×
127
Fashion Jobs
ESTÉE LAUDER
jo Malone London - Business Manager - bt2, Dundrum - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
ESTÉE LAUDER
Clinique - Consultant - Brown Thomas, Cork - 24 Hours - Part-Time - Permanent
Permanent · Cork
ESTÉE LAUDER
Bobbi Brown - Business Manager - Boots, Dundrum - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
L'OREAL GROUP
Business Development Manager - Skinceuticals - Ireland - Active Cosmetics Division
Permanent · Dublin
ESTÉE LAUDER
le Labo - Business Manager - Brown Thomas, Dublin - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
FOOT LOCKER
Manager, Treasury Operations
Permanent · Dublin 1
FOOT LOCKER
Senior Treasury Analyst
Permanent · Dublin 1
SHISEIDO
Nars Account Manager - bt2, Blanchardstown
Permanent · Dublin
SHISEIDO
Nars Account Manager - Brown Thomas, Cork (37.5)
Permanent · Cork
SHISEIDO
Bareminerals Account Manager - Boots, Liffey Valley (37.5)
Permanent · Dublin 22
L'OREAL GROUP
l'Oréal Designer Fragrances Solo Account Manager Brown Thomas Limerick
Permanent · Limerick
L'OREAL GROUP
Atelier Cologne Account Manager Brown Thomas Dublin
Permanent · Dublin
L'OREAL GROUP
l'Oréal Designer Fragrances Mobile Fragrance Consultant
Permanent · Dublin
L'OREAL GROUP
Lancôme Deputy Account Manager Brown Thomas Dublin
Permanent · Dublin
ESTÉE LAUDER
jo Malone London - Stylist - Brown Thomas, Dublin - 22.5 Hours - Part-Time - Permanent
Permanent · Dublin
ESTÉE LAUDER
Aveda - Hair Stylist - Brown Thomas Dublin - 30 Hours - Permanent
Permanent · Dublin
LEVI'S
Recepcionista Sin Experiencia Nosotros te Capacitamos
Fixed-term · GUADALAJARA
MAJE IRLANDE
Sales Assistant, Full Time - Kildare Village Outlet m/f
Permanent · PARIS
RITUALS
Rituals Advisor - Brown Thomas Limerick - 15 Hours Per Week
Permanent · Limerick
SHISEIDO
Nars Assistant Manager - bt Cork (37.5 Hours)
Permanent · Cork
SHISEIDO
Nars Makeup Artist - bt Cork (30 Hours)
Permanent · Cork
L'OREAL GROUP
Lancôme Make-up Artist Boots Liffey Valley 37.5 Hours Perm
Permanent · Dublin
By
Reuters
Published
May 10, 2016
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Pandora operating profit beats estimates, lifts full-year outlook

By
Reuters
Published
May 10, 2016

Shares in jewellery maker Pandora jumped on Tuesday after the company reported a 34 percent rise in quarterly sales of its charms and bracelets and lifted profit and revenue forecasts for the year.



The shares rose as much as 8.8 percent in Copenhagen to 928 Danish crowns, their highest level since early February and taking them into positive territory for the year so far.

"We have had a very strong start to the year, with all geographic regions, as well as all product categories delivering double digit growth rates," Chief Executive Anders Colding Friis said.

Sales had been boosted by an expansion of the company's global store network, he added.

Pandora has added 405 stores to its global network over the past year and now has over 1,800 standalone shops.

The group increased sales forecast for 2016 to more than 20 billion crowns from its previous target of more than 19 billion crowns. It also lifted the forecast for earnings before interest, tax, depreciation and amortisation (EBITDA) margin to more than 38 percent from more than 37 percent.

Pandora mostly focuses on less expensive products than others in the luxury segment including Richemont's Cartier, Tiffany and Bulgari.

The Danish jewellery maker has nearly tripled its revenue since its shares was listed in Copenhagen six years ago and now has around 11,000 employees on factories in Thailand.

Sales in the first three months of 2016 rose by 58 percent in Asia-Pacific from a year earlier and by 47 percent in Europe, Middle East and Africa, Pandora said.
Operating profit rose in the first quarter to 1.76 billion Danish crowns ($269 million) from 1.31 billion crowns, above a forecast for 1.63 billion crowns in a Reuters poll of analysts.

"It's a surprisingly strong result, and the lifting of guidance will support the share price today," analyst Michael Friis Jorgensen from brokerage firm Alm. Brand Markets said.

$1 = 6.5359 Danish crowns

© Thomson Reuters 2021 All rights reserved.