EANS-Adhoc: Wolford AG: Adjustment of outlook
-------------------------------------------------------------------------------- Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Earnings Forecast 15.01.2019 Bregenz - After being presented with the results of the Christmas business and in light of the ongoing market weakness in January 2019, the Management Board does not expect the company to achieve positive operating earnings (EBIT) in the current 2018/19 financial year (May 1, 2018 - April 30, 2019) in spite of the positive cost effects generated by the restructuring program to date. Accordingly, the Management Board revises its previous forecast and now anticipates a loss in the 2018/19 financial year. Further inquiry note: Wolford AG Maresa Hoffmann Investor Relations & Corporate Communications Tel.: +43 5574 690 1258 investor@wolford.com | company.wolford.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Wolford Aktiengesellschaft Wolfordstrasse 1 A-6900 Bregenz phone: +43(0) 5574 690-1268 FAX: +43(0) 5574 690-1219 mail: investor@wolford.com WWW: http://company.wolford.com ISIN: AT0000834007 indexes: ATX GP stockmarkets: Frankfurt, Wien, New York language: English
Original content of: Wolford Aktiengesellschaft, transmitted by news aktuell