Pandora, the world’s largest jeweler by quantity, rose in morning buying and selling Thursday after the corporate addressed investor considerations about its reliance on silver.
Copenhagen-listed shares have been up as a lot as 7% after it guided for largely flat natural development in 2026 alongside its quarterly earnings report, and stated it might introduce platinum-plated jewellery after the value of silver had greater than doubled over the previous yr.
“In the event you have a look at our volatility of silver, one of many issues that we’ve got to [do] for the corporate is to decouple that from the silver buying and selling,” CEO Berta de Pablos-Barbier advised CNBC’s “Squawk Field Europe.”
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