Financial highlights
Phoenix strategy highlights
2024 Guidance and current trading
Alexander Lacik, President and CEO of Pandora, says:
“Our strategy continues to take Pandora to new heights despite general consumer spending being somewhat sluggish. We have successfully started the journey to make Pandora known as a full jewellery brand, and our results show that consumers like what they see. Thanks to our strong performance, we are again raising revenue guidance for 2024 and look to the second half of the year with optimism.”
DKK million | Q2 2024 | Q2 2023 | H1 2024 | H1 2023 | FY 2023 | FY 2024 guidance |
Revenue | 6,771 | 5,894 | 13,605 | 11,745 | 28,136 | |
Organic growth | 15% | 5% | 16% | 3% | 8% | 9-12% |
Like-for-Like, % | 8% | 2% | 9% | 1% | 6% | |
Operating profit (EBIT) | 1,338 | 1,188 | 2,845 | 2,445 | 7,039 | |
EBIT margin, % | 19.8% | 20.2% | 20.9% | 20.8% | 25.0% | Around 25% |
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