Pandora AS (OTCPK:PANDY)
$ 40.675 0.925 (2.33%) Market Cap: 12.87 Bil Enterprise Value: 14.93 Bil PE Ratio: 19.46 PB Ratio: 25.79 GF Score: 92/100

Q1 2023 Pandora A/S Earnings Call Transcript

May 03, 2023 / 09:00AM GMT
Release Date Price: $23.1 (-0.73%)
Bilal Aziz;S;VP of IR;Treasury
Pandora A

/-&

Good morning, everyone, and welcome to the conference call for Pandora's first quarter results for 2023. I'm Bilal Aziz from the Investor Relations Team. And I'm joined here by our CEO, Alexander Lacik; CFO, Anders Boyer; and the IR Team.

As usual, there will be a Q&A session at the end of the call. If you could kindly limit yourself to 2 questions at a time, then that would be great. Please pay notice to the disclaimer on Slide 2 and turn to Slide 3.

I will now turn over to Alexander.

Alexander Lacik;S;President;CEO
Pandora A

/-&

Thank you, Bilal. And welcome, everyone. Let me start by sharing some key highlights from our first quarter. As you all know, the macroeconomic environment continues to remain challenging, with consumers still under pressure. Despite it --despite this, we've just delivered yet another quarter which demonstrates our resiliency. The organic growth ended up plus 1

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