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wolford faces financial struggles as share price declines and losses forecasted

Wolford AG, a prominent manufacturer of legwear and lingerie, is grappling with significant financial challenges, reflected in its current share price of EUR 3.08, down 33.76% from the previous year. Analysts predict a negative cash flow of EUR 8 million and a net loss of EUR 30.8 million for 2024, indicating ongoing operational difficulties. The short-term outlook remains cautious, with potential restructuring and global demand for luxury textiles being critical to future performance.
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