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Pandora reports strong 2024 growth but predicts slower 2025 growth due to economic challenges.
Danish jewelry maker Pandora reported strong growth in 2024 but projects slower growth in 2025, citing economic challenges and higher raw material costs.
Despite a 13% organic growth in 2024, driven by the U.S. market, Pandora expects 7-8% growth in 2025 with a lower operating profit margin of around 24.5%.
The company also announced a new share buy-back program.
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Pandora reporta un fuerte crecimiento en 2024, pero predice un crecimiento más lento en 2025 debido a los desafíos económicos.