Pandora profits drop despite being “halfway through turnaround plan”
// Pandora profits dropped by 42% to £436 million in the 2019 financial year
// Revenue dropped by 4% £2.5 billion
// Black Friday drove online like-for-like sales by 28%Pandora was forced to lean heavily on Christmas as its profit dropped by over 40 per cent in 2019.
Profit before tax fell by 42 per cent to 3.8 billion Danish krone (£436 million) in the 2019 financial year, while revenue dropped by around four per cent to 21.9 billion krone (£2.5 billion).
The fall in pr
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