PRESS RELEASE

Hawesko Holding: Hawesko Group confirms revenue and earnings expectations for 2022

Hamburg, 03 February 2023. On the basis of provisional and unaudited figures, the wine trading group Hawesko Holding SE (HAW, HAWG.DE, DE0006042708) achieved consolidated sales of around € 671 million and an operating result of around € 39 million in the 2022 financial year.

In the first year after the strong sales growth during the pandemic lockdown, the Hawesko Group’s sales were, as expected, just below the previous year’s level, but well above the sales level before the pandemic. While the e-commerce and retail segments saw their sales decline by -10 and -4 percent respectively due to lower consumption at home, the B2B segment posted +7 percent organic growth thanks to the resurgent catering trade. Overall, i.e. including acquisitions, the B2B segment grew by +16 percent.

The Hawesko Group expects an operating result of around € 39 million in 2022. The profit margin achieved is within the forecast range at just under 6 percent.

The operating result in 2022 is burdened with around € 6 million in exceptional costs due to inflation. The costs for glass, transport, energy as well as paper and cardboard increased massively in the financial year and could not yet be fully compensated for in the gross profit.

“2022 was not an easy year for us with inflation and the energy crisis,” comments Hawesko Chairman of the Board of Management Thorsten Hermelink “However, the Hawesko Group was able to hold its own in the market with its diversified business model after two boom years, even in the crisis. We expect inflation to remain high in 2023, which is why we took measures at an early stage to consistently strengthen our profitability.”

# # #

As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group employs around 1,200 people across the Retail (Jacques’ and Wein & Co.), B2B (especially Wein Wolf, Abayan and Grand Cru Select) and e-commerce (especially HAWESKO, Vinos and WirWinzer) segments. The shares in Hawesko Holding SE are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding SE
Elbkaihaus
Grosse Elbstrasse 145 d
22767 Hamburg
Germany

Internet:

hawesko-holding.com Corporate information

hawesko.de  Extensive range for wine connoisseurs

jacques.de  Jacques’ locations and online offerings

weinco.at   Austria’s leading specialist wine dealer

vinos.de   The best wines from Spain

wirwinzer.de  German wines directly from the producers

tesdorpf.de  Traditional fine wine trader

weinart.de   Rarities and top wines from around the world

the-wine-company.se Excellent wines for Sweden

enzo.de   Italian wines and lifestyles

globalwine.ch  Premium portfolio for highest quality demands

weinwolf.de  International wine variety

volume-spirits.de  Exquisite spirits portfolio

abayan.de   Top wines from Italy

Press and Investor Relations contact:

Tel.  (+49) 40 3039 2100

Tel.  (+49) 40 3039 2105

E-mail: ir@hawesko-holding.com

PRESS RELEASE

Hawesko Holding: CFO Raimund Hackenberger leaves the Hawesko Group

Hamburg, 26 January 2023. After six years as Chief Financial Officer of Hawesko Holding SE, Raimund Hackenberger is leaving the company, having decided to take on a new professional challenge. He will leave the Hawesko Group at the end of his contract term on 31 March 2023.

The Board of Management and Supervisory Board thank Mr Hackenberger for his very committed and successful work! The collaboration with him was always trusting and constructive.

“During his time as Chief Financial Officer, Raimund Hackenberger, together with his colleagues of the Board of Management, made an important contribution to the strategic change in the management of the Group companies that was initiated in 2016. We wish him all the best for the future, both professionally and personally”, said Detlev Meyer, Chairman of the Supervisory Board.

Until a successor is named, the tasks of the Chief Financial Officer will be performed by the Chairman of the Board of Management, Thorsten Hermelink. The search for a successor has already been initiated.

