Q3 2023 Pandora A/S Earnings Call Transcript

Feb 14, 2024

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Nov 08, 2023 / 10:00AM GMT
Bilal Aziz - Pandora A/S-VP of IR&Treasury

Good morning, everyone, and welcome to the conference call for Pandora's third 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 remainder IR team. (Operator Instructions) Please pay notice to the disclaimer on Slide 2 and turn to Slide 3.

I will now turn over to Alexander.

Alexander Lacik - Pandora A/S-President&CEO

Good morning. Thank you, Bilal, and welcome, everyone. First, let me begin with some key highlights from the third quarter.

We're very pleased that delivering a strong quarter. This once again demonstrates how the Phoenix strategy is coming together to really drive strong growth. The organic growth ended at plus 11%, and our like-for-like accelerated to plus 9% in the quarter. We can clearly see that we've got good brand momentum from the various initiatives we're implementing and

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