View Future GrowthPandora 過去の業績過去 基準チェック /26Pandoraは、平均年間7.3%の収益成長を遂げていますが、 Luxury業界の収益は、年間 成長しています。収益は、平均年間23.7% 9.2%収益成長率で 成長しています。 Pandoraの自己資本利益率は126.4%であり、純利益率は15.7%です。主要情報7.29%収益成長率13.17%EPS成長率Luxury 業界の成長7.70%収益成長率9.21%株主資本利益率126.42%ネット・マージン15.73%次回の業績アップデート13 Aug 2026最近の業績更新Reported Earnings • May 06First quarter 2026 earnings released: EPS: kr.12.60 (vs kr.14.00 in 1Q 2025)First quarter 2026 results: EPS: kr.12.60 (down from kr.14.00 in 1Q 2025). Revenue: kr.7.11b (down 3.2% from 1Q 2025). Net income: kr.942.0m (down 14% from 1Q 2025). Profit margin: 13% (down from 15% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe.Reported Earnings • Feb 05Full year 2025 earnings released: EPS: kr.68.10 (vs kr.64.85 in FY 2024)Full year 2025 results: EPS: kr.68.10 (up from kr.64.85 in FY 2024). Revenue: kr.32.5b (up 2.7% from FY 2024). Net income: kr.5.24b (flat on FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe.お知らせ • Nov 08+ 2 more updatesPandora A/S to Report Q1, 2026 Results on May 06, 2026Pandora A/S announced that they will report Q1, 2026 results on May 06, 2026Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: kr.6.30 (vs kr.7.30 in 3Q 2024)Third quarter 2025 results: EPS: kr.6.30 (down from kr.7.30 in 3Q 2024). Revenue: kr.6.27b (up 2.7% from 3Q 2024). Net income: kr.489.0m (down 18% from 3Q 2024). Profit margin: 7.8% (down from 9.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in Europe.お知らせ • Nov 07+ 2 more updatesPandora A/S to Report Q3, 2025 Results on Nov 05, 2025Pandora A/S announced that they will report Q3, 2025 results on Nov 05, 2025お知らせ • Aug 22Pandora A/S to Report Fiscal Year 2024 Results on Feb 05, 2025Pandora A/S announced that they will report fiscal year 2024 results on Feb 05, 2025すべての更新を表示Recent updatesお知らせ • May 08Pandora A/S Reaffirms Earnings Guidance for Fiscal Year 2026Pandora A/S reaffirmed earnings guidance for fiscal year 2026. For the year, the company expected EBIT margin of 21% to 22%.Reported Earnings • May 06First quarter 2026 earnings released: EPS: kr.12.60 (vs kr.14.00 in 1Q 2025)First quarter 2026 results: EPS: kr.12.60 (down from kr.14.00 in 1Q 2025). Revenue: kr.7.11b (down 3.2% from 1Q 2025). Net income: kr.942.0m (down 14% from 1Q 2025). Profit margin: 13% (down from 15% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe.Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Lars Sorensen was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Mar 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 4.4% per year for the foreseeable future. Minor Risks High level of debt (152% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.4% average weekly change).お知らせ • Mar 11+ 1 more updatePandora A/S Approves Dividend for 2025Pandora A/S, at the AGM held on 11 March 2026 approved a dividend of DKK 22.00 per share of DKK 1 be paid on the profit for the year 2025.Upcoming Dividend • Mar 05Upcoming dividend of kr.22.00 per shareEligible shareholders must have bought the stock before 12 March 2026. Payment date: 16 March 2026. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.7%).お知らせ • Feb 24Pandora A/S Appoints David Boynton as Managing Director of Northern EuropePandora A/S has named David Boynton as its new managing director of Northern Europe. The appointment marks a return to an executive role for Boynton, who had previously served as chief executive officer of The Body Shop for over five years. Boynton has also been at the helm of Charles Tyrwhitt, cosmetics brand L’Occitane and Hong Kong-based AS Watson. Since June 2023, Boynton had been operating under his advisory business, Boynton Advisory Limited, through which he served as a board level advisor to start-ups and high-growth companies. He announced his latest appointment on LinkedIn, where he said it felt like the right time to return to an executive role after a period of working as an advisor and non-executive director.Declared Dividend • Feb 09Dividend increased to kr.22.00Dividend of kr.22.00 is 10% higher than last year. Ex-date: 12th March 2026 Payment date: 16th March 2026 Dividend yield will be 29%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 6.5% over the next 3 years. However, it would need to fall by 64% to increase the payout ratio to a potentially unsustainable range.