Wolford reports positive earnings for the first nine months of 2014/15

♦ Published: March 13, 2015; 07:31 ♦ (Vindobona)

Wolford AG, which is listed on the Vienna Stock Exchange, generated positive net earnings of EUR 4.5 million in the first nine months of the 2014/15 financial year. Revenues declined slightly by 1.9% to EUR 121.1 million, but EBIT rose by nearly EUR 5 million from EUR 2.2 million to EUR 7.1 million. EBIT adjusted for non-recurring income and expenses also improved from EUR 2.8 million to EUR 4.1 million.

Wolford reports positive earnings for the first nine months of 2014/15 / Picture: © Vindobona.org

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9-month report/Report on the third quarter

- Positive net earnings
- Revenues slightly below previous year
- Strategic refocussing on sound course
- Management Board team complete since January 7
- Full-year target…