Q2 2022 Pandora A/S Earnings Call Transcript

Feb 14, 2024

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Aug 16, 2022 / 09:00AM GMT
Operator

Good morning, everyone. Welcome to the conference call for Pandora's Q2 2020 results. I'm John Backman from the Investor Relations team. I'm joined here in Copenhagen today by our CEO, Alexander Lacik; and our CFO, Anders Boyer; and the rest of the IR team, Kristoffer Malmgren and Adam Fuglsang.

There will be a Q&A session at the end of the call. As usual, please limit your questions to 2 at a time and then kindly get back into the queue if you have additional questions. Slide 2, please. Please pay a notice to the disclaimer on Slide 2 and then turn to Slide 3 and Alexander, please go ahead.

Alexander Lacik - Pandora A/S-President&CEO

Thank you, John, and welcome, everyone, who are joining us today. I'm happy to start out by saying that we have had another record revenue quarter. In fact, it's the third consecutive record quarter. Compared to a clean base in '19, the organic growth in Q2 was 17%, this despite China dragging down the growth by 7 percentage points. In fact, halfway into the year,

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