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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
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| Language: |
English |
| Company: |
Wolford AG |
|
Wolfordstrasse 1 |
|
6900 Bregenz |
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Austria |
| Phone: |
+43/5574/6900 |
| E-mail: |
investor@wolford.com |
| 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 |
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| End of Announcement |
EQS News Service |
2092637 27-Feb-2025 CET/CEST
