Danish jewelry group Pandora UK Outlet
The shares fell more than 4% on the Copenhagen Stock Exchange after the announcement of the quarterly.
Danish jewelry group Pandora www.ukoutletfirst.com said like-for-like sales fell 4% in the fourth quarter.
The turnover for the last quarter reached 7.95 billion Danish crowns, against 7.89 billion Danish crowns. Its EBIT margin increased to 35.3%, compared to 32% in the fourth quarter of 2018.
The company said growth momentum has improved significantly, with Italy, France and Germany recording positive sales on a like-for-like basis, and growth momentum has also improved in the United States and UK.
Pandora said it expects its growth performance to improve from -8% like-for-like in 2019 to negative ‘single-digit’ figures in 2020.
In its humble beginnings, Pandora was the affordable jewelery brand to look out for. As Pandora turns 20 this year, it’s now become one of the hugest jewelery brands of the millennium.
If you’re a Pandora novice, it’s never to late to start collecting; with a plethora of jewelery www.ukoutletfirst.com/pandora-bracelets-uk-p-2015206 and sparkling trinkets to choose from – there’s truly something for everyone.
In this article, we’ll mainly be looking at the range of wrist candy on offer. Whether it’s some new charms to add to your collection, or a sparkling gift set for someone special, we’ve found something for suitable for all budgets.
We’ve rounded up some of the best options below, that are well worth considering if you’re thinking about adding to your collection.