All posts by exteuber


Hawesko Holding AG: Hawesko Group impresses across all segments in second quarter

English News

DGAP-News: Hawesko Holding AG / Key word(s): Half Year Results
11.08.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

  • Second quarter of 2021: All segments increase sales (+8 percent overall) and EBIT (+68 percent overall)
  • Forecast for full year 2021: +2-5 percent sales growth; EBIT € 48-55 million (+14-30 percent)

Hamburg, 11 August 2021. The wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) today published its half-year financial report 2021, including the figures for the second quarter (1 April to 30 June). Sales for the second quarter of 2021 show an increase of 8 percent to € 166.3 million (previous year: € 153.8 million). EBIT in the same period amounted to € 15.5 million (previous year: € 9.2 million), thus achieving growth of 68 percent. For the first time since the start of the pandemic, business performance in the second quarter of 2021 is compared with the previous year, including pandemic-related influences.

E-commerce continued to experience strong demand in the second quarter of 2021, increasing sales by 10 percent. The Retail segment generated an 8 percent increase in sales despite the absence of tastings and events. The B2B segment enjoyed 6 percent growth thanks to strong sales to food retailers. Across all segments, the Hawesko Group improved its second-quarter result compared with the prior-year period: both in absolute terms and as a proportion of sales. Double-digit growth rates were recorded in the B2C segments: in e-commerce EBIT grew by 45 percent, and in retail by 18 percent. The B2B segment impressed with a strong EBIT margin of 5.7 percent.

In the half-year period (January 1 to June 30), consolidated sales of the Hawesko Group rose by 17 percent year on year to € 324.9 million. Group EBIT rose by 138 percent to € 31.1 million. Consolidated net income attributable to Hawesko shareholders more than doubled to € 19.3 million, while earnings per share amounted to € 2.15, compared with € 0.89 in the first half of the previous year.

The current behavior of consumers following the easing of measures to combat the COVID 19 pandemic gives the Board of Management of the Hawesko Group cause for optimism. Based on current knowledge, the rising level of vaccination should mitigate the impact of a fourth wave this fall. The Chairman of the Hawesko Group’s Board of Management, Thorsten Hermelink, comments, “In view of the successful first half, we are confident that growth in the end-customer segments will level off, but that overall sales levels will remain at a much higher level than before the pandemic. In addition, we expect the food service industry to recover in the second half of the year, albeit still at a subdued level. Initial trends in the summer months of June and July, with lower growth or sales at the level of the previous year, show that people are now much more mobile again in the summer as a result of the relaxation measures and vaccinations than they were in the previous months or even in the previous year. This will certainly also reduce consumption at home to a certain extent. In this respect, we are proceeding cautiously with our forecast for the second half of 2021 and, if the restrictions remain in place and vaccination rates increase, are calculating with a further recovery in the catering business, but at the same time no longer with further sales growth in the end customer segments.”

Against this backdrop, the Board of Management of the Hawesko Group expects overall revenue growth of around 2 to 5 percent for the group in the 2021 financial year. Following € 620 million in sales in 2020, sales are thus expected to range between € 633 and 651 million for 2021 as a whole. Group EBIT is expected to be between € 48 and 55 million (previous year: € 42.2 million), which corresponds to an increase of between 14 and 30 percent compared to the previous year.

# # #

As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group achieved sales of € 620 million and EBIT of € 42 million in 2020. 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 Large product range for wine lovers
jacques.de Jacques’ locations and online offer
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 Fine wine dealer with a rich tradition
weinart.de Rarities and top wines from around the world
the-wine-company.se The finest wines for Sweden

Press and Investor Relations contact:

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

11.08.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Quelle: EQS


Hawesko Holding AG: Annual General Meeting approves payment of a dividend of € 2.00 per share

English News

DGAP-News: Hawesko Holding AG / Key word(s): Dividend/AGM/EGM
15.06.2021 / 14:15
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Hawesko Group: Annual General Meeting approves payment of a dividend of € 2.00 per share
 

– Hawesko Group to pay dividend for 23rd consecutive year

– Significant EBIT increase expected in Q2 2021

Hamburg, June 15, 2021. The Annual General Meeting of the wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) today approved the payment of a dividend of € 2.00 per share (€ 1.60 regular plus € 0.40 special dividend) for the 2020 financial year, payable from June 18, 2021. The company’s shareholders will thus receive a dividend payment that, including the special dividend, is 14% higher than the level of the previous year. This corresponds to a dividend yield of around 4% based on a share price of € 52 on June 14, 2021. 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.

All the proposals of the corporate bodies met with the approval of the virtual Shareholders’ Meeting, and the regulations were fulfilled. At the same time, the Group provided an insight into the current business development: the Group’s operating result (EBIT) in the second quarter (April 1 to June 30) 2021 is developing significantly better than in the previous year and, according to preliminary estimates for the individual quarter, is between € 13.4 million and € 15.4 million (same period of the previous year: € 9.2 million). This means that earnings for the first half of 2021 will amount to between € 29 million and € 31 million (prior-year period: € 13.1 million) and are thus expected to more than double compared with the previous year.