お知らせ • Feb 07+ 1 more updatePandora A/S Provides Earnings Guidance for 2026Pandora A/S provided earnings guidance for 2026. For the period, the company expects organic revenue growth of -1% to +2% and EBIT margin of 21% to 22%.お知らせ • Feb 06+ 1 more updatePandora A/S Proposes Dividend for 2024Pandora A/S proposed that a dividend of DKK 22.00 per share of DKK 1 be paid according to the Annual Report 2025.Reported Earnings • Feb 05Full year 2025 earnings released: EPS: kr.68.10 (vs kr.64.85 in FY 2024)Full year 2025 results: EPS: kr.68.10 (up from kr.64.85 in FY 2024). Revenue: kr.32.5b (up 2.7% from FY 2024). Net income: kr.5.24b (flat on FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe.New Risk • Jan 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.05% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.05% per year for the foreseeable future. Minor Risks High level of debt (395% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€2.5m sold).New Risk • Jan 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risks High level of debt (395% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€2.5m sold).Valuation Update With 7 Day Price Move • Jan 10Investor sentiment deteriorates as stock falls 14%After last week's 14% share price decline to €80.18, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Luxury industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €136 per share.New Risk • Jan 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risks High level of debt (395% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€2.5m sold).お知らせ • Jan 09Pandora A/S Provides Earnings Guidance for 2025Pandora A/S provided earnings guidance for 2025. For the quarter, EBIT margin is expected to land at around 33.5%, reflecting the strong gross margin and good cost control. For the year the company expects EBIT to land around DKK 7.8 billion. Group EBIT margin for 2025 is expected to be in line with guidance of around 24%.Recent Insider Transactions • Dec 05President & CEO recently sold €2.5m worth of stockOn the 3rd of December, Alexander Lacik sold around 25k shares on-market at roughly €100 per share. This transaction amounted to 9.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Alexander's only on-market trade for the last 12 months.お知らせ • Nov 08+ 2 more updatesPandora A/S to Report Q1, 2026 Results on May 06, 2026Pandora A/S announced that they will report Q1, 2026 results on May 06, 2026Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: kr.6.30 (vs kr.7.30 in 3Q 2024)Third quarter 2025 results: EPS: kr.6.30 (down from kr.7.30 in 3Q 2024). Revenue: kr.6.27b (up 2.7% from 3Q 2024). Net income: kr.489.0m (down 18% from 3Q 2024). Profit margin: 7.8% (down from 9.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in Europe.お知らせ • Nov 05Pandora A/S Maintains Earnings Guidance for the Year 2025Pandora A/S maintained earnings guidance for the year 2025. The company maintains guidance for 2025 of “7-8% organic growth”. The EBIT margin guidance for 2025 is also maintained at “around 24%”.お知らせ • Oct 02+ 1 more updatePandora A/S Announces Change of PresidentPandora announced that Alexander Lacik has decided to retire at the next annual general meeting on March 11, 2026 after almost seven years as President of Pandora. He will hand over to Chief Marketing Officer (CMO) Berta de Pablos-Barbier who will become the new President. She will lead the company’s continued strategic evolution as a full jewellery brand, building on the strong results during Alexander Lacik’s tenure. Berta de Pablos-Barbier joined Pandora as CMO and member of Pandora’s Executive Leadership Team in November 2024. As CMO, she has successfully led the strategic positioning of Pandora as a full jewellery brand, the key lever in the company’s growth strategy, Phoenix. Brand awareness has reached an all-time high, and the company’s product assortment and marketing mix have been infused with new innovations. Berta de Pablos-Barbier is a Spanish national with 30 years of international executive experience from global luxury and consumer goods brands. Before joining Pandora, she served as President & CEO of LVMH’s champagne brands Moët & Chandon, Dom Perignon and Mercier, and prior to that she was the Chief Growth Officer of Mars Wrigley, CMO of Lacoste, and VP of Marketing & Communications