Sunday, April 15, 2018

As a result of the 1st quarter of 2014, Pandora's revenues increased by 29.5% year-on-year to $ 478 million (DKK 2.59 billion), Rapaport reports. The profit of Pandora jumped 60.7% to $ 129.9 million (DKK 704 million). The margin of profit as a percentage of sales increased to 69.1% compared with 65.6% for the same period a year earlier.
Sales by number of items increased by 26.6%, and the average cost of products slightly increased to $ 24.17 per unit. In terms of local currency, Pandora's sales showed an increase of 9.2% in the US and 42.1% in the rest of the region within the US division of the company. Sales in Australia grew by 16.1%, sales in Europe showed an increase of 52.3% in the UK, 12% in Germany and 55.2% in other markets.

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