Conditions remain difficult, both geopolitically and economically Sales up 29% year-over-year Earnings (EBIT) down 14% due to high costs caused by Inflation Progress made on market and brand positioning Stabilization of the positive sales trend expected for the year overall Management changes In July and August 2022 a number of supervisory and management board changes
Revenues € 108,945 million EBITDA € 8,535 EBITDA margin 7.8% EBIT € -5,263 EBIT margin -4.8% Earnings after taxes € -12,332 Wolford delivered a resilient and encouraging performance with a significant turnaround in EBITDA, and demonstrated a clear path to sustainable growth despite the challenging market conditions in 2021. The company delivered positive 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
Bregenz, 12. May 2021: Following the reopening of stores in Europe, the USA, and China after the first wave of Covid-19 in the second quarter of 2020, the renewed lockdown in Europe since October 2020 has led to significant business losses, which will extend in all probability into the second half of 2021. Nevertheless, Wolford
Wolford AG postpones the publication of its audited annual financial statements as at 31 December 2020 and its audited consolidated financial statements as at 31 December 2020. The auditor has announced that the planned date cannot be met due to not timely received external audit evidence. The audit procedures will be finalized promptly. It is
Strong first half year despite Covid-19: sales stabilized, earnings increased by 6 % compared to previous year, break-even 2021 within reach! Bregenz, December 23, 2020: The first six months of the new short fiscal year 2020 of the Wolford AG, listed on Vienna Stock Exchange, were strongly marked by the impacts of the first Covid-19-related
Downturn in revenues and earnings due to coronavirus crisis New Management Board team focuses on comprehensive transformation, first positive results already visible Bregenz, July 23, 2020: Wolford AG, which is listed on Vienna Stock Exchange, has published today their annual financial statement for the fiscal year 2019/20 (May 2019 to April 2020). Wolford AG generated
Headquarters and production remain on site Fresh capital for debt reduction and securing the company's future Wolford AG is currently in the final phase of negotiations with the Blum Group on the sale and rental of the company property in Bregenz, Wolfordstraße 1 and 2. The purchase price offered amounts to approximately EUR 72 million.
March 2020, Bregenz – Austrian Skinwear specialist Wolford rearranges production in its headquarters in Bregenz and factory in Slovenia from tights and bodies to face masks for the challenging time ahead. Using its high-quality material, knitting technique and expertise for product finishing the brand has quickly been able to adapt production processes to actual requirements.