Pandora It has collapsed this Friday more than 18% in the stock market after having presented its Second quarter results. The Danish company has not only disappointed with your salesbut also recognize difficulties which is going through the high macroeconomic uncertainty. In fact, the duty they tarnish their growth prospects for this 2025. In the second quarter Pandora achieved a Net profit of 803 million Danish crownswhile Income amounted to 7,080 million of Danish crowns, which represents an 8%growth. However, disappointment has come with the data of comparable sales, which grew 3% In the period, below the estimate of 4.3% that the consensus of analysts had made. He EBITon the other hand, it stood at 1,290 million Danish crowns, with a margin of 18.2%, approximately 1% below the projections of consensus. By regions, USA remained with a 12% growthwhile Australia and other markets grew 18% and 13%, respectively. In contrast, Europe had a weaker behavior, with falls in the United Kingdom of 5%, in Italy, 7%, and in France, 2%. By 2025, the company has reaffirmed its guides of a income growth of 7%-8%supported by a comparable growth of 4%-5%, an expansion of the network of approximately 3%and a future integration of around 1%. It also projects a local currency growth of 8%-9%, while adjusted its forecast of the EBIT margin to about 24% (from approximately 24.5%) to reflect the difficulties it is going through. And is that the Danish jewelry giant explained that in this second quarter He has faced difficulties derived from the exchange rate, tariffs and prices of raw materials, and has advanced that all these situations will continue to affect their results. It should be remembered that Pandora's jewels are manufactured in Thailandcountry to which the US, which is the largest market of the Danish firm, has imposed 19%tariffs. Pandora now foresees a direct financial impact of American tariffs this year of about 200 million Danish crowns and an annualized impact of 450 million crowns in 2026. «Pandora will consider new price increasesCost reduction measures and other mitigation measures to compensate for the impact, «said the company in its statement, where it also emphasizes that» the moment and scope of the measures will be confirmed «in due time.
Alexander Lacikpresident and executive director of Pandora, has said that «In these turbulent times, we are satisfied with another growth quarter Organic of a single digit and a solid profitability. «» The results show that our brand and our unique narrative proposal continue to attract more consumers and that our global presence allows us We trust that we will meet our goals For the year thanks to an attractive portfolio of products, new marketing and operating agility campaigns. «