The course of the rest of the fiscal year is very much dependent on the duration and design of the measures to combat the COVID 19 pandemic, but also on consumer reaction following its easing. The last few months of this year have shown that the development is clearly different from what was expected. It is not yet possible to predict the extent to which the trends of recent months will change as a result of the easing measures taking place and vaccination levels rising. Against this background, it is still not possible at present to make a serious forecast of business development for the remainder of the fiscal year. “We are confident, however, that we will be able to make a clearer statement on the annual forecast in the half-yearly report,” comments the Chairman of the Board of Management of the Hawesko Group, Thorsten Hermelink.

A detailed analysis and the interim financial statements will be published on August 11, 2021 in the half-year report as of June 30, 2021.

# # #

As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group achieved sales of € 620 million and EBIT of € 42 million in 2020. 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 Large product range for wine lovers
jacques.de Jacques’ locations and online offer
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 Fine wine dealer with a rich tradition
weinart.de Rarities and top wines from around the world
the-wine-company.se The finest wines for Sweden

Press and Investor Relations contact:

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

15.06.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Quelle: EQS


Hawesko Holding AG: Hawesko Group continues on successful course in 1st quarter 2021

English News

DGAP-News: Hawesko Holding AG / Key word(s): Interim Report/Quarter Results
12.05.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

  • 28 percent increase in sales to € 158.6 million and 84 percent online growth
  • EBIT quadrupled to € 15.6 million
  • Earnings increased in all segments

Hamburg, 12 May 2021. The wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) today published its quarterly statement for the period ending March 31, 2021. Sales show an increase of 28 percent to € 159 million (prior-year period: € 123.8 million). EBIT in the same period amounted to € 16 million (same period last year: € 4 million), thus quadrupling. The comparable period last year was hardly affected by Corona.

In the first quarter, the E-Commerce segment achieved a year-on-year increase in revenue of a good 65 percent, while the Retail segment grew by 22 percent. The B2B segment was below the previous year’s level with a revenue development of -7 percent due to a lack of revenue in the catering and hotel sectors, although the German B2B subsidiaries were slightly up on the previous year. Overall, the operating result developed very positively: In the E-Commerce segment, EBIT almost quadrupled to € 9.7 million (previous year: € 2.5 million). In the Retail segment, earnings more than doubled to € 6.4 million (previous year: € 2.5 million). Despite ongoing closures in the food service and hotel sectors, the B2B segment generated a result of € 1.1 million (previous year: € -99 thousand).

The Chairman of the Board of Management of the Hawesko Group, Thorsten Hermelink, comments: “Even in the Corona crisis, our formats such as HAWESKO, Jacques’, Vinos and Wein & Co. are proving strong. We want to further expand the market position of the Hawesko Group as Europe’s largest, most innovative and most profitable wine trading group in the premium segment. In doing so, we can rely not only on our innovative strength but also on our high level of wine expertise and decades of experience in the wine market.”

The course of the rest of the financial year is very much dependent on the duration and form of the measures to combat the COVID 19 pandemic, but also on consumer reaction following its easing. Against this backdrop, it is not currently possible to make a reliable forecast of business performance for the remainder of the financial year.

# # #

As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group achieved sales of € 620 million and EBIT of € 42 million in 2020. 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 Large product range for wine lovers
jacques.de Jacques’ locations and online offer
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 Fine wine dealer with a rich tradition
weinart.de Rarities and top wines from around the world
the-wine-company.se The finest wines for Sweden

Press and Investor Relations contact:

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

12.05.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Quelle: EQS


Hawesko Holding AG: Hawesko Group with strong result for 2020

English News

DGAP-News: Hawesko Holding AG / Key word(s): Annual Report/Annual Results
22.04.2021 / 10:00
The issuer is solely responsible for the content of this announcement.

  • Pandemic changes wine market: permanent boost for wine sales via e-commerce expected
  • 12 percent rise in sales to € 620.3 million and 50 percent online growth in financial year 2020
  • EBIT for 2020 rises 45 percent to € 42.2 million
  • Increased dividend of € 2.00 per share proposed

Hamburg, 22 April 2021. The Board of Management of Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) expressed its satisfaction with the 2020 financial year at today’s Annual Press Conference. The Hawesko Group’s diversified position comprising the Retail, e-commerce and B2B segments afforded it protection in the extraordinary financial year of 2020 and enabled it to continue to operate reliably despite shifts between the sales channels.
The Hawesko Group’s Chief Executive Officer Thorsten Hermelink commented: “We are convinced the digital transformation of the premium wine market will continue at speed even after the pandemic. The e-commerce share of the wine trade in structural terms jumped to a higher level last year, giving it a springboard for further progress after the pandemic, certainly in the medium term.”

Sales revenues were increased by around 28 percent in the first quarter of 2021, to approximately € 159 million. EBIT almost quadrupled and exceeded € 15 million over the same period. However the prior-year period was barely affected by the coronavirus. For all the optimism surrounding e-commerce, it can be assumed that a portion of wine consumption will go “out of house” again after the pandemic. The further course of the current financial year will depend very much on the duration and nature of the measures taken to combat the COVID-19 pandemic, but also on how consumers respond after restrictions have eased. Bearing this in mind, it is currently not possible to issue a meaningful forecast for business development for the remainder of the financial year.

