Brief: Pandora Outlook FY Organic Growth 2-3%

Pandora A/S

04/11/2026 06:50

Nov 4 (Reuters) - Pandora A/S PNDORA.CO:
PANDORA OUTLOOK FY EBIT MARGIN 22.5-23%
PANDORA OUTLOOK FY ORGANIC GROWTH 2-3%
PANDORA Q3 EBIT DKK 1,064 MILLION VERSUS. ESTIMATE DKK 860 MILLION
PANDORA Q3 SALES DKK 6,694 MILLION VERSUS. ESTIMATE DKK 6,582 MILLION
PANDORA Q3 EBIT MARGIN 15.9%
OUTLOOK 2026: GUIDANCE FOR 2026 IS NARROWED TOWARDS UPPER END OF PREVIOUS RANGES TO 2-3% ORGANIC GROWTH (PREVIOUSLY 0-3%)
OUTLOOK 2026: AN EBIT MARGIN OF 22.5-23% (PREVIOUSLY 22-23%).
2027 EBIT MARGIN TARGET IS UPDATED TO 14-15% INCLUDING ONE-OFFS AND 15.5-16.5% EXCLUDING ONE-OFFS (PREV ABOVE 12% AND ABOVE 14%, RESPECTIVELY)
SIMILAR TO Q2, THE GROSS AND EBIT  MARGINS BENEFITTED FROM A ONE-OFF IMPACT OF 340BP AND 370BP RESPECTIVELY, REFLECTING ADDITIONAL ONE-OFF  INCOME RELATED TO PANDORA’S US IEEPA TARIFF CLAIM
ALL REGIONS DELIVERED POSITIVE LFL GROWTH IN Q3 2026
Source text: ID:nGNEbCVyYk
Further company coverage: PNDORA.CO

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