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
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
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 Groups
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
After processing these tenders, Fosun will hold around 58 percent of Wolfords 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
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
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
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,
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
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