EANS-Adhoc: Wolford Aktiengesellschaft
Wolford gains EUR 4 million from the
sale of a lease option
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Earnings 03.07.2014 Ad-hoc announcement Wolford gains EUR 4 million from the sale of a lease option Bregenz/Vienna, July 3, 2014. Wolford AG realizes net proceeds of about EUR 4 million from the sale of a lease option for a retail location in Switzerland. The sale is taking place on request of the lessor due to the planned renovation of the entire building complex, and will also lead to a pre-tax profit of about EUR 4 million in the first quarter of the current fiscal year 2014/15. Wolford intends to reinvest the proceeds from this sale in the expansion of its network of own retail stores in strategically important locations. Contact: Thomas Melzer (Chief Financial Officer) +43 (0) 5574 690-1258 (IR) Further inquiry note: Wolford AG Frau Karolina Tasek Tel.: +43 5574 690 1258 mailto:karolina.tasek@wolford.com Web: www.wolford.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Wolford Aktiengesellschaft Wolfordstrasse 1 A-6900 Bregenz phone: +43 (0) 5574 690-1258 FAX: +43 (0) 5574 690-1219 mail: karolina.tasek@wolford.com WWW: www.wolford.com sector: Textiles & Clothing ISIN: AT0000834007 indexes: ATX Prime, ATX Global Players stockmarkets: free trade: Frankfurt, regulated dealing: Wien, ADR: New York language: English
Original content of: Wolford Aktiengesellschaft, transmitted by news aktuell