STOCKHOLM, Jan 9 (Reuters) - Danish jewellery group Pandora warned on Friday its full-year organic sales growth for 2025 would land at 6%, below its previous guidance of 7-8%, sending its shares down.
Pandora said in a preliminary reading of 2025 results that it expected an operating profit margin of around 24%, in line with its previous guidance.
"The top-line performance reflects a year marked by a generally weak consumer sentiment, with North America being particularly impacted in the fourth quarter," it said in a statement.
"The bottom-line performance demonstrates strong gross margins and cost discipline which partially offset significant external headwinds from commodity prices, foreign exchange rates, and tariffs."
Shares in the company, which is due to publish its full fourth-quarter earnings report on February 5, were down 5% at 1106 GMT.