Financial highlights
Phoenix strategy highlights
2023 guidance and current trading
Alexander Lacik, President and CEO of Pandora, says:
“We have started 2023 well with resilient growth and solid margins. Our investments in lifting the brand are paying off with good performance in our Moments base business and strong results from the newer platforms, Timeless and Pandora ME. It’s clear that we are increasingly the jewellery brand of choice, particularly for gifting occasions. The macroeconomic outlook remains uncertain, but we are confident in our ability to adapt and thrive as we’ve proven over the past few quarters. “
| DKK million | Q1 2023 | Q1 2022 | FY 2022 | FY 2023 guidance |
| Revenue | 5,850 | 5,689 | 26,463 | |
| Organic growth | 1% | 21% | 7% | -2% to 3% |
| Like-for-Like, % | 0% | 17% | 4% | |
| Operating profit (EBIT) | 1,256 | 1,310 | 6,743 | |
| EBIT margin, % | 21.5% | 23.0% | 25.5% | Around 25% |
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