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Wolford Aktiengesellschaft

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

03.07.2014 – 08:01

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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

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