Wolford AG: Operating loss halved through restructuring measures

Wolford AG is making progress with its restructuring. In the first half of the current financial year, the Austrian lingerie and clothing provider's turnover of 31 million euros was below the previous year's figure of 33 million euros. However, the group made significant progress in its earnings.

Earnings before interest and taxes (EBIT) improved from minus 22.8 million euros in the first half of the 2025 financial year to minus 10.2 million euros in the first half of the 2026 financial year. Wolford was therefore able to more than halve its operating loss within a year. The company stated that this development shows the measures introduced as part of the restructuring are taking effect.

Despite the improved earnings situation, the situation remains tense. The market environment remains challenging, and Wolford has not yet achieved sustainable profitability. Management will therefore continue to closely monitor liquidity, operational performance and financing requirements.

The company's continued operation also remains dependent on external support. The going concern assessment continues to take into account the support of shareholders and the availability of further sources of financing. These remain necessary as Wolford continues its restructuring programme and works towards a sustainable return to profitability, according to the statement.