# # #

As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group achieved sales of € 681 million and EBIT of € 53 million in 2021. The Hawesko Group employs around 1,200 people across the Retail (Jacques’ and Wein & Co.), B2B (especially Wein Wolf, Abayan and Grand Cru Select) and e-commerce (especially HAWESKO, Vinos and WirWinzer) segments. The shares in Hawesko Holding SE are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding SE
Elbkaihaus
Grosse Elbstrasse 145 d
22767 Hamburg
Germany

Internet:

hawesko-holding.com Corporate information

hawesko.de  Extensive range for wine connoisseurs

jacques.de  Jacques’ locations and online offerings

weinco.at   Austria’s leading specialist wine dealer

vinos.de   The best wines from Spain

wirwinzer.de  German wines directly from the producers

tesdorpf.de  Traditional fine wine trader

weinart.de   Rarities and top wines from around the world

the-wine-company.se Excellent wines for Sweden

enzo.de   Italian wines and lifestyles

globalwine.ch  Premium portfolio for highest quality demands

weinwolf.de  International wine variety

volume-spirits.de  Exquisite spirits portfolio

abayan.de   Top wines from Italy

Press and Investor Relations contact:

Tel.  (+49) 40 3039 2100

Tel.  (+49) 40 3039 2105

E-mail: ir@hawesko-holding.com

Hamburg, 14 November 2022. The conversion of the wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) into the legal form of a European Company (SE) has been completed. With the entry of the conversion in the Commercial Register, the company, which is listed in the Prime Standard of the Frankfurt Stock Exchange, now trades under the name Hawesko Holding SE. The shareholders had already approved the conversion at the Annual General Meeting on 14 June 2022.

The Hawesko Group specialises in trading in high-quality wines from the upmarket and premium segments. As Europe’s largest, most innovative and most profitable wine merchant, the new legal form reflects the increasingly strong international orientation of the company.

The legal status of the shareholders of Hawesko Holding AG remains fundamentally unaffected by the SE conversion. They hold the same number of no-par-value shares in Hawesko Holding SE. Moreover, the stock exchange trading of the shares remains unaffected by the SE conversion, so that the shares of Hawesko Holding SE continue to bear the previous ISIN DE0006042708.

# # #

As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group achieved sales of € 681 million and EBIT of € 53 million in 2021. The Hawesko Group employs around 1,200 people across the Retail (Jacques’ and Wein & Co.), B2B (especially Wein Wolf, Abayan and Grand Cru Select) and e-commerce (especially HAWESKO, Vinos and WirWinzer) segments. The shares in Hawesko Holding SE are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding SE
Elbkaihaus
Grosse Elbstrass 145 d
22767 Hamburg
Germany

Internet:

hawesko-holding.com Corporate information

hawesko.de  Extensive range for wine connoisseurs

jacques.de  Jacques’ locations and online offerings

weinco.at   Austria’s leading specialist wine dealer

vinos.de   The best wines from Spain

wirwinzer.de  German wines directly from the producers

tesdorpf.de  Traditional fine wine trader

weinart.de   Rarities and top wines from around the world

the-wine-company.se Excellent wines for Sweden

enzo.de   Italian wines and lifestyles

globalwine.ch  Premium portfolio for highest quality demands

weinwolf.de  International wine variety

volume-spirits.de  Exquisite spirits portfolio

abayan.de   Top wines from Italy

Press and Investor Relations contact:

Tel.  (+49) 40 3039 2100

Tel.  (+49) 40 3039 2105

E-mail: ir@hawesko-holding.com

Hamburg, 10 November 2022. The wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) today published its Nine-Month Financial Report 2022 including the figures for the third quarter (1 July to 30 September).

In a difficult market environment and historically low consumer sentiment due to inflation, the Hawesko Group achieved sales of € 148.2 million in the third quarter of 2022 (+2 percent; previous year: € 145.4 million). The group operating result (EBIT) in the third quarter of 2022 was € 5.4 million (previous year: € 7.1 million). Significant, inflation-related price increases along the entire value chain as well as a post-pandemic normalisation of advertising efficiency continue to weigh on the result in the third quarter despite a slightly higher gross profit margin of 43.8 per cent (previous year: 43.7 per cent).

After sales in the retail business in the first half of 2022 were still 10.9 per cent behind home consumption, which was particularly strong in 2021 due to the lockdown situation, they stabilised noticeably in the third quarter of 2022 at € 100.4 million and, as expected, at the previous year’s level (previous year: € 101.1 million). The reason for the stabilisation is the increased number of customers in the past years as well as good new customer acquisition in 2022.

