Wolford AG announces sales figures for the fiscal year 2024
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.

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   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

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   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
                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


    
   End of Announcement EQS News Service


   2092637  27-Feb-2025 CET/CEST

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