at Kering-owned jeweller Boucheron. The appointment of Berta de Pablos-Barbier follows a diligent global search process as part of the Board of Directors’ long-term succession planning. Since joining Pandora as President and CEO in April 2019, Alexander Lacik has led a successful turnaround and launched the Phoenix strategy to transform Pandora into a full jewellery brand. Under his leadership, revenue has grown by 45%, and the global workforce has expanded from 24,000 to 37,000. Pandora has emerged as a digital leader in consumer brands and is now ranked among the world’s 100 most valuable brands and 50 most sustainable companies. Berta de Pablos-Barbier resume: Pandora, Chief Marketing Officer from 2024; Moët & Chandon, President and CEO from 2020-2024; Mars, Chief Growth Officer from 2015-2020; Lacoste, Chief Marketing Officer from 2012-2015; Boucheron, VP, Global Marketing & Communications from 2008-2011.お知らせ • Nov 07+ 2 more updatesPandora A/S to Report Q3, 2025 Results on Nov 05, 2025Pandora A/S announced that they will report Q3, 2025 results on Nov 05, 2025お知らせ • Aug 22Pandora A/S to Report Fiscal Year 2024 Results on Feb 05, 2025Pandora A/S announced that they will report fiscal year 2024 results on Feb 05, 2025お知らせ • Aug 13Pandora A/S Revises Earnings Guidance for the Year 2024Pandora A/S revised earnings guidance for the year 2024. The company announced that Reflecting the solid performance YTD, the organic growth guidance range is updated to “9% to 12%” (previously 8% to 10%).お知らせ • Mar 16Pandora A/S Approves Dividend for the Year 2023Pandora A/S announced that at its AGM held on March 14, 2024, shareholders approved the Board’s proposal that a dividend of DKK 18.00 per share of DKK 1 be paid on the profit for the year available for distribution according to the Annual Report 2023 was adopted.お知らせ • Feb 07+ 1 more updatePandora A/S Provides Earnings Guidance for the Year 2024Pandora A/S provided earnings guidance for the year 2024. The company targeted another year of solid growth whilst remaining mindful of the macroeconomic climate. Initial guidance for 2024 is “6-9%” organic growth and an EBIT margin “around 25%”.お知らせ • Nov 09Pandora A/S Revises Earnings Guidance for the Year 2023Pandora A/S revised earnings guidance for the year 2023. For the year 2023, the company expects the organic growth guidance range is upgraded to "+5% to +6%" (previously +2% to +5%). The EBIT guidance remains unchanged at "around 25%".お知らせ • Nov 08+ 3 more updatesPandora A/S to Report Q2, 2024 Results on Aug 13, 2024Pandora A/S announced that they will report Q2, 2024 results on Aug 13, 2024お知らせ • Aug 30Pandora, Reveals Expansion of Pandora Lab-Grown Diamonds with Three New CollectionsPandora, reveals the expansion of Pandora Lab-Grown Diamonds with three new collections. Re-writing the rules of diamond jewelry, Pandora continues its journey of democratizing diamonds and celebrating their power as vehicles for love, joy, and personal expression – bringing their sparkle to more wearing occasions and more people. Pandora Nova introduces a distinct, four-prong setting that reveals more of the diamond, so each round brilliant or princess cut stone can capture the light with more dimension, brilliance and warmth, as if floating in mid-air – like the 1 carat 14K gold and lab-grown diamond ring ($1,850). Pandora Era reimagines classic bezel and prong settings with a unique Pandora take. A pinnacle of this collection are the 14k gold trilogy pendant ($1,200) and bracelet ($990), which showcase three bezel-set stones in a row for quiet impact. PandoraTalisman features five pendant designs ($390-$990) – each a symbol like a heart or star that is also the lab-grown diamond's setting. The pendants offer an elevated take on beloved Pandora charms, crafted with 14k gold with a 0.25 or 0.75 round brilliant-cut lab-grown diamond at the center.お知らせ • Aug 17Pandora A/S Revises Earnings Guidance for the Year 2023Pandora A/S revised earnings guidance for the year 2023. The company announced that Reflecting the solid performance YTD, the organic growth guidance range is updated to “+2% to +5%” (previously -2% to +3%).