World's largest jeweler jumps 7% as CEO says firm wants to pivot from silver
CNBC·2026-02-05 08:24

Core Viewpoint - Pandora, the world's largest jeweler by volume, is addressing investor concerns regarding its reliance on silver by introducing platinum-plated jewelry and guiding for flat organic growth in 2026 [1][2] Group 1: Company Performance - Copenhagen-listed shares of Pandora rose by as much as 7% following the announcement of its quarterly earnings report [1] - The company reported guidance for largely flat organic growth in 2026 [1] Group 2: Market Strategy - In response to the volatility of silver prices, which have more than doubled over the past year, the company plans to decouple its operations from silver trading [2] - CEO Berta de Pablos-Barbier emphasized the need to address the company's reliance on silver in order to stabilize its business [2]

World's largest jeweler jumps 7% as CEO says firm wants to pivot from silver - Reportify