Wolford Aktiengesellschaft

EANS-Adhoc: Wolford AG sells non-operational real estate

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  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
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Earnings/Sale of non-operating asset
27.05.2014


Bregenz/Vienna, May 27, 2014. Wolford AG concluded an agreement on May 26, 2014
to sell a non-operating real estate in Bregenz, Austria, to an internationally
active company based in Vorarlberg, Austria. Thus the intensive negotiations on
the sale of the property carried out over a period of several weeks were
successively completed. The net proceeds from the sale amount to approx. EUR 6.7
million, leading to a book profit of ca. EUR 3.4 million in the first quarter of
the fiscal year 2014/15. "The disposal of non-operating assets is a key
component of our strategic refocusing which we will be able to finance from our
own resources, among others the proceeds from this real estate sale", explains
Thomas Melzer, Chief Financial Officer of Wolford AG.


Further inquiry note:
Wolford AG
Axel Dreher (COO / CTO)
Thomas Melzer (CFO)
+43 (0) 5574 690-1258 (IR)

end of announcement                               euro adhoc 
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issuer:      Wolford Aktiengesellschaft
             Wolfordstrasse 1
             A-6900 Bregenz
phone:       +43 (0) 5574 690-1258
FAX:         +43 (0) 5574 690-1219
mail:     karolina.tasek@wolford.com
WWW:      www.wolford.com
sector:      Textiles & Clothing
ISIN:        AT0000834007
indexes:     ATX Prime, ATX Global Players
stockmarkets: free trade: Frankfurt, regulated dealing: Wien, ADR: New York 
language:   English
 

Original-Content von: Wolford Aktiengesellschaft, übermittelt durch news aktuell

Weitere Meldungen: Wolford Aktiengesellschaft

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