View Financial HealthPandora 配当と自社株買い配当金 基準チェック /46Pandora配当を支払う会社であり、現在の利回りは3.97%で、収益によって十分にカバーされています。主要情報4.0%配当利回り8.7%バイバック利回り総株主利回り12.7%将来の配当利回り3.6%配当成長6.0%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向33%最近の配当と自社株買いの更新お知らせ • 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.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.お知らせ • Mar 12Pandora A/S Approves Dividend for the Year 2024Pandora A/S at its AGM held on March 12, 2025, approved the dividend of DKK 20.00 per share of DKK 1 be paid on the profit for the year available for distribution according to the Annual Report 2024.お知らせ • Feb 08Pandora A/S Proposes Dividend for 2024Pandora A/S Board of Directors will propose at the Annual General Meeting that a dividend of DKK 20 per share (2023: DKK 18 per share), corresponding to DKK 1.6 billion, be distributed for 2024.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.Upcoming Dividend • Mar 08Upcoming dividend of kr.18.00 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 19 March 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (0.8%).すべての更新を表示Recent updatesBoard Change • May 20Insufficient 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.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%.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.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.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.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%.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 • Aug 15Pandora A/S to Report Fiscal Year 2025 Results on Feb 06, 2026Pandora A/S announced that they will report fiscal year 2025 results on Feb 06, 2026お知らせ • Aug 14Pandora A/S Appoints Lars Sandahl Sørensen as Member of the Board of DirectorsPandora A/S at its Extraordinary General Meeting on August 14, 2025 announced that Lars Sandahl Sørensen was elected as member of the Board of Directors.お知らせ • Jul 15Pandora A/S Announces Deputy Chair, Christian Frigast Informs the Board That He Will Not Stand for Re-Election At the Next Annual General Meeting in 2026Pandora A/S announced that Deputy Chair, Christian Frigast has informed the Board that he will not stand for re-election at the next Annual General Meeting in 2026. Christian Frigast was managing partner at private equity firm Axcel, which acquired Pandora from the company’s founders in 2008 and led the company to its IPO in 2010. Since then, Christian Frigast has served as Deputy Chair on Pandora’s Board of Directors.お知らせ • Mar 12Pandora A/S Approves Dividend for the Year 2024Pandora A/S at its AGM held on March 12, 2025, approved the dividend of DKK 20.00 per share of DKK 1 be paid on the profit for the year available for distribution according to the Annual Report 2024.お知らせ • Feb 08Pandora A/S Proposes Dividend for 2024Pandora A/S Board of Directors will propose at the Annual General Meeting that a dividend of DKK 20 per share (2023: DKK 18 per share), corresponding to DKK 1.6 billion, be distributed for 2024.お知らせ • Feb 07Pandora A/S American Depositary Receipts - Sponsored to Be Deleted from OTC EquityPandora A/S American Depositary Receipts - Sponsored will be deleted from OTC Equity effective February 06, 2025. due to Sponsored to Unsponsored Conversion.お知らせ • Feb 06Pandora A/S, Annual General Meeting, Mar 12, 2025Pandora A/S, Annual General Meeting, Mar 12, 2025.Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: kr.7.30 (vs kr.6.30 in 3Q 2023)Third quarter 2024 results: EPS: kr.7.30 (up from kr.6.30 in 3Q 2023). Revenue: kr.6.10b (up 9.5% from 3Q 2023). Net income: kr.595.0m (up 9.6% from 3Q 2023). Profit margin: 9.7% (in line with 3Q 2023). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.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, 2025Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: kr.9.70 (vs kr.8.90 in 2Q 2023)Second quarter 2024 results: EPS: kr.9.70 (up from kr.8.90 in 2Q 2023). Revenue: kr.6.77b (up 15% from 2Q 2023). Net income: kr.799.0m (up 2.7% from 2Q 2023). Profit margin: 12% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.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%).Recent Insider Transactions • May 07Independent Chairman of the Board recently sold €763k worth of stockOn the 3rd of May, Peter Ruzicka sold around 5k shares on-market at roughly €153 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €5.0m. Peter has been a net seller over the last 12 months, reducing personal holdings by €1.2m.Reported Earnings • May 02First quarter 2024 earnings released: EPS: kr.11.80 (vs kr.10.00 in 1Q 2023)First quarter 2024 results: EPS: kr.11.80 (up from kr.10.00 in 1Q 2023). Revenue: kr.6.83b (up 17% from 1Q 2023). Net income: kr.965.0m (up 8.5% from 1Q 2023). Profit margin: 14% (down from 15% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 15% per year.