お知らせ • Aug 16Pandora A/S to Report Fiscal Year 2023 Results on Feb 07, 2024Pandora A/S announced that they will report fiscal year 2023 results on Feb 07, 2024お知らせ • Feb 18Pandora A/S Announces Resignation of Heine Dalsgaard from the Board of DirectorsPandora A/S announced that Heine Dalsgaard has decided not to seek re-election as director at the Annual General Meeting held to be on March 16, 2023.お知らせ • Feb 09+ 1 more updatePandora A/S (CPSE:PNDORA) announces an Equity Buyback for DKK 2,400 million worth of its shares.Pandora A/S (CPSE:PNDORA) announces a share repurchase program. Under the program, the company will repurchase up to DKK 2,400 million worth of its shares, representing 10% of its nominal share capital. The purchase price paid in connection with acquisition of treasury shares must not diverge from the price quoted on Nasdaq Copenhagen at the time of acquisition by more than 10%. The purpose of the program is to reduce the company's share capital and to meet obligations arising from company incentive programs. The plan will expire on June 30, 2023.お知らせ • Feb 08Pandora A/S Proposes Dividend for the Year 2022Pandora A/S proposed dividend of DKK 16 per share for the year 2022.お知らせ • Jan 11Heine Dalsgaard Not to Stand for Re-Election from the Board of Pandora A/SPandora A/S announced that due to recent changes in his executive commitments, Heine Dalsgaard has decided not to seek re-election to company's Board at the Annual General Meeting in March 2023. Heine Dalsgaard joined Pandora’s Board in March 2021.お知らせ • Nov 09+ 3 more updatesPandora A/S to Report Q3, 2023 Results on Nov 08, 2023Pandora A/S announced that they will report Q3, 2023 results on Nov 08, 2023お知らせ • Nov 08+ 1 more updatePandora A/S Announces Earnings Guidance for the Full Year of 2022Pandora A/S announced earnings guidance for the full year of 2022. The company confirms the guidance for 2022 of 4-6% organic growth and 25.0-25.5% EBIT margin.お知らせ • Jun 22Pandora A/S (CPSE:PNDORA) agreed to acquire 34 franchise stores in Portugal from VisAo Do Tempo Ii - DistribuiCAo, S.A.Pandora A/S (CPSE:PNDORA) agreed to acquire 34 franchise stores in Portugal from VisAo Do Tempo Ii - DistribuiCAo, S.A. on June 21, 2022. In 2021, the 34 stores stores generated revenue of €24 million. The deal is expected to close on July 20, 2022.Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €70.84, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Luxury industry in Europe.Reported Earnings • May 05First quarter 2022 earnings released: EPS: kr.10.50 (vs kr.6.30 in 1Q 2021)First quarter 2022 results: EPS: kr.10.50 (up from kr.6.30 in 1Q 2021). Revenue: kr.5.69b (up 26% from 1Q 2021). Net income: kr.995.0m (up 58% from 1Q 2021). Profit margin: 18% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.7%, compared to a 13% growth forecast for the industry in Germany.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jan Zijderveld was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €76.08, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Luxury industry in Europe. Total returns to shareholders of 95% over the past three years.Upcoming Dividend • Mar 04Upcoming dividend of kr.16.00 per shareEligible shareholders must have bought the stock before 11 March 2022. Payment date: 15 March 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.5%).Reported Earnings • Feb 10Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr.42.10 (up from kr.19.97 in FY 2020). Revenue: kr.23.4b (up 23% from FY 2020). Net income: kr.4.16b (up 115% from FY 2020). Profit margin: 18% (up from 10% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 6.0%, compared to a 5.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.お知らせ • Feb 10+ 1 more updatePandora A/S Revises Earnings Guidance for the Year 2023Pandora A/S revised earnings guidance for the year 2023. The company raised the absolute revenue target for 2023 to between DKK 27 billion and DKK 28.1 billion. The company will be approaching DKK 60 earnings per share in 2023.Board Change • Nov 19High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jan Zijderveld was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.