woldford news and archive

Wolford expects its restructuring plan to save 10 million euros

In view of the continuing negative revenue development in the financial year 2018/19, which has witnessed a decline of 9 percent between May 2018 to February 2019, the management board of Wolford Ag has initiated comprehensive restructuring measures with sustainable cost saving potential to bring the company’s cost structure in line with the...

Business

Wolford posts 3.4 percent decline in annual revenue

Wolford AG, for the 2017/18 financial year reported revenue decline by 3.4 percent to 149.07 million euros (174.2 million dollars). Adjusted for currency items, the company said, the downturn in revenues came to 1.4 percent. Hover over the graph to learn more. Wolford added that given the systematic reduction in current expenses, operating...