PRESSEPORTAL Presseportal Logo
All Stories
Subscribe to Wolford Aktiengesellschaft

15.01.2019 – 10:37

Wolford Aktiengesellschaft

EANS-Adhoc: Wolford AG: Adjustment of outlook

  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is responsible for the content of this announcement.

Earnings Forecast

Bregenz - After being presented with the results of the Christmas business and
in light of the ongoing market weakness in January 2019, the Management Board
does not expect the company to achieve positive operating earnings (EBIT) in the
current 2018/19 financial year (May 1, 2018 - April 30, 2019) in spite of the
positive cost effects generated by the restructuring program to date.
Accordingly, the Management Board revises its previous forecast and now
anticipates a loss in the 2018/19 financial year.

Further inquiry note:
Wolford AG
Maresa Hoffmann
Investor Relations & Corporate Communications
Tel.: +43 5574 690 1258 |

end of announcement                         euro adhoc

issuer:       Wolford Aktiengesellschaft
              Wolfordstrasse 1
              A-6900 Bregenz
phone:        +43(0) 5574 690-1268
FAX:          +43(0) 5574 690-1219
ISIN:         AT0000834007
indexes:      ATX GP
stockmarkets: Frankfurt, Wien, New York
language:     English

Original content of: Wolford Aktiengesellschaft, transmitted by news aktuell