AI assistant
Wolford AG Earnings Release 2024
771_iss_2025-02-27_f36a3185-8dcf-4996-b98f-a248b36610ae.pdf
Earnings Release
Open in viewerOpens in your device viewer
EQS-Ad-hoc: Wolford AG / Key word(s): Annual Results/Development of Sales Wolford AG: Wolford AG announces sales figures for the fiscal year 2024
27-Feb-2025 / 11:35 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement.
Revenues declined by 30%, dropping from €126M in 2023 to €88M in 2024. The year was marked by challenges and transitions, including macroeconomic uncertainties and logistical disruptions. EMEA (-35% vs last year) is the most affected region, followed by Greater China (-27%) and North America (-17%). The wholesale channel experienced the greatest impact (-44%), primarily due to the transition to a new logistics partner, which caused delays in product deliveries.
In 2025, the company will celebrate its 75th anniversary with a brand push. The focus of the year will be on optimizing product assortment and channel distributions.
The reported figures are unaudited.
End of Inside Information
27-Feb-2025 CET/CEST News transmitted by EQS Group. www.eqs.com
| Language: | English |
|---|---|
| Company: | Wolford AG |
| Wolfordstrasse 1 | |
| 6900 Bregenz | |
| Austria | |
| Phone: | +43/5574/6900 |
| E-mail: | [email protected] |
| Internet: | www.wolford.com |
| ISIN: | AT0000834007 |
| WKN: | 83400 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart; Vienna Stock Exchange (Official Market) |
| EQS News ID: | 2092637 |
End of Announcement EQS News Service