EANS-Adhoc: Wolford Aktiengesellschaft Wolford gains EUR 4 million from the
sale of a lease option
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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
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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
