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Pandora achieves LFL sales growth of 11 percent

In the first quarter, Pandora delivered organic growth of 18 percent which consisted of LFL growth of 11 percent and network expansion of 5 percent. The company’s organic growth guidance is upgraded to 8 to 10 percent against prior outlook of 6 to 9 percent, while the EBIT margin guidance remains unchanged at around 25 percent. Commenting on the...