Dan­ish jew­eller posts strong rise in Q2 profit

China Daily (USA) - - BUSINESS -

Dan­ish jew­elry gi­ant Pan­dora re­vealed a ro­bust profit for the se­cond quar­ter of 2016, backed by sales growth in all ge­o­graphic re­gions. “Growth in all re­gions con­tin­ued into the se­cond quar­ter ... All re­gions were sup­ported by our con­tin­ued fo­cus on prod­uct di­ver­si­fi­ca­tion into rings and ear­rings,” Pan­dora CEO Anders Cold­ing Friis said in a press state­ment. The group reg­is­tered earn­ings be­fore in­ter­est, tax, de­pre­ci­a­tion and amor­ti­za­tion of 1.609 bil­lion Dan­ish kro­ner ($240 mil­lion), up 23 per­cent from 1.311 bil­lion

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