Wednesday 27 January 2016

Pandora reports 40% increase in sales in 2015

According to preliminary reports, the Pandora Jewelry Wednesday its turnover in 2015 was about 40 per cent over the previous year 16.7 billion Danish crowns ($ 2.4 billion EUR), exceeds the financial support of DKK 16000000000. This increase is above the favorable exchange rate of about 11 per cent, one percentage than what the company look forward to in November 2015 helped.

Pandora designs and sells her jewelry to Copenhagen, Denmark, the seat and produced pieces Gemopolis, Thailand. It is mainly known for its charm, she sells her jewelry through 9,500 sales outlets, of which more than 1,600 branded stores in more than 90 countries on six continents.

The Company Preliminary EBITDA margin is 37 percent, one percentage point over the 2014 margin. The company, which is an extension mode, the reported investment in 2015, about $ 1 billion Danish kroner (144 million US $), more than double the 2014 expenditure.

Pandora, listed on the Copenhagen Stock Exchange, in 2014 net sales of DKK 11.9 billion (approximately US $ 1.7).

Recently, Pandora was in the spotlight when he warns them by e-mail to retailers in Australia before going to work Karin Adcock, a former president of Pandora Australia and New Zealand, according to reports. In 2013, he founded the house of brands that have recently been the exclusive distributor of the fast-growing American fashion jewelry brand Alex and Ani, which competes in the same retail market as Pandora.

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