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Wolford Generates Higher Revenue and Reduces Fixed Operating Expenses

Published: December 6, 2017; 07:39 · (Vindobona)

Wolford AG, which is listed on the Vienna Stock Exchange, succeeded in stabilizing its revenue and reducing operating losses in the first half of the current 2017/18 financial year. In the period May to October 2017, revenue rose 3.7% to EUR 70.15 million (previous year: EUR 67.62 million). Second-quarter revenue was up 3.0% to EUR 41.06 million.

Wolford Generates Higher Revenue and Reduces Fixed Operating Expenses / Picture: © Vindobona

Corporate news transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

Quarterly Report

Bregenz -

* Revenue in the first half-year was up by 4%
* Operating losses down to EUR 6.18 million following second-quarter EBIT
* Sustainable decrease in fixed costs
* Bridge loan…

This article includes a total of 1513 words.

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