Thursday, 7 April 2011

Strong sales lift profits at Wolford

Innovative Austrian hosiery and lingerie manufacturing brand Wolford posted a strong third quarter 2010/11, continuing the positive trend of the first two quarters. Sales at the international fashion company in the first nine months of the current fiscal year (May 1, 2010 – January 31, 2011) rose by 6.6% to EUR 120.0 million, but operating performance indicators developed even more gratifyingly, with profit from continuing operations improving by 93% on the previous year, from EUR 4.6 million to EUR 8.9 million.

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