Wolford AG was confronted in the first half of the current financial year 2025 with the “after -effects of business disorders”.
In the first six months, the sales of the Austrian clothing provider decreased by 10.1 million euros to EUR 33 million in the previous year, according to an ad hoc report published on Thursday. Wolford attributes the decline to “persistent effects of delivery delays and branch closings”, which were initiated last year. Although the problems were structurally remedied at the end of 2024, the consequences of revenues had an impact in the first quarter of 2025.
Despite the significant decline in sales, the result before interest and taxes (EBIT) was “relatively stable. Wolford had managed to reduce the cost base. Total and efficiency measures that have been initiated in the past few months. Transformation is implemented that aims at restoring long -term resilience and profitability, ”says the message. The first signs of recovery are expected to be expected in the second half of the year.
With a view to the year in 2025, Wolford expects no significant negative influence of the commercial environment characterized by sales and the result.