SECOND QUARTER RESULTS 2021

INVESTOR PRESENTATION 17 AUGUST 2021

AGENDA

Q2 RESULTS

  1. EXECUTIVE SUMMARY
  2. BUSINESS UPDATE
  3. Q2 2021 FINANCIALS
  4. FINANCIAL GUIDANCE
  5. APPENDIX

DISCLAIMER

This presentation contains forward-looking statements, which include estimates of financial performance and targets. These statements are not guarantees of future performance and involve certain risks and uncertainties. Therefore, actual future results and trends may differ materially from what is forecast in this report due to a variety of factors.

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STRONG MOMENTUM

CONTINUES

SOLID REVENUE GROWTH AND EBIT MARGIN IN Q2 2021

$

Sell-out growth in Q2 2021

US sell-out growth of 63%

EBIT margin of 25.2%

ending at 7% vs 2019

and sequential

driven by operating leverage

despite 15% of stores

improvement in key

and lifted by US growth

temporarily closed

European markets vs 2019

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2021 GUIDANCE UPGRADE

Organic growth "16-18%"

EBIT margin "23-24%"

Cash distribution to

(3-5% vs 2019)

Before "Above 22%"

shareholders

Before "Above 12%"

continues

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AGENDA

Q2 RESULTS

  1. EXECUTIVE SUMMARY
  2. BUSINESS UPDATE
  3. Q2 2021 FINANCIALS
  4. FINANCIAL GUIDANCE
  5. APPENDIX

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Attachments

Disclaimer

Pandora A/S published this content on 17 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2021 07:52:02 UTC.