Wolford still impacted by last year’s operational problems

Wolford started fiscal 2025 under pressure as lingering operational hiccups weighed on sales. Revenue fell sharply in the first half, yet profitability held up better than expected thanks to cost cuts. Management signals that recovery should begin to show in the second half.

Transition phase with improving outlook

The Austrian hosiery and apparel maker reported first-half revenue of 33 million euro, down by 10.1 million euro year on year. The company links the decline to ongoing effects of last year’s delivery delays and temporary store closures. While Wolford says it resolved the underlying issues by late 2024, the aftershocks still depressed first-quarter sales of 2025.

Operating profit (EBIT) remained broadly in line with last year, even after the steep revenue drop. Management attributes the resilience to a leaner cost base and the impact of recent restructuring and efficiency measures.

Wolford claims to be executing a comprehensive operational transformation to restore resilience and long-term profitability. It expects the first signs of recovery to appear in the second half of the year. For full-year 2025, the company does not foresee a significant negative impact from the trade-policy and macroeconomic environment on sales or earnings.