12 / 143
PANDORA ANNUAL REPORT 2016
10 • PANDORA IN 2016
Q1
Q2
2016 HIGHLIGHTS
CAPITAL MARKETS DAY
IN THAILAND
We hosted a day to update analysts,
institutional investors and the media
on our strategy in the Asia Pacific
region. The day also included insights
into our supply chain and a tour of
our crafting facilities in Gemopolis,
Bangkok.
TAKING OVER DISTRIBUTION IN
SINGAPORE, MACAO AND THE
PHILIPPINES
We acquired the Norbreeze Group’s
PANDORA store network in Singapore
and Macao. We also entered into a
new agreement with our distributor in
the Philippines and opened an office
in Singapore.
PANDORA ACQUITTED
IN COURT CASE
The Eastern High Court in
Copenhagen, Denmark, passed verdict
in the appeal case against PANDORA
regarding the announcement date
of the downward adjustment in
our revenue expectations in 2011.
PANDORA was acquitted on all
counts.
RETURNING DKK 5.5 BILLION
TO SHAREHOLDERS
In connection with the release of our
2015 Annual Report and the Annual
General Meeting, it was decided to
return DKK 5.5 billion to shareholders
through dividends and share buyback.
UPGRADING AROUND
200 STORES IN THE US
US jewellery chain Jared began
the upgrading of around 200 stores
to PANDORA shop-in-shops. The
upgrade was completed by the end of
2016.
THE UNIQUE THANK YOU
Our Unique Thank You campaign,
including an online film, launched
in time for Mother’s Day. Later in the
year, the campaign won Gold in the
Online Advertising Branded Content
category at the Lovie Awards.
PANDORA RECOGNISED
FOR QUALITY
PANDORA received the Quality Best
Practices Award from the European
Society for Quality Research in
recognition of our organisational
excellence and manufacturing quality.