Brief: Pandora Q1 EBIT At DKK 1.49 Billion, Above Estimate

Pandora A/S

06/05/2026 06:44

May 6 (Reuters) - Pandora A/S PNDORA.CO:

OUTLOOK FY ORGANIC GROWTH -1 TO 2%

OUTLOOK FY EBIT MARGIN 21-22%

Q1 EBIT MARGIN 20.9% VS. ESTIMATE 18.1%

Q1 SALES DKK 7,109 MILLION VS. ESTIMATE DKK 7,089 MILLION

Q1 EBIT DKK 1,487 MILLION VS. ESTIMATE DKK 1,281 MILLION

OUTLOOK: CURRENT TRADING IN Q2 2026 SHOWS AROUND FLAT LFL GROWTH

OUTLOOK: CO REMAINS MINDFUL OF GEOPOLITICAL ENVIRONMENT AND ELEVATED ECONOMIC UNCERTAINTY

Q1 2026 GROSS MARGIN ENDED AT 79.5%, DOWN 90BP Y/Y, WITH EFFICIENCIES  OTHER OFFSETTING MATERIAL PART OF EXTERNAL HEADWINDS RELATED TO TARIFFS, COMMODITIES AND FOREIGN EXCHANGE

Q1 2026 ORGANIC GROWTH OF 2%, COMPRISING OF LFL GROWTH AT 0% AND NETWORK EXPANSION  OTHER AT 2%. PROFITABILITY REMAINED SOLID DESPITE SIGNIFICANT EXTERNAL HEADWINDS.

Q1 2026 ORGANIC GROWTH 2%, LIKE-FOR-LIKE GROWTH 0%

AS OF Q1 2026, CO HAS FILED CLAIM FOR REIMBURSEMENT RELATED TO TARIFFS PAID UNDER THE INTERNATIONAL EMERGENCY ECONOMIC POWERS ACT (IEEPA) IN U.S.

Source text: ID:nGNE6ps28r

Further company coverage: PNDORA.CO

 (Gdansk Newsroom)

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