The B2B segment achieved a turnover of € 47.8 million in the third quarter of 2022 (+8.0 per cent; previous year: € 44.3 million). The revenue growth is mainly driven by the first-time consolidation of the recently acquired Czech Global Wines & Spirits s.r.o. Operationally, B2B was not quite able to match the previous year’s quarter with € 42.4 million. In Germany and Switzerland in particular, it was not possible to compensate for the restrained demand for premium wine in food retailing. The Austrian B2B business, on the other hand, benefited from increased gastronomy sales in the holiday regions with +13.0 per cent in the third quarter.

In the nine-month period (1 January to 30 September) the Hawesko Group’s consolidated sales of € 460.3 million came close to the previous year’s level (-2.1 percent; previous year: € 470.3 million). The group’s EBIT fell to € 22.5 million (previous year: € 38.2 million). The impact of the decline in pandemic effects compared to the previous year, which was characterised by a lockdown, was expected by the company. The inflation-driven cost increases seen so far were not foreseeable in this way and cannot be fully compensated for in the short term despite an increase in the margin.

For 2022 as a whole, the Board of Management of the Hawesko Group thus continues to anticipate a slight decline in sales of between minus one and minus six percent compared with the Corona year 2021. In terms of earnings, a reduced return is expected with an EBIT margin of between 6.0 and 7.0 percent. Inflation effects are likely to have an impact on the result at the lower end of the range.

# # #

As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group achieved sales of € 681 million and EBIT of € 53 million in 2021. The Hawesko Group employs around 1,200 people across the Retail (Jacques’ and Wein & Co.), B2B (especially Wein Wolf, Abayan and Grand Cru Select) and e-commerce (especially HAWESKO, Vinos and WirWinzer) segments. The shares in Hawesko Holding AG are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrass 145 d
22767 Hamburg
Germany

Internet:

hawesko-holding.com Corporate information

hawesko.de  Extensive range for wine connoisseurs

jacques.de  Jacques’ locations and online offerings

weinco.at   Austria’s leading specialist wine dealer

vinos.de   The best wines from Spain

wirwinzer.de  German wines directly from the producers

tesdorpf.de  Traditional fine wine trader

weinart.de   Rarities and top wines from around the world

the-wine-company.se Excellent wines for Sweden

enzo.de   Italian wines and lifestyles

globalwine.ch  Premium portfolio for highest quality demands

weinwolf.de  International wine variety

volume-spirits.de  Exquisite spirits portfolio

abayan.de   Top wines from Italy

Press and Investor Relations contact:

Tel.  (+49) 40 3039 2100

Tel.  (+49) 40 3039 2105

E-mail: ir@hawesko-holding.com

PRESS RELEASE

Hawesko Group stronger than market development

Hamburg, 10 August 2022. The wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) today published its Half-Year Financial Report 2022, including the figures for the second quarter (1 April to 30 June). With revenues of € 312.0 million (previous year: € 324.9 million) and EBIT of € 17.1 million (previous year: € 31.1 million) for the half-year, the business, as expected, falls short of the previous year’s lockdown-induced exceptional performance. However, it is clearly above 2020 (turnover: € 277.6 million; EBIT: € 13.1 million) as well as the pre-Corona years and thus shows stability. The noticeable decline in sales in the end customer segments is partly compensated by strong demand in the B2B segment.

In April, food retail reported a decline in sales of 7.7 percent: Uncertain consumers are feeling the effects of rising prices due to inflation and the Ukraine crisis in their own wallets and are reacting with purchasing restraint. Thanks to its broad positioning across various market segments, the Hawesko Group’s sales thus developed better than the market in the first half of the year at -4.0 percent and in the second quarter at -2.3 percent.

