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Life’s a charm for Pandora shareholders
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Life’s a charm for Pandora shareholders

Life’s a charm for Pandora shareholders

While there are many jewellery items in the pandora rings, these exclusive charms in the Disney Parks line are not sold in regular Pandora concept stores and are exclusive to Disney Parks locations across the world.This unique Chef Mickey Mouse dangling charm is cooked up by Pandora in celebration of the Epcot International Food & Wine Festival 2016. The sterling silver charm is sold only at the culinary spectacular, so those hungry for Chef Mickey will have to make their way down quick! Perfect for those limited-edition charm hunters!

Shares in the Danish jeweller, which is best known for its charm bracelets, have extended their gains over the morning, putting it on track for its biggest daily percentage rise since February 2015 (see chart above). The shares are up 10.3 per cent at publication time to DKK939.

The pandora rings diamond silver Copenhagen-headquartered group, which was created in 1982 and manufactures its jewellery in Thailand, is now expecting revenues of more than DKK20bn (€2.7bn) this year, up from a previous forecast of DKK19bn-plus. Its guidance on Ebitda (earnings before interest, taxes, depreciation and amortisation) margin was also upgraded to more than 38 per cent from a previous forecast of more than 37 per cent.

While high end designer clothing and accessories manufacturers are finding life tough, Pandora’s first quarter sales showed that consumers globally were still willing to splash out on more affordable luxuries.

pandora earrings sale growth was strongest in the Asia-Pacific, driven by strong demand in China and Australia but the group’s biggest sales region – Europe, the Middle East and Asia – also clocked up a 47 per cent increase in sales to DKK2.1bn during the three months, helped by particularly strong sales in Italy and France.

19-11-2016 09:14 AM
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