trending Market Intelligence /marketintelligence/en/news-insights/trending/-O7WHESB9n7g6Yqg3O4AKg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Wolford swings to profit in fiscal Q2

Blog

Q&A: Navigating Climate Risk as a Financial Risk

Blog

Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain

Blog

Fintech Intelligence Newsletter: February 2021

PODCAST

Episode 5: The Future of Work - The World of Workforce Experience and Productivity


Wolford swings to profit in fiscal Q2

Wolford AG said its normalized net income for the fiscal second quarter ended Oct. 31 came to €1.6 million, compared with a loss of €3,750 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 3.5% from negative 0.0% in the year-earlier period.

Total revenue climbed 11.1% on an annual basis to €45.3 million from €40.7 million, and total operating expenses climbed year over year to €42.8 million from €41.2 million.

Reported net income came to €1.7 million, or 34 cents per share, compared to a loss of €108,000, or a loss of 2 cents per share, in the prior-year period.