Pandora AS (FRA:3P7)
€ 142.4 0.2 (0.14%) Market Cap: 11.30 Bil Enterprise Value: 13.09 Bil PE Ratio: 18.46 PB Ratio: 20.99 GF Score: 91/100
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Q4 2020 Pandora A/S Earnings Call Transcript

Feb 04, 2021 / 10:00AM GMT
Release Date Price: €79.92 (-2.84%)
John BÃ;ckman

¤ -

Good morning, everyone, and welcome to the conference call for Pandora's Q4 results. I am John Bäckman from the new Investor Relations team. I'm here with our CEO, Alexander Lacik; our CFO, Anders Boyer; and the rest of the Investor Relations team, Kristoffer Malmgren and Mikkel Johansen. (Operator Instructions)

Please pay notice to the disclaimer on Slide 2 and then turn to Slide 3. Alexander, please go ahead.

Alexander Lacik;S;President;CEO
Pandora A

/-&

Thank you, John, and welcome to your first announcement at Pandora. We are really excited to have you onboard. I would also like to welcome everyone that are joining us for the call today.

As already announced in January trading update, we finished 2020 the same way we started the year, with a strong performance. While we haven't fully turned around, we clearly see that the brand is turning around. We initiated Programme NOW 2 years ago. The objective was to stabilize the top line while maintaining industry

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