Wolford announces results for the first quarter of 2014/15

Press Wire ♦ Published: September 12, 2014; 08:00 ♦ (Vindobona)

Wolford AG, which is listed on the Vienna Stock Exchange, returned to profitability in the first quarter of the 2014/15 financial year (May to July 2014). Revenues declined by a slight 1.1%, or EUR 0.37 million, to EUR 31.91 million, but the development of earnings was sound. EBIT improved from EUR -5.18 million to EUR +3.02 million and EBIT, adjusted for non-recurring income and expenses, improved from EUR -5.18 million to EUR -0.17 million.

Wolford announces results for the first quarter of 2014/15 / Picture: © Vindobona.org

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quarterly report

Wolford announces results for the first quarter of 2014/15

- Substantial earnings improvement and return to profitability
- Revenues slightly below prior year
- Very solid balance sheet structure
- First…

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ISIN
AT0000834007