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. 4 experienced directors. 2 highly experienced directors. Independent Director Lilian Biner was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.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.Upcoming Dividend • Mar 08Upcoming dividend of kr.18.00 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 19 March 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (0.8%).Recent Insider Transactions • Feb 14President & CEO recently sold €5.0m worth of stockOn the 9th of February, Alexander Lacik sold around 35k shares on-market at roughly €144 per share. This transaction amounted to 12% 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.Declared Dividend • Feb 12Dividend of kr.18.00 announcedShareholders will receive a dividend of kr.18.00. Ex-date: 15th March 2024 Payment date: 19th March 2024 Dividend yield will be 12%, 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 (25% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 08Full year 2023 earnings released: EPS: kr.55.50 (vs kr.54.22 in FY 2022)Full year 2023 results: EPS: kr.55.50. Revenue: kr.28.1b (up 6.3% from FY 2022). Net income: kr.4.74b (down 5.7% from FY 2022). Profit margin: 17% (down from 19% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Luxury industry in Europe.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%”.Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: kr.6.30 (vs kr.7.80 in 3Q 2022)Third quarter 2023 results: EPS: kr.6.30 (down from kr.7.80 in 3Q 2022). Revenue: kr.5.57b (up 5.9% from 3Q 2022). Net income: kr.543.0m (down 26% from 3Q 2022). Profit margin: 9.7% (down from 14% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.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, 2024Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €109, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Luxury industry in Europe. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €181 per share.New Risk • Oct 06New 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 7.0% 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: Minor Risks High level of debt (186% 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 (7.0% average weekly change).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, 2024Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: kr.8.90 (vs kr.9.90 in 2Q 2022)Second quarter 2023 results: EPS: kr.8.90 (down from kr.9.90 in 2Q 2022). Revenue: kr.5.89b (up 4.2% from 2Q 2022). Net income: kr.778.0m (down 17% from 2Q 2022). Profit margin: 13% (down from 17% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jul 08Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.6%. The fair value is estimated to be €103, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 38%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is also forecast to grow by 5.3% per annum over the same time period.Buying Opportunity • Mar 10Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be €112, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings is also forecast to grow by 5.2% per annum over the same time period.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.Reported Earnings • Feb 09Full year 2022 earnings released: EPS: kr.54.20 (vs kr.42.12 in FY 2021)Full year 2022 results: EPS: kr.54.20 (up from kr.42.12 in FY 2021). Revenue: kr.26.5b (up 13% from FY 2021). Net income: kr.5.03b (up 21% from FY 2021). Profit margin: 19% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 09Pandora A/S Provides Earnings Guidance for the Year 2023Pandora A/S provided earnings guidance for the year 2023. Initial guidance for 2023 is -3% to +3% organic growth and an EBIT margin around 25%. Current trading in 2023 has been solid with a good, broad-based pick-up in sell-out growth.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.Board Change • Nov 16High 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.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 08Pandora A/S, Annual General Meeting, Mar 16, 2023Pandora A/S, Annual General Meeting, Mar 16, 2023.Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to €69.08, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Luxury industry in Europe. Total returns to shareholders of 130% over the past three years.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. