Jewelry maker Pandora sees continued sales decline in 2020

This post was originally published on this site
https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEG130DU_L.jpg

COPENHAGEN (Reuters) – Danish jewelry maker Pandora’s (CO:) fourth-quarter operating profit on Tuesday beat forecasts despite disappointing sales in China while it said its 2020 organic sales growth is expected to fall by 3%-6%.

Fourth-quarter earnings before interest tax (EBIT) and excluding restructuring costs were 2.81 billion Danish crowns ($416.01 million), above the 2.75 billion crowns expected by 16 analysts in a poll compiled by Pandora .

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment