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Wolford AG: Revenue Growth and Lower Earnings in the First Quarter

Published: September 14, 2015; 07:30 · (Vindobona)

Wolford AG, which is listed on the Vienna Stock Exchange, significantly increased revenues in the first quarter of the 2015/16 financial year (May - July 2015). Thanks to positive currency effects, revenues rose 6.5% from the prior-year quarter to EUR 34.0 million. The USA, the most important sales market for Wolford, and Great Britain grew even excluding currency tailwinds.

Wolford AG: Revenue Growth and Lower Earnings in the First Quarter / Picture: © Vindobona

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quarterly report

* Increase in revenues due to currency effects
* Weaker earnings impacted by one-off effects
* Positive development in retail and online business
* Progress in the strategic realignment of the company
*…

This article includes a total of 1774 words.

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