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 29High 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 08Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €76.08, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Luxury industry in Europe. Total returns to shareholders of 105% 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 09Pandora Proposes DividendPandora continues distributions to shareholders with proposed dividend of DKK 16 per share.Upcoming Dividend • Nov 08Inaugural dividend of kr.5.00 per shareEligible shareholders must have bought the stock before 15 November 2021. Payment date: 17 November 2021. The company last paid an ordinary dividend in March 2020. The average dividend yield among industry peers is 0.8%.Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS kr.6.40 (vs kr.3.60 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr.4.73b (up 16% from 3Q 2020). Net income: kr.635.0m (up 85% from 3Q 2020). Profit margin: 13% (up from 8.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.お知らせ • Sep 15Pandora A/S Provides Earnings Guidance for the Year 2023Pandora A/S provided earnings guidance for the year 2023. Pandora targets organic growth of 5-7% CAGR during 2021-2023. Total revenue growth CAGR is expected to be 6-8%, lifting revenue to DKK 24.8-26.2 billion in 2023.お知らせ • Aug 21Pandora A/S Announces Special DividendPandora A/S announced that the company will distribute special dividend in the amount of DKK 5.00 per share, effective August 27, 2021.Upcoming Dividend • Aug 20Inaugural dividend of kr.5.00 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 31 August 2021. The company last paid an ordinary dividend in March 2020. The average dividend yield among industry peers is 0.8%.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS kr.10.00 (vs kr.2.10 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr.5.16b (up 79% from 2Q 2020). Net income: kr.992.0m (up kr.1.17b from 2Q 2020). Profit margin: 19% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.お知らせ • Aug 17Pandora A/S (CPSE:PNDORA) announces an Equity Buyback for DKK 500 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 500 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 October 29, 2021.お知らせ • May 06Pandora A/S Will Distribute A Special Dividend, Effective May 12, 2021Pandora A/S will distribute a special dividend in the amount of DKK 5 per share, effective May 12, 2021.Reported Earnings • May 05First quarter 2021 earnings released: EPS kr.6.30 (vs kr.0.30 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr.4.50b (up 7.9% from 1Q 2020). Net income: kr.628.0m (up kr.652.0m from 1Q 2020). Profit margin: 14% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • May 05+ 1 more updatePandora A/S Upgrades Financial Guidance for 2021Pandora A/S Upgraded financial guidance for 2021. The company based on the strong start to 2021, the financial guidance for 2021 is upgraded to organic growth “above 12%” (previously “above 8%”) and EBIT margin “above 22%” (previously “above 21%”).お知らせ • Mar 12+ 1 more updatePandora A/S Announces New Board AppointmentsPandora A/S announced that at the Annual General Meeting held on 11 March 2021, Heine Dalsgaard and Jan Zijderveld were elected as new members of the Board.Is New 90 Day High Low • Mar 11New 90-day high: €89.90The company is up 12% from its price of €80.38 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €142 per share.お知らせ • Jan 12Pandora A/S Provides Earnings Guidance for the Fourth Quarter and Full Year of 2020Pandora A/S provided fourth quarter and full year of 2020. Based on unaudited numbers, organic growth for fourth quarter of 2020 is expected to be around 3% to 4% concluding the financial year 2020 with organic growth of around -11%. This exceeds both the guidance range of -14% to -17% communicated in the third quarter of 2020 interim report as well as the expected improvement of at least 1% point above the high end of the guidance communicated on December 30, 2020. Sell-out growth in fourth quarter of 2020 including temporarily closed stores is expected to be around 1%, subject to final review. The full-year EBIT margin, excluding restructuring costs, is, subject to audit, expected to be around 20%, and thus exceeding the guidance range of 17.5% to 19.0%.Is New 90 Day High Low • Nov 19New 90-day high: €81.82The company is up 56% from its price of €52.40 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €72.33 per share.