Pandora has recorded record revenue in its fourth quarter results, driving its share price up on Wednesday morning.

The charm-bracelet manufacturer reported full year organic growth of 23 per cent compared to 2020, exceeding guidance.

Its earnings before interest and tax margin grew 25 per cent, also higher than anticipated.

Sales were driven by US shoppers, with sell-out growth of 39 per cent in the period compared to the fourth quarter of 2019.