収支内訳Pandora の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史XTRA:3P7 収益、費用、利益 ( )DKK Millions日付収益収益G+A経費研究開発費31 Mar 2632,3115,08217,858031 Dec 2532,5495,24117,964030 Sep 2532,6645,26218,081030 Jun 2532,4965,36717,897031 Mar 2532,1935,36317,668031 Dec 2431,6805,22717,315030 Sep 2430,5274,88816,818030 Jun 2429,9964,83716,397031 Mar 2429,1204,81615,723031 Dec 2328,1364,74015,086030 Sep 2327,1724,57614,486030 Jun 2326,8644,76714,060031 Mar 2326,6244,92313,713031 Dec 2226,4635,02913,447030 Sep 2225,6184,56713,343030 Jun 2225,0834,46812,857031 Mar 2224,5834,52712,404031 Dec 2123,3944,16012,021030 Sep 2122,2744,05010,583030 Jun 2121,6163,75810,762031 Mar 2119,3372,59010,842031 Dec 2019,0091,93810,803030 Sep 2019,0741,88511,479030 Jun 2019,4191,42311,306031 Mar 2021,2362,12411,104031 Dec 1921,8682,94511,075030 Sep 1921,8023,09510,934030 Jun 1922,3694,16510,762031 Mar 1922,4954,68310,639031 Dec 1822,8065,04510,511030 Sep 1822,5195,10010,160030 Jun 1822,7315,5159,807031 Mar 1822,7375,5669,552031 Dec 1722,7815,7689,182030 Sep 1721,7805,9158,646030 Jun 1721,1985,9548,338031 Mar 1720,7006,0807,990031 Dec 1620,2816,0257,816030 Sep 1619,3605,3077,592030 Jun 1618,6594,9087,401031 Mar 1617,9304,5976,970031 Dec 1516,7373,6746,363030 Sep 1515,0173,3065,546030 Jun 1513,9513,0255,0280質の高い収益: 3P7は 高品質の収益 を持っています。利益率の向上: 3P7の現在の純利益率 (15.7%)は、昨年(16.7%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 3P7の収益は過去 5 年間で年間7.3%増加しました。成長の加速: 3P7は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 3P7は過去 1 年間で収益成長率がマイナス ( -5.2% ) となったため、 Luxury業界平均 ( 20% ) と比較することが困難です。株主資本利益率高いROE: 3P7の 自己資本利益率 ( 126.42% ) は 抜群 ですが、負債レベルが高いためこの指標は歪んでいます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YConsumer-durables 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 13:45終値2026/05/25 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Pandora A/S 18 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。34 アナリスト機関null nullABG Sundal CollierMariana Horn UribeBerenbergLuca SolcaBernstein31 その他のアナリストを表示
Reported Earnings • May 06First quarter 2026 earnings released: EPS: kr.12.60 (vs kr.14.00 in 1Q 2025)First quarter 2026 results: EPS: kr.12.60 (down from kr.14.00 in 1Q 2025). Revenue: kr.7.11b (down 3.2% from 1Q 2025). Net income: kr.942.0m (down 14% from 1Q 2025). Profit margin: 13% (down from 15% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe.
Reported Earnings • Feb 05Full year 2025 earnings released: EPS: kr.68.10 (vs kr.64.85 in FY 2024)Full year 2025 results: EPS: kr.68.10 (up from kr.64.85 in FY 2024). Revenue: kr.32.5b (up 2.7% from FY 2024). Net income: kr.5.24b (flat on FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe.
お知らせ • Nov 08+ 2 more updatesPandora A/S to Report Q1, 2026 Results on May 06, 2026Pandora A/S announced that they will report Q1, 2026 results on May 06, 2026
Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: kr.6.30 (vs kr.7.30 in 3Q 2024)Third quarter 2025 results: EPS: kr.6.30 (down from kr.7.30 in 3Q 2024). Revenue: kr.6.27b (up 2.7% from 3Q 2024). Net income: kr.489.0m (down 18% from 3Q 2024). Profit margin: 7.8% (down from 9.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in Europe.
お知らせ • Nov 07+ 2 more updatesPandora A/S to Report Q3, 2025 Results on Nov 05, 2025Pandora A/S announced that they will report Q3, 2025 results on Nov 05, 2025
お知らせ • Aug 22Pandora A/S to Report Fiscal Year 2024 Results on Feb 05, 2025Pandora A/S announced that they will report fiscal year 2024 results on Feb 05, 2025
お知らせ • May 08Pandora A/S Reaffirms Earnings Guidance for Fiscal Year 2026Pandora A/S reaffirmed earnings guidance for fiscal year 2026. For the year, the company expected EBIT margin of 21% to 22%.
Reported Earnings • May 06First quarter 2026 earnings released: EPS: kr.12.60 (vs kr.14.00 in 1Q 2025)First quarter 2026 results: EPS: kr.12.60 (down from kr.14.00 in 1Q 2025). Revenue: kr.7.11b (down 3.2% from 1Q 2025). Net income: kr.942.0m (down 14% from 1Q 2025). Profit margin: 13% (down from 15% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe.
Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Lars Sorensen was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Mar 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 4.4% per year for the foreseeable future. Minor Risks High level of debt (152% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.4% average weekly change).
お知らせ • Mar 11+ 1 more updatePandora A/S Approves Dividend for 2025Pandora A/S, at the AGM held on 11 March 2026 approved a dividend of DKK 22.00 per share of DKK 1 be paid on the profit for the year 2025.