お知らせ • Nov 05+ 3 more updatesPandora A/S to Report Q3, 2021 Results on Nov 03, 2021Pandora A/S announced that they will report Q3, 2021 results on Nov 03, 2021お知らせ • Oct 10Pandora Updates Earnings Guidance for the Year 2020Pandora provided an updated financial guidance reflecting the preliminary results for third quarter of 2020. The underlying COVID-19 assumptions for the guidance are unchanged with one exception as the guidance now assumes up to 10% of the store network being closed during fourth quarter of 2020. It was previously assumed that all stores would be open in the fourth quarter. Assumptions behind updated financial guidance; there will be no new material lockdowns; there may be some local lockdowns (not nationwide) of physical stores; up to 10% of the physical stores will be temporarily closed for the rest of 2020; no material deterioration of the general macroeconomic environment and consumer spending; social distancing requirements will have a negative impact on revenue in fourth quarter of 2020. Based on the above assumptions and an expected larger negative impact from COVID-19 restrictions in fourth quarter of 2020, Pandora now expects full-year organic growth and EBIT-margin to end in the upper half of the previously guided range. Updated financial guidance for 2020: Organic growth: -14% to -17% (previous guidance: “-14% to -20%”); EBIT margin: 17.5% to 19.0% (previous guidance: “16% to 19%”).お知らせ • Oct 04Pandora Releases Star Wars™-Inspired CollectionOn October 1, Pandora released its much-anticipated Star Wars™-inspired collection. In celebration of a saga that has captured the world's imagination, the 12-piece collection evokes the characters and symbols of the Star Wars galaxy. Sustainably made from 71% recycled metals, the 12-piece collection includes 10 charms, a bracelet and an additional limited-edition collector's charm. Each piece is carefully conceptualized, expertly designed and hand-finished. The new collection will be available in-store and online at Pandora starting October 1. This autumn wear user's fandom with the Star Wars x Pandora jewelry collection.お知らせ • Aug 18Pandora Provides Earnings Guidance for the Year 2020Pandora provided earnings guidance for the year 2020. The continued local spikes in incident rates and inherent commercial impact from social distancing are expected to continue to negatively impact revenue in the second half of the year. Pandora expects organic growth to be -14% to -20% in 2020. The full-year EBIT-margin is expected to be between 16% and 19%.お知らせ • Jul 09Pandora Suspend Financial Guidance for 2020Pandora A/S announced that financial guidance for 2020 is consequently still suspended.決済の安定と成長配当データの取得安定した配当: 3P7の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 3P7の配当金は過去10年間にわたって増加しています。配当利回り対市場Pandora 配当利回り対市場3P7 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (3P7)4.0%市場下位25% (DE)1.5%市場トップ25% (DE)4.5%業界平均 (Luxury)1.8%アナリスト予想 (3P7) (最長3年)3.6%注目すべき配当: 3P7の配当金 ( 3.97% ) はGerman市場の配当金支払者の下位 25% ( 1.51% ) よりも高くなっています。高配当: 3P7の配当金 ( 3.97% ) はGerman市場の配当金支払者の上位 25% ( 4.51% ) と比較すると低いです。株主への利益配当収益カバレッジ: 3P7の 配当性向 ( 32.9% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 3P7の 現金配当性向 ( 27.1% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management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2026/05/22 14:24終値2026/05/21 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
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.
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.
お知らせ • Mar 12Pandora A/S Approves Dividend for the Year 2024Pandora A/S at its AGM held on March 12, 2025, approved the dividend of DKK 20.00 per share of DKK 1 be paid on the profit for the year available for distribution according to the Annual Report 2024.
お知らせ • Feb 08Pandora A/S Proposes Dividend for 2024Pandora A/S Board of Directors will propose at the Annual General Meeting that a dividend of DKK 20 per share (2023: DKK 18 per share), corresponding to DKK 1.6 billion, be distributed for 2024.
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.
Upcoming Dividend • Mar 08Upcoming dividend of kr.18.00 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 19 March 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (0.8%).
Board Change • May 20Insufficient 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.
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%.
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.
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.
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.
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%.
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
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 • Aug 15Pandora A/S to Report Fiscal Year 2025 Results on Feb 06, 2026Pandora A/S announced that they will report fiscal year 2025 results on Feb 06, 2026
お知らせ • Aug 14Pandora A/S Appoints Lars Sandahl Sørensen as Member of the Board of DirectorsPandora A/S at its Extraordinary General Meeting on August 14, 2025 announced that Lars Sandahl Sørensen was elected as member of the Board of Directors.
