Danish jewelery brand Pandora

By region, the Asia-Pacific region recorded a 51% sales growth in Europe, Middle East and Africa region recorded a 32% sales growth in the Americas region recorded a 10 percent sales growth.

The total net profit of 1.22 billion Danish kroner, or about $ 185 million, compared with DKK 910 million last year, up 34.2%. Operating profit was 14.9 billion Danish kroner, or about $ 226 million, compared with the same period last year rose 20% EBIT margin reached 34.4%, EBITDA margin rose from before 2015, from 36.4 to 37.2% .

As China time at 17:00 on the 9th, after Pandora company earnings announcement, shares fell 3 percent, according to statistics, nearly two months, company’s share price fell 15.9%, the current market value of about 95.34 billion Danish kroner, or about $ 14.21 billion.

Pandora said it would maintain the 2016 fiscal year revenues over 20 billion Danish kroner annual expected EBITDA margin of more than 38 percent before, the company plans to fund the project will be established in terms of IT and expanding Thai market expected this year capital expenditure of approximately DKK 1.2 billion, higher than the previous estimate of 1 billion Danish kroner.

Pandora spokesman said the company in 2016 added 300 new stores planned, earlier than the addition of 275 new stores planned more than 25. At present the brand jewelry in 100 countries on six continents worldwide sales, has about 8900 points of sale, including more than 1900 concept store.

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