Wolford AG: Detailed Figures Announced for the First Quarter of 2018/19

Sustainable reduction of fixed costs Net debt cut in half Successful rollout of the new shop window concept Bregenz, September 7, 2018: Wolford AG, which is listed on the Vienna Stock Exchange, generated revenue of € 25.01 million in the first three months of the current financial year, comprising a decline of 14% compared to €

2020-02-19T13:45:55+01:00September 7th, 2018|

Changeover from Prime Market to the Standard Market

Within the context of the index adjustments of the ATX Committee of the Vienna Stock Exchange, shares of the publicly listed company Wolford AG will no longer be traded on the Prime Market as of September 24, 2018 and will replace on the Standard Market. The underlying reason is that less than 10% of Wolford

2020-02-19T13:45:55+01:00September 5th, 2018|

Wolford AG: Visible success of restructuring program – free cash flow now positive again

• Loss reduced by more than a third • Successful capital increase boosts equity base • Key focus on digitization and internationalization Bregenz, 7. 13. 2018: Wolford AG, which is listed on the Vienna Stock Exchange, today published its annual financial statements for the 2017/18 financial year (May 2017 to April 2018). The Wolford Group’s

2020-02-19T13:45:56+01:00July 13th, 2018|

Publication of inside information pursuant to Art 17 of Regulation (EU) Nr. 596/2014 – Wolford AG announces preliminary result of the rights offering

On 18 June 2018, the management board of Wolford AG published the launch of the rights offering which implements the ordinary capital increase from currently EUR 36,500,000 to EUR 48,848,227.88 by issue of 1,719,151 new shares, which had been resolved by the extraordinary general meeting of Wolford AG on 4 May 2018. Wolford AG herewith

2020-02-19T13:45:56+01:00July 5th, 2018|

Shareholders tender 7 percent of shares to Fosun as of expiry of first acceptance period within takeover offer

After processing these tenders, Fosun will hold around 58 percent of Wolford’s shares 3-month additional acceptance period for Wolford shareholders from May 9, 2018   May 11, 2018: Late on the evening of Wednesday, May 9, 2018, Fosun Industrial Holdings Limited (the “bidder”) published the results of the anticipatory mandatory offer (takeover offer) to acquire

2020-02-19T13:45:56+01:00May 11th, 2018|

Successful Completion of Fosun’s Acquisition of a Majority Stake in Wolford

Fosun Industrial Holdings Limited (Fosun) is now the new majority shareholder of Wolford with a stake of close to 51% Management Board welcomes the participation of the new anchor shareholder Fosun representatives underscore growth potential of the company   Bregenz, May 4, 2018: With the so-called closing of the transaction today, the process of selling

2020-02-19T13:45:56+01:00May 4th, 2018|

Wolford AG: Operating Losses Cut in Half in the First Nine Months of the 2017/18 Financial Year

Slightly revenue increase Sustainable reduction in fixed costs Operating losses were halved Planned capital increase   Vienna/Bregenz, March 16, 2018: Wolford AG, which is listed on the Vienna Stock Exchange, slightly increased revenue in the first nine months of the current financial year and significantly reduced its losses. In the period May 2017 to January

2020-02-19T13:45:57+01:00March 16th, 2018|

Wolford Generates Higher Revenue and Reduces Fixed Operating Expenses

Wolford Generates Higher Revenue and Reduces Fixed Operating Expenses Revenue in the first half-year was up by 4% Operating losses down to € 6.18 million following second-quarter EBIT Sustainable decrease in fixed costs Bridge loan repaid ahead of schedule Outlook confirmed Vienna/Bregenz, December 6, 2017. Wolford AG, which is listed on the Vienna Stock Exchange,

2020-02-19T13:45:57+01:00December 6th, 2017|

Wolford Accelerates Its Cost Reduction Program

Wolford AG, which is listed on the Vienna Stock Exchange, is accelerating implementation of its cost reduction measures, as previously announced. This mainly involves the downsizing of its administrative staff. Since July 2017 Wolford has already decreased its workforce by 41 full-time positions, partly by natural attrition or by not filling vacant positions. The personnel

2020-02-19T13:45:42+01:00October 16th, 2017|

Wolford AG: Detailed figures presented for first quarter of 2017/18

Vienna/Bregenz, September 8, 2017: Wolford AG, which is listed on the Vienna Stock Exchange, stabilized its revenues in the first quarter of its current financial year (May 2017 – July 2017). Adjusted for currency items, revenues grew by 4.9% to € 29.09 million. Consistent with this growth, operating earnings also improved on the weak previous

2020-02-19T13:45:42+01:00September 8th, 2017|
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