Pandora A/S (OTC) ( (PANDY) ) has released its Q4 earnings. Here is a breakdown of the information Pandora A/S (OTC) presented to its investors.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Pandora A/S (OTC) is a global leader in the accessible luxury jewelry market, recognized for offering meaningful jewelry pieces through a fully integrated, asset-light business model that drives strong margins and high returns. The company’s latest earnings report highlights a successful 2024, with a 13% increase in both revenue and EBIT, amounting to DKK 31.7 billion and DKK 8.0 billion respectively, and a record-high EPS growth of 17%. This growth was driven by organic expansion and strategic initiatives under its Phoenix strategy, aiming to position Pandora as a full jewelry brand. Key financial metrics showed strong performance, including a gross margin of 79.8% and an EBIT margin of 25.2%. The company also announced a proposed dividend and a new share buyback program. Looking forward, Pandora targets a 7-8% organic growth and an EBIT margin of 24.5% in 2025, despite expected headwinds from commodities and foreign exchange fluctuations. The company remains focused on executing its growth strategy while maintaining robust profitability.
