buy back shares for an amount up to DKK 1,800 million in the period from 7 February 2017 to 6 February 2018.  Full Article

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

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