Pandora A/S Upgraded financial guidance for 2021. The company Expectations for organic growth are increased to “16%-18%”, from “Above 12%”, and expectations for EBIT margin are increased to “23%-24%”, from “Above 22%”. The updated guidance is based on the assumption that 5% of the stores will be temporarily closed or severely impacted due to COVID-19 during the second half of 2021 (previously 5-10%). Today, around 6% of the stores are temporarily closed or severely impacted due to COVID-19. The updated guidance also assumes that COVID-19 will have no major negative impact on production and supply chain. COVID-19 is still expected to impact organic growth negatively by around -6% for the full year.