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Wolford Reports Drop in Earnings
Companies ♦
Published: December 16, 2011; 14:27 ♦ (Vindobona)
The Austrian clothing company recorded sales of € 73.6m in the first half of FY 2011/12. EBITDA came in at € 6.6m slightly lower than in the previous year.
Wolford Reports Drop in Earnings / Picture: © Wolford AG
Wolford Aktiengesellschaft generated sales of € 73.6m in the first half of the current fiscal year (May 1, 2011 to October 31, 2011), thus maintaining the level of sales achieved in the previous year (first HY 2010/11: € 74.0m). Adjusted for currency effects, sales were up by 1.0%. This development must be considered against the backdrop of the ongoing market uncertainty and the…
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