AI assistant
Wolford AG — Earnings Release 2010
Feb 5, 2010
771_rns_2010-02-05_ef6f7f40-f375-4ad5-99be-00fe3f19bf86.html
Earnings Release
Open in viewerOpens in your device viewer
News Details
Ad-hoc | 5 February 2010 07:31
Wolford AG: Ad hoc announcement: Sales in the third quarter of the 2009/10 fiscal year
Wolford AG / Development of Sales
05.02.2010
Dissemination of an Ad hoc announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement:
Sales in the third quarter of the 2009/10 fiscal year
Wolford increases third-quarter sales
-
Sales in the third quarter up 5.7 percent from previous year
-
Proprietary stores raise third-quarter sales by 12.3 percent
-
Positive earnings outlook
Vienna/Bregenz, February 5, 2010
The perceptible pick-up of sales in the second quarter was confirmed in the
third quarter of the current fiscal year. On balance, sales totaled EUR
44.2 million in the period November 2009 - January 2010, an increase of 5.7
percent compared to the third quarter of the previous fiscal year. In
particular, this positive trend featured a 12.3 percent rise in sales at
Wolford's proprietary stores (boutiques, shop-in-shops and factory
outlets).
In respect to Wolford's core geographic markets, Germany (+6.7 percent),
the USA (+16.7 percent in USD), Great Britain (+9.8 percent in GBP) and
Spain (+17.8 percent) particularly contributed to this increase in sales
during the period under review.
Whereas total sales in the first half-year 2009/10 were down by 10.7
percent from the previous year's level, the positive sales development in
the third quarter enabled the company to limit the decline in sales to -4.9
percent for the first nine months of the 2009/10 fiscal year compared to
the same period of 2008/09.
In respect to earnings, from today's perspective the Executive Board of
Wolford Aktiengesellschaft expects a considerable earnings improvement for
the first nine months as well as for the entire 2009/10 fiscal year in
comparison to the respective periods of the previous year.
Contact: Holger Dahmen (Chief Executive Officer)
Peter Simma (Deputy Chief Executive Officer)
[email protected]
Wolford Aktiengesellschaft, Wolfordstraße 1, A-6901 Bregenz
+43 (0) 5574 690-0
www.wolford.com
The above-mentioned information represents preliminary sales results. The
final sales and earnings figures for the first three quarters of the
2009/10 fiscal year will be announced on Friday, March 19, 2010.
05.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Wolford AG
Wolfordstraße 1
6901 Bregenz
Österreich
Phone: +43/5574/6907434
Fax: +43/5574/6907440
E-mail: [email protected]
Internet: www.wolford.com
ISIN: AT0000834007
WKN: 83400
Indices: ATX
Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in
Frankfurt; Foreign Exchange(s) Wien
End of News DGAP News-Service