In the second quarter of 2022, e-commerce felt the effects of the absence of the special pandemic most keenly compared with the previous year and lost 12.3 percent in sales. Retail also showed a normalisation of demand compared to the previous year, which was marked by restaurant closures, with a slight decline in sales of 4.1 percent. The B2B segment enjoyed a 17.7 percent increase in turnover thanks to revitalised catering and hotel business. Group EBIT in the second quarter amounted to € 7.8 million and was significantly lower than the previous year’s figure of € 15.5 million. The reasons for this are the changed turnover mix with a higher share of lower-margin B2B turnover, the return of costs that were omitted or significantly lower during the pandemic, and inflation effects.

In the half-year period (1 January to 30 June) consolidated sales of the Hawesko Group fell by 4.0 percent year on year to € 312.0 million, with group EBIT falling to € 17.1 million.

During the peak of the pandemic, costs for new customer acquisition, tastings, personnel costs, events and travel were not incurred or were significantly lower and are now back to pre-pandemic levels. This effect compared to the previous year will diminish in the second half of the year. However, the challenge of a macroeconomically induced purchasing restraint and inflation-related rising costs will tend to intensify. Previous crises have shown, however, that consumers do not give up wine consumption even in more difficult times. With the right alignment of its product range and targeted price adjustments coupled with attractive offerings, the Hawesko Group can continue to generate stable sales and profits.

For the full year 2022, the Board of Management of the Hawesko Group therefore continues to expect a slight decline in sales of between minus one and minus six percent compared with the Corona year 2021. In terms of earnings, a slightly reduced return with an EBIT margin of between 6.0 and 7.0 percent is anticipated due to the changed segment mix. Inflation effects make a result at the lower end of the range more likely.

# # #

As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group achieved sales of  € 681 million and EBIT of € 53 million in 2021. The Hawesko Group employs around 1,200 people across the Retail (Jacques’ and Wein & Co.), B2B (especially Wein Wolf, Abayan and Grand Cru Select) and e-commerce (especially HAWESKO, Vinos and WirWinzer) segments. The shares in Hawesko Holding AG are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrass 145 d
22767 Hamburg
Germany

Internet:

hawesko-holding.com Corporate information

hawesko.de  Extensive range for wine connoisseurs

jacques.de  Jacques’ locations and online offerings

weinco.at   Austria’s leading specialist wine dealer

vinos.de   The best wines from Spain

wirwinzer.de  German wines directly from the producers

tesdorpf.de  Traditional fine wine trader

weinart.de   Rarities and top wines from around the world

the-wine-company.se Excellent wines for Sweden

enzo.de   Italian wines and lifestyles

globalwine.ch  Premium portfolio for highest quality demands

weinwolf.de  International wine variety

cwdwein.de  Wine individuality in the premium segment

volume-spirits.de  Exquisite spirits portfolio

abayan.de   Top wines from Italy

Press and Investor Relations contact:

Tel.  (+49) 40 3039 2100

Tel.  (+49) 40 3039 2105

E-mail: ir@hawesko-holding.com

PRESS RELEASE

Hawesko Group: Investment in the Czech Republic expands international activities

Hamburg, 19 June 2022. Hawesko Holding AG is to acquire a majority interest in the Czech premium wine trading company Global Wines & Spirits s.r.o., based in Prague, with effect from 1 July 2022.

With sales of € 22 million, Global Wines & Spirits s.r.o. is one of the leading distribution and omnichannel wine trading companies in the Czech Republic. In addition to a strong B2B business, Global Wines & Spirits s.r.o. has ten branches and an e-commerce trade.

The Hawesko Group has held a minority interest in the company for many years and has now taken over the shares from Czech co-shareholder Unimex Group on 01 July 2022, thereby increasing its stake to 80 percent. Long-time co-shareholder and managing director Tomas Otta is increasing his share to 20 per cent in the course of the transaction and will continue to manage and develop the company as managing partner.

“Global Wines & Spirits is a company we have known and trusted for many years, very profitable and with growth opportunities. The acquisition is not only an investment in the course of the planned further internationalisation of our group, but rather also a step into the developing Eastern European wine market” says the Chairman of the Board of Management of Hawesko-Holding AG, Thorsten Hermelink. “We are delighted to have a reliable partner at our side in Mr Tomas Otta as a long-standing partner and managing director of Global Wines & Spirits.”

