Wolford Group Reports Stable Results

CompaniesRetail & Consumer ♦ Published: March 16, 2012; 12:18 ♦ (Vindobona)

The Austrian textile company posted almost unchanged sales and profits figures. The outlook is cautiously positive.

Wolford Group Reports Stable Results / Picture: © Wolford AG

The Wolford Group achieved a slight rise in sales during the first three quarters of 2011/12 based on a relatively strong performance in the prior-year period, which was characterized by a significantly more favorable business environment. Whereas sales in the second quarter were considerably burdened by the general market uncertainty, the Wolford Group increased…