Pandora Q2 EBIT rises 14% to DKK 1.46 billion; revenue increases 2% to DKK 7.22 billion
Reuters2026/08/12 15:37- Pandora Q2 2026 revenue rose 2% to DKK 7.22 billion, while organic growth slowed to 3% from 8% a year earlier.
- EBIT climbed 14% to DKK 1.46 billion, lifting the EBIT margin 2.1 percentage points to 20.3%.
- Gross margin widened to 80.5% due to a partial refund on a US IEEPA tariff claim; excluding it, gross margin was 78.2%.
- Guidance for 2026 was raised to 0%-3% organic growth and a 22%-23% EBIT margin, reflecting the one-off tariff income.
- CEO Berta de Pablos-Barbier said early actions to re-energize growth are showing progress; Q3 like-for-like growth ran at mid-single digits.
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