Weng Fine Art AG revised sales forecast for the fiscal year 2015. In the first half of the fiscal year 2014/15 there was a significant decrease in sales and earnings as a result of a transformation process, that is expected to last until the end of 2015, and the downward trend was expected to continue throughout the remaining fiscal year. Now the company expects a double-digit percentage increase in sales in the second half compared to the first half of 2015.

The sales for the full year, however, will still be lower than in the previous year. The overall positive trend is in line with the increasing share of high-value transactions within the trading business. The group earnings for the current fiscal year cannot yet be predicted, as there still are additional factors to be taken into account.

However, it is already clear that the trade margins have remained level over the year, and that the strength of the US dollar against the euro has a positive effect on the profits of WFA AG.