お知らせ • Jul 15Pandora A/S Announces Deputy Chair, Christian Frigast Informs the Board That He Will Not Stand for Re-Election At the Next Annual General Meeting in 2026Pandora A/S announced that Deputy Chair, Christian Frigast has informed the Board that he will not stand for re-election at the next Annual General Meeting in 2026. Christian Frigast was managing partner at private equity firm Axcel, which acquired Pandora from the company’s founders in 2008 and led the company to its IPO in 2010. Since then, Christian Frigast has served as Deputy Chair on Pandora’s Board of Directors.
お知らせ • Mar 12Pandora A/S Approves Dividend for the Year 2024Pandora A/S at its AGM held on March 12, 2025, approved the dividend of DKK 20.00 per share of DKK 1 be paid on the profit for the year available for distribution according to the Annual Report 2024.
お知らせ • Feb 08Pandora A/S Proposes Dividend for 2024Pandora A/S Board of Directors will propose at the Annual General Meeting that a dividend of DKK 20 per share (2023: DKK 18 per share), corresponding to DKK 1.6 billion, be distributed for 2024.
お知らせ • Feb 07Pandora A/S American Depositary Receipts - Sponsored to Be Deleted from OTC EquityPandora A/S American Depositary Receipts - Sponsored will be deleted from OTC Equity effective February 06, 2025. due to Sponsored to Unsponsored Conversion.
お知らせ • Feb 06Pandora A/S, Annual General Meeting, Mar 12, 2025Pandora A/S, Annual General Meeting, Mar 12, 2025.
Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: kr.7.30 (vs kr.6.30 in 3Q 2023)Third quarter 2024 results: EPS: kr.7.30 (up from kr.6.30 in 3Q 2023). Revenue: kr.6.10b (up 9.5% from 3Q 2023). Net income: kr.595.0m (up 9.6% from 3Q 2023). Profit margin: 9.7% (in line with 3Q 2023). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
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
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: kr.9.70 (vs kr.8.90 in 2Q 2023)Second quarter 2024 results: EPS: kr.9.70 (up from kr.8.90 in 2Q 2023). Revenue: kr.6.77b (up 15% from 2Q 2023). Net income: kr.799.0m (up 2.7% from 2Q 2023). Profit margin: 12% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
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%).
Recent Insider Transactions • May 07Independent Chairman of the Board recently sold €763k worth of stockOn the 3rd of May, Peter Ruzicka sold around 5k shares on-market at roughly €153 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €5.0m. Peter has been a net seller over the last 12 months, reducing personal holdings by €1.2m.
Reported Earnings • May 02First quarter 2024 earnings released: EPS: kr.11.80 (vs kr.10.00 in 1Q 2023)First quarter 2024 results: EPS: kr.11.80 (up from kr.10.00 in 1Q 2023). Revenue: kr.6.83b (up 17% from 1Q 2023). Net income: kr.965.0m (up 8.5% from 1Q 2023). Profit margin: 14% (down from 15% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 15% per year.
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. 4 experienced directors. 2 highly experienced directors. Independent Director Lilian Biner was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
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.
Upcoming Dividend • Mar 08Upcoming dividend of kr.18.00 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 19 March 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (0.8%).
Recent Insider Transactions • Feb 14President & CEO recently sold €5.0m worth of stockOn the 9th of February, Alexander Lacik sold around 35k shares on-market at roughly €144 per share. This transaction amounted to 12% 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.
Declared Dividend • Feb 12Dividend of kr.18.00 announcedShareholders will receive a dividend of kr.18.00. Ex-date: 15th March 2024 Payment date: 19th March 2024 Dividend yield will be 12%, 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 (25% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 08Full year 2023 earnings released: EPS: kr.55.50 (vs kr.54.22 in FY 2022)Full year 2023 results: EPS: kr.55.50. Revenue: kr.28.1b (up 6.3% from FY 2022). Net income: kr.4.74b (down 5.7% from FY 2022). Profit margin: 17% (down from 19% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Luxury industry in Europe.
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%”.
Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: kr.6.30 (vs kr.7.80 in 3Q 2022)Third quarter 2023 results: EPS: kr.6.30 (down from kr.7.80 in 3Q 2022). Revenue: kr.5.57b (up 5.9% from 3Q 2022). Net income: kr.543.0m (down 26% from 3Q 2022). Profit margin: 9.7% (down from 14% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
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
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €109, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Luxury industry in Europe. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €181 per share.