Upcoming Dividend • Mar 05Upcoming dividend of kr.22.00 per shareEligible shareholders must have bought the stock before 12 March 2026. Payment date: 16 March 2026. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.7%).
お知らせ • Feb 24Pandora A/S Appoints David Boynton as Managing Director of Northern EuropePandora A/S has named David Boynton as its new managing director of Northern Europe. The appointment marks a return to an executive role for Boynton, who had previously served as chief executive officer of The Body Shop for over five years. Boynton has also been at the helm of Charles Tyrwhitt, cosmetics brand L’Occitane and Hong Kong-based AS Watson. Since June 2023, Boynton had been operating under his advisory business, Boynton Advisory Limited, through which he served as a board level advisor to start-ups and high-growth companies. He announced his latest appointment on LinkedIn, where he said it felt like the right time to return to an executive role after a period of working as an advisor and non-executive director.
Declared Dividend • Feb 09Dividend increased to kr.22.00Dividend of kr.22.00 is 10% higher than last year. Ex-date: 12th March 2026 Payment date: 16th March 2026 Dividend yield will be 29%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 6.5% over the next 3 years. However, it would need to fall by 64% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Feb 07+ 1 more updatePandora A/S Provides Earnings Guidance for 2026Pandora A/S provided earnings guidance for 2026. For the period, the company expects organic revenue growth of -1% to +2% and EBIT margin of 21% to 22%.
お知らせ • Feb 06+ 1 more updatePandora A/S Proposes Dividend for 2024Pandora A/S proposed that a dividend of DKK 22.00 per share of DKK 1 be paid according to the Annual Report 2025.
Reported Earnings • Feb 05Full year 2025 earnings released: EPS: kr.68.10 (vs kr.64.85 in FY 2024)Full year 2025 results: EPS: kr.68.10 (up from kr.64.85 in FY 2024). Revenue: kr.32.5b (up 2.7% from FY 2024). Net income: kr.5.24b (flat on FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe.
New Risk • Jan 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.05% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.05% per year for the foreseeable future. Minor Risks High level of debt (395% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€2.5m sold).
New Risk • Jan 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risks High level of debt (395% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€2.5m sold).
Valuation Update With 7 Day Price Move • Jan 10Investor sentiment deteriorates as stock falls 14%After last week's 14% share price decline to €80.18, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Luxury industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €136 per share.
New Risk • Jan 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risks High level of debt (395% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€2.5m sold).
お知らせ • Jan 09Pandora A/S Provides Earnings Guidance for 2025Pandora A/S provided earnings guidance for 2025. For the quarter, EBIT margin is expected to land at around 33.5%, reflecting the strong gross margin and good cost control. For the year the company expects EBIT to land around DKK 7.8 billion. Group EBIT margin for 2025 is expected to be in line with guidance of around 24%.
Recent Insider Transactions • Dec 05President & CEO recently sold €2.5m worth of stockOn the 3rd of December, Alexander Lacik sold around 25k shares on-market at roughly €100 per share. This transaction amounted to 9.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Alexander's only on-market trade for the last 12 months.
お知らせ • Nov 08+ 2 more updatesPandora A/S to Report Q1, 2026 Results on May 06, 2026Pandora A/S announced that they will report Q1, 2026 results on May 06, 2026
Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: kr.6.30 (vs kr.7.30 in 3Q 2024)Third quarter 2025 results: EPS: kr.6.30 (down from kr.7.30 in 3Q 2024). Revenue: kr.6.27b (up 2.7% from 3Q 2024). Net income: kr.489.0m (down 18% from 3Q 2024). Profit margin: 7.8% (down from 9.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in Europe.
お知らせ • Nov 05Pandora A/S Maintains Earnings Guidance for the Year 2025Pandora A/S maintained earnings guidance for the year 2025. The company maintains guidance for 2025 of “7-8% organic growth”. The EBIT margin guidance for 2025 is also maintained at “around 24%”.
