• (PLX AI) – Pandora Q1 sales DKK 5,689 million vs. estimate DKK 5,183 million.
  • • Q1 EBIT DKK 1,310 million vs. estimate DKK 1,127 million
  • • Q1 organic growth 21% vs. estimate 11%
  • • Q1 EBIT margin 23%
  • • Outlook FY organic growth 4-6%, up from 3-6% previously
  • • Outlook FY EBIT margin 25-25.5% (unchanged)
  • • US grew 7% (62% vs Q1 2019) – strategy on plan with acquisition of 32 franchise stores mainly located on the West coast of US as wells as entering new partnership with Macy’s
  • • Strong performance across key European markets, all delivering double digit positive organic growth vs 2019
  • • Online also continued the strong performance with organic growth up 155% vs Q1 2019 (down -17% vs Q1 2021 due to COVID-19 store closures last year)

Quelle: PLX AI