New Risk • Oct 06New 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 7.0% 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: Minor Risks High level of debt (186% 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 (7.0% average weekly change).
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
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: kr.8.90 (vs kr.9.90 in 2Q 2022)Second quarter 2023 results: EPS: kr.8.90 (down from kr.9.90 in 2Q 2022). Revenue: kr.5.89b (up 4.2% from 2Q 2022). Net income: kr.778.0m (down 17% from 2Q 2022). Profit margin: 13% (down from 17% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jul 08Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.6%. The fair value is estimated to be €103, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 38%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is also forecast to grow by 5.3% per annum over the same time period.
Buying Opportunity • Mar 10Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be €112, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings is also forecast to grow by 5.2% per annum over the same time period.
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.
Reported Earnings • Feb 09Full year 2022 earnings released: EPS: kr.54.20 (vs kr.42.12 in FY 2021)Full year 2022 results: EPS: kr.54.20 (up from kr.42.12 in FY 2021). Revenue: kr.26.5b (up 13% from FY 2021). Net income: kr.5.03b (up 21% from FY 2021). Profit margin: 19% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 09Pandora A/S Provides Earnings Guidance for the Year 2023Pandora A/S provided earnings guidance for the year 2023. Initial guidance for 2023 is -3% to +3% organic growth and an EBIT margin around 25%. Current trading in 2023 has been solid with a good, broad-based pick-up in sell-out growth.
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.
Board Change • Nov 16High 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.
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 08Pandora A/S, Annual General Meeting, Mar 16, 2023Pandora A/S, Annual General Meeting, Mar 16, 2023.
Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to €69.08, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Luxury industry in Europe. Total returns to shareholders of 130% over the past three years.
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. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 29High 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 08Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €76.08, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Luxury industry in Europe. Total returns to shareholders of 105% 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 09Pandora Proposes DividendPandora continues distributions to shareholders with proposed dividend of DKK 16 per share.
Upcoming Dividend • Nov 08Inaugural dividend of kr.5.00 per shareEligible shareholders must have bought the stock before 15 November 2021. Payment date: 17 November 2021. The company last paid an ordinary dividend in March 2020. The average dividend yield among industry peers is 0.8%.
Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS kr.6.40 (vs kr.3.60 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr.4.73b (up 16% from 3Q 2020). Net income: kr.635.0m (up 85% from 3Q 2020). Profit margin: 13% (up from 8.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.
お知らせ • Sep 15Pandora A/S Provides Earnings Guidance for the Year 2023Pandora A/S provided earnings guidance for the year 2023. Pandora targets organic growth of 5-7% CAGR during 2021-2023. Total revenue growth CAGR is expected to be 6-8%, lifting revenue to DKK 24.8-26.2 billion in 2023.
お知らせ • Aug 21Pandora A/S Announces Special DividendPandora A/S announced that the company will distribute special dividend in the amount of DKK 5.00 per share, effective August 27, 2021.
Upcoming Dividend • Aug 20Inaugural dividend of kr.5.00 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 31 August 2021. The company last paid an ordinary dividend in March 2020. The average dividend yield among industry peers is 0.8%.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS kr.10.00 (vs kr.2.10 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr.5.16b (up 79% from 2Q 2020). Net income: kr.992.0m (up kr.1.17b from 2Q 2020). Profit margin: 19% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
お知らせ • Aug 17Pandora A/S (CPSE:PNDORA) announces an Equity Buyback for DKK 500 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 500 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 October 29, 2021.
お知らせ • May 06Pandora A/S Will Distribute A Special Dividend, Effective May 12, 2021Pandora A/S will distribute a special dividend in the amount of DKK 5 per share, effective May 12, 2021.