お知らせ • Oct 02+ 1 more updatePandora A/S Announces Change of PresidentPandora announced that Alexander Lacik has decided to retire at the next annual general meeting on March 11, 2026 after almost seven years as President of Pandora. He will hand over to Chief Marketing Officer (CMO) Berta de Pablos-Barbier who will become the new President. She will lead the company’s continued strategic evolution as a full jewellery brand, building on the strong results during Alexander Lacik’s tenure. Berta de Pablos-Barbier joined Pandora as CMO and member of Pandora’s Executive Leadership Team in November 2024. As CMO, she has successfully led the strategic positioning of Pandora as a full jewellery brand, the key lever in the company’s growth strategy, Phoenix. Brand awareness has reached an all-time high, and the company’s product assortment and marketing mix have been infused with new innovations. Berta de Pablos-Barbier is a Spanish national with 30 years of international executive experience from global luxury and consumer goods brands. Before joining Pandora, she served as President & CEO of LVMH’s champagne brands Moët & Chandon, Dom Perignon and Mercier, and prior to that she was the Chief Growth Officer of Mars Wrigley, CMO of Lacoste, and VP of Marketing & Communications at Kering-owned jeweller Boucheron. The appointment of Berta de Pablos-Barbier follows a diligent global search process as part of the Board of Directors’ long-term succession planning. Since joining Pandora as President and CEO in April 2019, Alexander Lacik has led a successful turnaround and launched the Phoenix strategy to transform Pandora into a full jewellery brand. Under his leadership, revenue has grown by 45%, and the global workforce has expanded from 24,000 to 37,000. Pandora has emerged as a digital leader in consumer brands and is now ranked among the world’s 100 most valuable brands and 50 most sustainable companies. Berta de Pablos-Barbier resume: Pandora, Chief Marketing Officer from 2024; Moët & Chandon, President and CEO from 2020-2024; Mars, Chief Growth Officer from 2015-2020; Lacoste, Chief Marketing Officer from 2012-2015; Boucheron, VP, Global Marketing & Communications from 2008-2011.
お知らせ • Nov 07+ 2 more updatesPandora A/S to Report Q3, 2025 Results on Nov 05, 2025Pandora A/S announced that they will report Q3, 2025 results on Nov 05, 2025
お知らせ • Aug 22Pandora A/S to Report Fiscal Year 2024 Results on Feb 05, 2025Pandora A/S announced that they will report fiscal year 2024 results on Feb 05, 2025
お知らせ • Aug 13Pandora A/S Revises Earnings Guidance for the Year 2024Pandora A/S revised earnings guidance for the year 2024. The company announced that Reflecting the solid performance YTD, the organic growth guidance range is updated to “9% to 12%” (previously 8% to 10%).
お知らせ • Mar 16Pandora A/S Approves Dividend for the Year 2023Pandora A/S announced that at its AGM held on March 14, 2024, shareholders approved the Board’s proposal that a dividend of DKK 18.00 per share of DKK 1 be paid on the profit for the year available for distribution according to the Annual Report 2023 was adopted.
お知らせ • Feb 07+ 1 more updatePandora A/S Provides Earnings Guidance for the Year 2024Pandora A/S provided earnings guidance for the year 2024. The company targeted another year of solid growth whilst remaining mindful of the macroeconomic climate. Initial guidance for 2024 is “6-9%” organic growth and an EBIT margin “around 25%”.
お知らせ • Nov 09Pandora A/S Revises Earnings Guidance for the Year 2023Pandora A/S revised earnings guidance for the year 2023. For the year 2023, the company expects the organic growth guidance range is upgraded to "+5% to +6%" (previously +2% to +5%). The EBIT guidance remains unchanged at "around 25%".
お知らせ • Nov 08+ 3 more updatesPandora A/S to Report Q2, 2024 Results on Aug 13, 2024Pandora A/S announced that they will report Q2, 2024 results on Aug 13, 2024
お知らせ • Aug 30Pandora, Reveals Expansion of Pandora Lab-Grown Diamonds with Three New CollectionsPandora, reveals the expansion of Pandora Lab-Grown Diamonds with three new collections. Re-writing the rules of diamond jewelry, Pandora continues its journey of democratizing diamonds and celebrating their power as vehicles for love, joy, and personal expression – bringing their sparkle to more wearing occasions and more people. Pandora Nova introduces a distinct, four-prong setting that reveals more of the diamond, so each round brilliant or princess cut stone can capture the light with more dimension, brilliance and warmth, as if floating in mid-air – like the 1 carat 14K gold and lab-grown diamond ring ($1,850). Pandora Era reimagines classic bezel and prong settings with a unique Pandora take. A pinnacle of this collection are the 14k gold trilogy pendant ($1,200) and bracelet ($990), which showcase three bezel-set stones in a row for quiet impact. PandoraTalisman features five pendant designs ($390-$990) – each a symbol like a heart or star that is also the lab-grown diamond's setting. The pendants offer an elevated take on beloved Pandora charms, crafted with 14k gold with a 0.25 or 0.75 round brilliant-cut lab-grown diamond at the center.
