The Executive Board of Wolford AG has decided today to start the process for a capital increase. The capital increase is intended to provide the company with additional equity. The capital increase is expected to be completed by the first quarter of 2023 at the latest.
At Wolford, we lead the market with exceptional European skin wear. We believe that the future of fashion is about substance. We are on a mission to drive progress through empowerment & liberation. Sparking an united journey with passion and an entrepreneurial mind set. We are committed to a better tomorrow, an open world. Embracing
In July and August 2022 a number of supervisory and management board changes were made. The team today remains focused on driving top line growth and strengthening operational controls across the business. With sales of € 54.3 million for the reporting period January to June 2022, Wolford records a significant improvement of 29.4% compared to
The Supervisory Board today appointed Mr. Paul Kotrba (49) as a new member of the Executive Board for a period of 6 months (interim) from August 1, 2022. During this period, the Supervisory Board will conduct the appointment process for a new Executive Board member. As COO, Paul Kotrba will be in charge of Supply
Bregenz, 13 July 2022 - The member of the management board Andrew Thorndike and the supervisory board today mutually agreed to terminate Andrew Thorndike's board mandate effective 31 July 2022. The supervisory board expressively thanks Andrew Thorndike for his commitment to the company. Andrew Thorndike has been Chief Operating Officer (COO) of Wolford AG since
EBITDA € 8,535 EBITDA margin 7.8% EBIT € -5,263 EBIT margin -4.8% Earnings after taxes € -12,332 With sales of € 108.9 million for the reporting period January to December 2021, Wolford AG beat the previous year (January to December 2020) by approximately € 13.2 million (approx. 14%). EBITDA (operating result before depreciation and amortization
Wolford AG: Postponement of the publication of the audited financial statements and of the General Meeting. Positive EBITDA and negative EBIT expected for the financial year 2021.
Wolford AG further postpones the publication of the audited annual financial statements as of December 31, 2021 and the audited consolidated financial statements as of December 31, 2021. The audited annual financial statements and the audited consolidated financial statements are to be published no later than June 17, 2022. The Annual General Meeting for the
Wolford AG postpones the publication of the audited annual financial statements as of December 31, 2021 and the audited consolidated financial statements as of December 31, 2021. The auditor has informed that the planned date cannot be met due to not receiving audit documents in time. The audit procedures will be finalized as soon as
Bregenz, August 27, 2021: The first 6 months of the fiscal year 2021, from January to June, developed similarly to the last months of 2020. While trading in the US and China continued solid growth, ongoing and new Corona measures, particularly lockdowns, led to significant business losses in Europe Strong 1st half-year with double-digit sales
Andrew Thorndike (COO) and Silvia Azzali (CCO) extended as members of the Executive Board until Dec. 31, 2024
The Supervisory Board of Wolford AG on 19th of May 2021 decided to extend the engagement of Andrew Thorndike as a member of the Executive Board beyond September 30, 2021, and the engagement of Silvia Azzali as a member of the Executive Board beyond October 31, 2021, in each case until December 31, 2024. The