Business
Pandora delivers 8% organic growth in Q2
FINANCIAL HIGHLIGHTS In Q2 2025, Pandora continued to deliver solid revenue growth and margins despite the increasingly turbulent macroeconomic backdrop as well as headwind from foreign exchange, tariffs and commodity prices. Q2 2025 organic growth ended at 8%. Like-for-like (LFL) was 3% and network expansion added 5% to growth. LFL growth in the US remained strong at 8%, and Rest of Pandora was robust at 6%. Despite some challenges in the four European markets disclosed separately, overall LFL

About this update from Pandora A/s
FINANCIAL HIGHLIGHTS PHOENIX STRATEGY HIGHLIGHTS 2025 GUIDANCE AND CURRENT TRADING Alexander Lacik, President and CEO of Pandora, says: “In these turbulent times, we are satisfied with yet another quarter of high single-digit organic growth and strong profitability. The results show that our brand and unique storytelling proposition continue to attract more consumers and that our global footprint enables us to balance ups and downs across the markets. Despite the macroeconomic challenges to top and bottom line, we are confident that we will deliver on our targets for the year driven by an exciting product pipeline, new marketing campaigns and operational agility.” Attachments