PRESS RELEASE
from Wolford AG (isin : AT0000834007)
EQS-Adhoc: Wolford AG: Wolford AG announces sales figures for the fiscal year 2024
EQS-Ad-hoc: Wolford AG / Key word(s): Annual Results/Development of Sales
Wolford AG: Wolford AG announces sales figures for the fiscal year 2024
27-Feb-2025 / 11:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
Revenues declined by 30%, dropping from €126M in 2023 to €88M in 2024. The year was marked by challenges and transitions, including macroeconomic uncertainties and logistical disruptions. EMEA (-35% vs last year) is the most affected region, followed by Greater China (-27%) and North America (-17%). The wholesale channel experienced the greatest impact (-44%), primarily due to the transition to a new logistics partner, which caused delays in product deliveries.
In 2025, the company will celebrate its 75th anniversary with a brand push. The focus of the year will be on optimizing product assortment and channel distributions.
The reported figures are unaudited.
In 2025, the company will celebrate its 75th anniversary with a brand push. The focus of the year will be on optimizing product assortment and channel distributions.
The reported figures are unaudited.
End of Inside Information
27-Feb-2025 CET/CEST News transmitted by EQS Group. www.eqs.com
| Language: | English |
| Company: | Wolford AG |
| Wolfordstrasse 1 | |
| 6900 Bregenz | |
| Austria | |
| Phone: | +43/5574/6900 |
| E-mail: | investor@wolford.com |
| Internet: | www.wolford.com |
| ISIN: | AT0000834007 |
| WKN: | 83400 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart; Vienna Stock Exchange (Official Market) |
| EQS News ID: | 2092637 |
| End of Announcement | EQS News Service |
2092637 27-Feb-2025 CET/CEST