# # #

As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group achieved sales of  € 681 million and EBIT of € 53 million in 2021. The Hawesko Group employs around 1,200 people across the Retail (Jacques’ and Wein & Co.), B2B (especially Wein Wolf, Abayan and Grand Cru Select) and e-commerce (especially HAWESKO, Vinos and WirWinzer) segments. The shares in Hawesko Holding AG are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrass 145 d
22767 Hamburg
Germany

Internet:

hawesko-holding.com Corporate information

hawesko.de  Extensive range for wine connoisseurs

jacques.de  Jacques’ locations and online offerings

weinco.at   Austria’s leading specialist wine dealer

vinos.de   The best wines from Spain

wirwinzer.de  German wines directly from the producers

tesdorpf.de  Traditional fine wine trader

weinart.de   Rarities and top wines from around the world

the-wine-company.se Excellent wines for Sweden

enzo.de   Italian wines and lifestyles

globalwine.ch  Premium portfolio for highest quality demands

weinwolf.de  International wine variety

cwdwein.de  Wine individuality in the premium segment

volume-spirits.de  Exquisite spirits portfolio

abayan.de   Top wines from Italy

Press and Investor Relations contact:

Tel.  (+49) 40 3039 2100

Tel.  (+49) 40 3039 2105

E-mail: ir@hawesko-holding.com

PRESS RELEASE

Hawesko Group: Annual General Meeting approves payment of a dividend of € 2.50 per share

• Shareholders to receive highest dividend in company history
• Hawesko Group pays dividend for 24th year in succession
• E-commerce to grow increasingly internationally in future

Hamburg, 15 June 2022. At the virtual Annual General Meeting of the wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708), the shareholders approved the payment of a dividend of € 2.50 per share (€ 1.90 regular plus € 0.60 special dividend) for the 2021 financial year, payable from 17 June 2022. The company’s shareholders will thus receive a dividend payment that, including the special dividend, is 25 per cent higher than the previous year’s level. This corresponds to a dividend yield of around 4.5 percent based on a share price of € 55 on 13 June 2022. With this distribution Hawesko Holding AG is continuing its longstanding uninterrupted dividend tradition: the group’s shareholders have received a dividend every year since the IPO in 1998.

“In the coming years we will no longer pay a Corona special dividend, but we nevertheless want to continue to pay more than just a stable basic dividend. It should and can grow with our future business success – more than 50 per cent of our earnings per share. We are and remain a dividend stock,” comments the Chairman of the Board of Management of the Hawesko Group, Thorsten Hermelink.

All the proposals of the boards met with the approval of the virtual general meeting, and the regulations were fulfilled. With the resolved conversion of the company into a European public limited company, the Hawesko Group is sending out a clear signal both externally and internally for the intensified move towards Europe. The e-commerce segment is also to grow increasingly internationally in future: on the one hand with its own formats (HAWESKO, Vinos, Tesdorpf and WirWinzer) – and on the other through targeted acquisitions in other European countries. The WirWinzer marketplace model has already begun to take its first international steps with the aim of establishing an international marketplace model.

A detailed analysis of the current business development will be published on 10 August 2022 in the half-year report as of 30 June 2022.

# # #

As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group achieved sales of € 681 million and EBIT of € 53 million in 2021. The Hawesko Group employs around 1,200 people across the Retail (Jacques’ and Wein & Co.), B2B (especially Wein Wolf, Abayan and Grand Cru Select) and e-commerce (especially HAWESKO, Vinos and WirWinzer) segments. The shares in Hawesko Holding AG are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrass 145 d
22767 Hamburg
Germany

Internet:

hawesko-holding.com Corporate information
hawesko.de Extensive range for wine connoisseurs
jacques.de Jacques’ locations and online offerings
weinco.at Austria’s leading specialist wine dealer
vinos.de The best wines from Spain
wirwinzer.de German wines directly from the producers
tesdorpf.de Traditional fine wine trader
weinart.de Rarities and top wines from around the world
the-wine-company.se Excellent wines for Sweden
enzo.de Italian wines and lifestyles
globalwine.ch Premium portfolio for highest quality demands
weinwolf.de International wine variety
cwdwein.de Wine individuality in the premium segment
volume-spirits.de Exquisite spirits portfolio
abayan.de Top wines from Italy

