sur Wolford AG (isin : AT0000834007)
Wolford AG Announces Group Results for the First 6 Months of 2024
Wolford AG has released its group results for the period from January to June 2024. The global sales dropped by 15.7 million EUR from the previous year, totaling 43.1 million EUR in 2024 compared to 58.8 million EUR in 2023.
The primary cause of this decrease was the transition to a new logistics provider, which resulted in unexpected delivery issues. These complications led to a significant backlog in turnover, which is expected to be resolved by the end of August 2024.
Additionally, the closure of unprofitable stores contributed notably to the decline in sales. Despite these challenges, the new management remains committed to Wolford's original business model.
The company maintains its high standards and expresses confidence in the team's ability to overcome these obstacles moving forward.
R. E.
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