Press Releases

The Iconic Event Made a Return to Los Angeles After Six Years

The Four-Time Grammy® Award Winner Was Presented with the Prestigious Honor by Renowned Los Angeles Broadcast Music Journalist Nic Harcourt

WESTLAKE VILLAGE, Calif., May 1, 2024 /PRNewswire/ -- Today, Guitar Center announced the induction of four-time Grammy® winning guitarist Gary Clark Jr. into the retailer's iconic RockWalk. The private ceremony took place at Guitar Center's Hollywood location on... (continue reading...)

SINGAPORE--(BUSINESS WIRE)-- The annual general meeting (“AGM”) of Hafnia Limited (“Hafnia”) is scheduled for 14 May 2024. This planned date is reflected in Hafnia’s financial calendar.

On 9 April 2024, the common shares of Hafnia commenced trading on the New York Stock Exchange (“NYSE”) while continuing to trade on the Oslo Stock Exchange (“OSE”). Following the completion of Hafnia’s dual listing, Hafnia’s process of sending notices of... (continue reading...)

Bagsværd, Denmark, 2 May 2024 - financial report for the period 1 January 2024 to 31 March 2024

• Operating profit increased by 27% in Danish kroner and by 30% at constant exchange rates (CER) to DKK 31.8 billion.

• Sales in North America Operations increased by 34% in Danish kroner (35% at CER). Sales growth in the US was positively impacted by gross-to-net sales adjustments related to prior years. Sales in International Operations increased by 8% in Danish kroner... (continue reading...)

Company Announcement

Copenhagen, 2 May 2024 No. 19/2024

Trading update for 1 January – 31 March 2024

Promising start to the year with continued business improvements

Highlights

• Organic growth was 6.0% in Q1 2024 (Q1 2023: 12.0%). Total revenue for the quarter amounted to DKK 20.1 billion (Q1 2023: DKK 19.3 billion).
• The organic growth development was mainly driven by successful implementation of price increases to offset wage... (continue reading...)

Financial highlights

• The second phase of Pandora’s Phoenix strategy is off to a strong start. Increased investments are elevating brand desirability and showcasing Pandora’s position as a full jewellery brand.
• Continued momentum, helped by the early restaging of the brand, drives strong Q1 2024 trading; organic growth ends at 18% with Like-for-like (LFL) growth of 11% and network expansion of 5%.
• In absolute terms, revenue increased by DKK 1.0 billion compared to Q1... (continue reading...)