Reported Earnings • May 05First quarter 2021 earnings released: EPS kr.6.30 (vs kr.0.30 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr.4.50b (up 7.9% from 1Q 2020). Net income: kr.628.0m (up kr.652.0m from 1Q 2020). Profit margin: 14% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • May 05+ 1 more updatePandora A/S Upgrades Financial Guidance for 2021Pandora A/S Upgraded financial guidance for 2021. The company based on the strong start to 2021, the financial guidance for 2021 is upgraded to organic growth “above 12%” (previously “above 8%”) and EBIT margin “above 22%” (previously “above 21%”).
お知らせ • Mar 12+ 1 more updatePandora A/S Announces New Board AppointmentsPandora A/S announced that at the Annual General Meeting held on 11 March 2021, Heine Dalsgaard and Jan Zijderveld were elected as new members of the Board.
Is New 90 Day High Low • Mar 11New 90-day high: €89.90The company is up 12% from its price of €80.38 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €142 per share.
お知らせ • Jan 12Pandora A/S Provides Earnings Guidance for the Fourth Quarter and Full Year of 2020Pandora A/S provided fourth quarter and full year of 2020. Based on unaudited numbers, organic growth for fourth quarter of 2020 is expected to be around 3% to 4% concluding the financial year 2020 with organic growth of around -11%. This exceeds both the guidance range of -14% to -17% communicated in the third quarter of 2020 interim report as well as the expected improvement of at least 1% point above the high end of the guidance communicated on December 30, 2020. Sell-out growth in fourth quarter of 2020 including temporarily closed stores is expected to be around 1%, subject to final review. The full-year EBIT margin, excluding restructuring costs, is, subject to audit, expected to be around 20%, and thus exceeding the guidance range of 17.5% to 19.0%.
Is New 90 Day High Low • Nov 19New 90-day high: €81.82The company is up 56% from its price of €52.40 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €72.33 per share.
お知らせ • Nov 05+ 3 more updatesPandora A/S to Report Q3, 2021 Results on Nov 03, 2021Pandora A/S announced that they will report Q3, 2021 results on Nov 03, 2021
お知らせ • Oct 10Pandora Updates Earnings Guidance for the Year 2020Pandora provided an updated financial guidance reflecting the preliminary results for third quarter of 2020. The underlying COVID-19 assumptions for the guidance are unchanged with one exception as the guidance now assumes up to 10% of the store network being closed during fourth quarter of 2020. It was previously assumed that all stores would be open in the fourth quarter. Assumptions behind updated financial guidance; there will be no new material lockdowns; there may be some local lockdowns (not nationwide) of physical stores; up to 10% of the physical stores will be temporarily closed for the rest of 2020; no material deterioration of the general macroeconomic environment and consumer spending; social distancing requirements will have a negative impact on revenue in fourth quarter of 2020. Based on the above assumptions and an expected larger negative impact from COVID-19 restrictions in fourth quarter of 2020, Pandora now expects full-year organic growth and EBIT-margin to end in the upper half of the previously guided range. Updated financial guidance for 2020: Organic growth: -14% to -17% (previous guidance: “-14% to -20%”); EBIT margin: 17.5% to 19.0% (previous guidance: “16% to 19%”).
お知らせ • Oct 04Pandora Releases Star Wars™-Inspired CollectionOn October 1, Pandora released its much-anticipated Star Wars™-inspired collection. In celebration of a saga that has captured the world's imagination, the 12-piece collection evokes the characters and symbols of the Star Wars galaxy. Sustainably made from 71% recycled metals, the 12-piece collection includes 10 charms, a bracelet and an additional limited-edition collector's charm. Each piece is carefully conceptualized, expertly designed and hand-finished. The new collection will be available in-store and online at Pandora starting October 1. This autumn wear user's fandom with the Star Wars x Pandora jewelry collection.
お知らせ • Aug 18Pandora Provides Earnings Guidance for the Year 2020Pandora provided earnings guidance for the year 2020. The continued local spikes in incident rates and inherent commercial impact from social distancing are expected to continue to negatively impact revenue in the second half of the year. Pandora expects organic growth to be -14% to -20% in 2020. The full-year EBIT-margin is expected to be between 16% and 19%.
お知らせ • Jul 09Pandora Suspend Financial Guidance for 2020Pandora A/S announced that financial guidance for 2020 is consequently still suspended.