Thursday, May 19, 2011

Pandora Q1 Sales Up 41%


Danish charm jewelry company Pandora reported a 41 percent increase in sales to 1.74 billion Danish Krones ($333.8 million) in the first quarter. Net profit increased 90.7 percent to 515 million Danish krones ($98.8 million). “We experienced strong underlying growth in Q1 and implemented price increases in most markets to balance the impact of rising gold and silver prices,” Mikkel Vendelin

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