Press and Investor Relations contact:

Tel. (+49) 40 3039 2100
Tel. (+49) 40 3039 2105
E-mail: ir@hawesko-holding.com

• 10 percent increase in sales to € 680.5 million in 2021
• EBIT 2021 increased by 26 percent to € 53.1 million
• Increased dividend of € 2.50 per share proposed

Hamburg, 21 April 2022. The Board of Management of the wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) presented the exceptionally strong results for the 2021 financial year and developments in the first quarter of 2022 at today’s annual press conference.
The Chairman of the Board of Management of the Hawesko Group, Thorsten Hermelink, commented, “In the last financial year 2021, we were able to achieve historic record and best figures in terms of sales and above all earnings, but also with Corona-related special effects that will not simply be repeated in this way. However, our current sales figures show that we have developed a sustainably more significant e-commerce business during the pandemic years and that we remain at a higher level of sales and earnings than before the pandemic. With its broad and diversified positioning, the Hawesko Group’s business model can adapt flexibly to changing market developments. It has impressively confirmed this both during the period of month-long lockdowns in the past two years and now in the post-Corona period.”

In fiscal year 2021, consolidated revenues increased by 9.7 percent to € 680.5 million, while consolidated operating profit (EBIT) grew by 25.8 percent to € 53.1 million. E-commerce was the biggest growth driver, but the Retail and B2B segments also contributed significantly to the success. In the E-Commerce segment, revenues increased by 17 percent to € 268.9 million. EBIT here grew disproportionately to € 31.4 million. The Retail segment recorded a 4.7 percent increase in revenue to € 238.4 million. The segment’s operating profit (EBIT) rose from € 24.3 million in the previous year to € 26.1 million in the year under review. The B2B segment was also affected by corona-related restrictions in 2021. Nevertheless, segment sales of € 173.2 million were up 6.8 percent on the previous year. Segment EBIT grew to € 4.8 million. Holding and central costs amounted to € 9.2 million (previous year: € 7.7 million).

Consolidated net income after taxes and non-controlling interests amounted to € 33.6 million (previous year: € 23.8 million). This corresponds to € 3.74 per share (previous year: € 2.65). The equity ratio increased to 30.3 percent (previous year: 27.4 percent).

In the first quarter of 2022, as expected, the lockdown-related special effects of the prior-year quarter are no longer present in the purchasing behavior of customers. According to provisional calculations, the Hawesko Group’s sales declined by around 6 percent to around EUR 150 million in the first quarter of 2022. Lower demand in the B2C formats compared with the lockdown – also due to the shift in Easter business to April – is partly offset by increased sales from the lower-margin B2B business. At around € 9 million, EBIT in the same period is approximately € 6 million below the record result for the first quarter of 2021, mainly due to this mix effect and higher advertising costs for new customers than in the lockdown. However, compared to the pre-Corona years, the Group’s overall revenues and earnings are at a significantly higher level and this is the case in all segments. Overall, the Board of Management of the Hawesko Group anticipates a slight decline in sales of between minus one and minus six percent in 2022 compared with the 2021 corona year. In terms of earnings, a slightly reduced return is expected with an EBIT margin of between 6.0 and 7.0 percent.

In good core health, the Hawesko Group is well equipped to meet the current challenges. It is planned to propose to the Annual General Meeting an increase in the dividend for the 2021 financial year of 25%, or € 0.50. The dividend will be paid out in cash.  This proposal is divided into a basic dividend of € 1.90 per share (PY € 1.60), and a special dividend of € 0.60 per share due to the exceptional earnings growth resulting from the pandemic.