お知らせ • Aug 17Pandora A/S Revises Earnings Guidance for the Year 2023Pandora A/S revised earnings guidance for the year 2023. The company announced that Reflecting the solid performance YTD, the organic growth guidance range is updated to “+2% to +5%” (previously -2% to +3%).
お知らせ • Aug 16Pandora A/S to Report Fiscal Year 2023 Results on Feb 07, 2024Pandora A/S announced that they will report fiscal year 2023 results on Feb 07, 2024
お知らせ • Feb 18Pandora A/S Announces Resignation of Heine Dalsgaard from the Board of DirectorsPandora A/S announced that Heine Dalsgaard has decided not to seek re-election as director at the Annual General Meeting held to be on March 16, 2023.
お知らせ • Feb 09+ 1 more updatePandora A/S (CPSE:PNDORA) announces an Equity Buyback for DKK 2,400 million worth of its shares.Pandora A/S (CPSE:PNDORA) announces a share repurchase program. Under the program, the company will repurchase up to DKK 2,400 million worth of its shares, representing 10% of its nominal share capital. The purchase price paid in connection with acquisition of treasury shares must not diverge from the price quoted on Nasdaq Copenhagen at the time of acquisition by more than 10%. The purpose of the program is to reduce the company's share capital and to meet obligations arising from company incentive programs. The plan will expire on June 30, 2023.
お知らせ • Feb 08Pandora A/S Proposes Dividend for the Year 2022Pandora A/S proposed dividend of DKK 16 per share for the year 2022.
お知らせ • Jan 11Heine Dalsgaard Not to Stand for Re-Election from the Board of Pandora A/SPandora A/S announced that due to recent changes in his executive commitments, Heine Dalsgaard has decided not to seek re-election to company's Board at the Annual General Meeting in March 2023. Heine Dalsgaard joined Pandora’s Board in March 2021.
お知らせ • Nov 09+ 3 more updatesPandora A/S to Report Q3, 2023 Results on Nov 08, 2023Pandora A/S announced that they will report Q3, 2023 results on Nov 08, 2023
お知らせ • Nov 08+ 1 more updatePandora A/S Announces Earnings Guidance for the Full Year of 2022Pandora A/S announced earnings guidance for the full year of 2022. The company confirms the guidance for 2022 of 4-6% organic growth and 25.0-25.5% EBIT margin.
お知らせ • Jun 22Pandora A/S (CPSE:PNDORA) agreed to acquire 34 franchise stores in Portugal from VisAo Do Tempo Ii - DistribuiCAo, S.A.Pandora A/S (CPSE:PNDORA) agreed to acquire 34 franchise stores in Portugal from VisAo Do Tempo Ii - DistribuiCAo, S.A. on June 21, 2022. In 2021, the 34 stores stores generated revenue of €24 million. The deal is expected to close on July 20, 2022.
Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €70.84, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Luxury industry in Europe.
Reported Earnings • May 05First quarter 2022 earnings released: EPS: kr.10.50 (vs kr.6.30 in 1Q 2021)First quarter 2022 results: EPS: kr.10.50 (up from kr.6.30 in 1Q 2021). Revenue: kr.5.69b (up 26% from 1Q 2021). Net income: kr.995.0m (up 58% from 1Q 2021). Profit margin: 18% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.7%, compared to a 13% growth forecast for the industry in Germany.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jan Zijderveld was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €76.08, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Luxury industry in Europe. Total returns to shareholders of 95% over the past three years.
Upcoming Dividend • Mar 04Upcoming dividend of kr.16.00 per shareEligible shareholders must have bought the stock before 11 March 2022. Payment date: 15 March 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.5%).
Reported Earnings • Feb 10Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr.42.10 (up from kr.19.97 in FY 2020). Revenue: kr.23.4b (up 23% from FY 2020). Net income: kr.4.16b (up 115% from FY 2020). Profit margin: 18% (up from 10% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 6.0%, compared to a 5.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
お知らせ • Feb 10+ 1 more updatePandora A/S Revises Earnings Guidance for the Year 2023Pandora A/S revised earnings guidance for the year 2023. The company raised the absolute revenue target for 2023 to between DKK 27 billion and DKK 28.1 billion. The company will be approaching DKK 60 earnings per share in 2023.
Board Change • Nov 19High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jan Zijderveld was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.