Hawesko Holding AG: Significant earnings increase after three quarters

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Hawesko Holding AG / Key word(s): 9 Month figures
Hawesko Holding AG: Significant earnings increase after three quarters

19-Oct-2020 / 20:39 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Significant earnings increase after three quarters

Hamburg, 19 October 2020. The wine-trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) announced today that the operating result (EBIT) of the group in the first nine months (1 January to 30 September) of 2020 will more than double to € 21-22 million according to preliminary calculations (same period in the previous year: € 9.5 million). Sales revenues will have increased during the same period by approximately 11% to € 415 million (previous year: € 374.4 million). In spite of expected tighter restrictions for restaurants and hotels during the important business leading up to Christmas, the management board expects the operating result (EBIT) for the full year 2020 to reach around € 33 million and be significantly higher than the previous year’s figure of € 29.1 million.

A detailed analysis as well as the quarterly statement to 30 September 2020 will be published on 5 November 2020.

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Hawesko Holding AG
Große Elbstraße 145d
22767 Hamburg

Presse- und Investor-Relations-Kontakt:
Thomas Hutchinson
Tel. (040) 30 39 21 00
Fax (040) 30 39 21 05
E-Mail: ir@hawesko-holding.com

19-Oct-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Quelle: EQS