#          #          #

As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group achieved sales of  € 681 million and EBIT of € 53 million in 2021. The Hawesko Group employs around 1,200 people across the Retail (Jacques’ and Wein & Co.), B2B (especially Wein Wolf, Abayan and Grand Cru Select) and e-commerce (especially HAWESKO, Vinos and WirWinzer) segments. The shares in Hawesko Holding AG are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

Publisher:
Hawesko Holding AG
Elbkaihaus
Grosse Elbstrass 145 d
22767 Hamburg
Germany

Internet:
hawesko-holding.com         Corporate information
hawesko.de                         Extensive range for wine connoisseurs
jacques.de                           Jacques’ locations and online offerings
weinco.at                             Austria’s leading specialist wine dealer
vinos.de                               The best wines from Spain
wirwinzer.de                        German wines directly from the producers
tesdorpf.de                          Traditional fine wine trader
weinart.de                            Rarities and top wines from around the world
the-wine-company.se         Excellent wines for Sweden
enzo.de                                Italian wines and lifestyles
globalwine.ch                      Premium portfolio for highest quality demands
weinwolf.de                         International wine variety
cwdwein.de                         Wine individuality in the premium segment
volume-spirits.de                 Exquisite spirits portfolio
abayan.de                            Top wines from Italy

Press and Investor Relations contact:

Tel.  (+49) 40 3039 2100
Tel.  (+49) 40 3039 2105
E-mail: ir@hawesko-holding.com

• Group sales up 10 percent to around € 680 million in 2021
• Highest result in the company’s history achieved with an increase in group EBIT of 26 percent to approximately € 53 million
• All segments convincing with sales growth in 2021

Hamburg, February 4, 2022. Based on preliminary figures, the wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) generated consolidated sales of around € 680 million in the 2021 financial year. This corresponds to a sales performance of plus 10 percent compared with the previous year. The Hawesko Group anticipates an increase in consolidated EBIT to around € 53 million, significantly exceeding the previous year’s figure of € 42 million.

The double-digit revenue growth in 2021 will result in particular from increased demand in the e-commerce segment. Thanks to a high level of new customer acquisition and a continuing shift towards online purchasing, revenue in 2021 in e-commerce increased by around 17 percent year-on-year. The retail (+5 percent) and B2B (+7 percent) segments also saw revenue growth.

In Q1 2021, home consumption in the wine market experienced a peak due to a hard lockdown combined with low vaccination rates. The Executive Board does not expect to be able to repeat the exceptionally high results of the previous year in Q1 2022 due to the pandemic situation coming to an end, and expects a slight decline in sales compared to the previous year’s Q1 results.

“In 2021, we succeeded in converting the increased demand in the market into very good growth and earnings through enormous commitment from our marketing, purchasing, IT and supply chain divisions,” said Hawesko CEO Thorsten Hermelink. “Even if Q1 2022 will be slightly behind Q1 2021 due to a changed pandemic situation, the sales level in our B2C units should be permanently well above the pre-Corona period. This makes us optimistic for fiscal 2022 overall.

# # #

As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group achieved sales of around € 680 million and EBIT of approximately € 53 million in 2021. The Hawesko Group employs around 1,200 people across the Retail (Jacques’ and Wein & Co.), B2B (especially Wein Wolf, Abayan and Grand Cru Select) and e-commerce (especially HAWESKO, Vinos and WirWinzer) segments. The shares in Hawesko Holding AG are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrass 145 d
22767 Hamburg
Germany

Internet:

hawesko-holding.com Corporate information
hawesko.de Extensive range for wine connoisseurs
jacques.de Jacques’ locations and online offerings
weinco.at Austria’s leading specialist wine dealer
vinos.de The best wines from Spain
wirwinzer.de German wines directly from the producers
tesdorpf.de Traditional fine wine trader
weinart.de Rarities and top wines from around the world
the-wine-company.se Excellent wines for Sweden
enzo.de Italian wines and lifestyles
globalwine.ch Premium portfolio for highest quality demands
weinwolf.de International wine variety
cwdwein.de Wine individuality in the premium segment
volume-spirits.de Exquisite spirits portfolio
abayan.de Top wines from Italy

Press and Investor Relations contact:

Tel. (+49) 40 3039 2100
Tel. (+49) 40 3039 2105
E-mail: ir@hawesko-holding.com