EQS-Adhoc: Wolford AG: Wolford AG announces group results for the first 6 months of 2024
   EQS-Ad-hoc: Wolford AG / Key word(s): Development of Sales/Half Year
   Results
   Wolford AG: Wolford AG announces group results for the first 6 months of
   2024

   23-Aug-2024 / 12:30 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 AG.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   Wolford hereby publishes the Group Sales for the reporting period from
   January to June 2024. The global sales decreased by 15.7 mEUR compared to
   last year to 43.1 mEUR (2023: 58,8 mEUR). Wolford experienced this
   decrease in Q2 due to the transition to a new logistics provider which led
   to unexpected delivery problems caused by the provider. The resulting
   turnover backlog is confirmed to be eliminated by end of August 2024. The
   closure of unprofitable stores was another factor that had a significant
   impact on the result.

   Despite these declines, the new management will stick to Wolford’s
   business model and therefore sees no reason to modify it. The company will
   not compromise on its high standards and is confident that the team can
   navigate these challenges.

   End of Inside Information

   ══════════════════════════════════════════════════════════════════════════

   23-Aug-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com

   ══════════════════════════════════════════════════════════════════════════

   Language:    English
   Company:     Wolford AG
                Wolfordstrasse 1
                6900 Bregenz
                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: 1974157


    
   End of Announcement EQS News Service


   1974157  23-Aug-2024 CET/CEST

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