In the 2020 financial year, consolidated earnings were increased by 11.6 percent to € 620.3 million and the consolidated operating result (EBIT) grew by 44.6 percent to € 42.2 million. e-commerce served as the main driver of this leap in growth, but the Retail formats were also major contributing factors in this success. The Retail segment reported a 12.0 percent rise in sales to € 227.7 million. The operating result (EBIT) for the segment climbed from € 18.0 million in the previous year to € 24.3 million in the year under review. In the e-commerce segment, sales were boosted by 29.0 percent to € 230.4 million. EBIT for the segment came to € 22.4 million (previous year: € 11.6 million, including income of € 4.0 million from the sale of a property). The B2B segment was the most severely affected by coronavirus-related restrictions in 2020. Sales for the segment of € 162.1 million were consequently down 6.8 percent on the previous year. EBIT for the segment came to € 3.1 million (previous year: € 6.0 million). Costs for the holding company reached € 7.7 million (previous year: € 6.5 million).

The consolidated net income and the profit due to non-controlling interests amounted to € 23.8 million (previous year: € 15.8 million). This corresponds to € 2.65 per share (previous year: € 1.76). The consolidated balance sheet total was € 427.7 million (previous year: € 394.9 million), with the equity ratio consequently falling to 27.4 percent (previous year: 28.1 percent). Capital expenditure on property plant and equipment and intangible assets totalled € 5.7 million (previous year: € 7.7 million). The free cash flow was € 71.6 million (previous year: € 31.6 million).

The Hawesko Group is in rude health and well equipped to face the current challenges. The plan is to propose to the Annual General Meeting that the basic dividend be increased from € 1.30 to € 1.60 per share, with a special dividend of € 0.40 in recognition of the exceptional financial year.

# # #

As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group achieved sales of € 620 million and EBIT of € 42 million in 2020. 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 (online shop)
jacques.de (Jacques’ Wein-Depot locations and online shop)
vinos.de (Spanish wines)
wirwinzer.de (German wines directly from the producer)
weinco.at (online shop)

Press and Investor Relations contact:

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

22.04.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Quelle: EQS


Hawesko Holding AG: Hawesko Group starts 2021 with enormously good quarterly result

English News

DGAP-News: Hawesko Holding AG / Key word(s): Preliminary Results/Quarter Results
15.04.2021 / 07:59
The issuer is solely responsible for the content of this announcement.

  • 1st quarter 2021: Sales +28 percent, EBIT over € 15 million
  • Strong growth of sales and earnings continues

Hamburg, 15 April 2021. 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 quarter (1 January to 31 March) of 2021 will amount to more than € 15 million, almost quadrupling the figure for the previous year (same period last year: € 3.9 million). Sales revenues in the same period grew by approximately 28 percent to around € 159 million (previous year: € 123.8 million).
The course of the rest of the financial year is very much dependent on the duration and form of the measures to combat the COVID 19 pandemic, but also on consumer reaction following its easing. Against this background, it is currently not possible to make a reliable forecast of business performance for the remainder of the fiscal year.

Thorsten Hermelink, CEO of the Hawesko Group, comments, “We are extremely pleased that we were able to seamlessly build on the strong business performance of 2020 in the e-commerce and retail segments in the first quarter of 2021. Our diversified business model and our retail and e-commerce expertise allow us to successfully navigate through the risks and opportunities of the pandemic in this particular environment.”

A detailed analysis as well as the quarterly statement to 31 March 2021 will be published on 12 May 2021.

# # #

The Hawesko Group is a leading purveyor of premium wines and champagnes. In fiscal year 2019, the Group employed 1,200 persons in the company’s three sales channels: retail (Jacques’ Wein-Depot), B2B (Wein Wolf and CWD Champagner- und Wein-Distributionsgesellschaft) and e-commerce (particularly HAWESKO and Vinos). The shares of Hawesko Holding AG are listed on the Hanseatic Stock Exchange in Hamburg as well as in the Prime Standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145 d
22767 Hamburg
Germany

Internet: hawesko-holding.com (Company information)
hawesko.de (Online shop)
jacques.de (Jacques’ Wein-Depot information and online shop)
vinos.de (Spanish wines)
wirwinzer.de (German wines directly from the producers)
weinco.at (Online shop)

Press and Investor Relations contact:

Phone: +49 (0)40 30 39 21 00
Fax +49 (0)40 30 39 21 05
E-mail: ir@hawesko-holding.com

15.04.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Quelle: EQS


Hawesko Holding AG: Significant earnings increase in the first quarter of 2021

Hawesko Holding AG / Key word(s): Preliminary Results/Quarter Results
Hawesko Holding AG: Significant earnings increase in the first quarter of 2021

15-Apr-2021 / 07:53 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.

Hamburg, 15 April 2021. 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 quarter (1 January to 31 March) of 2021 will amount to more than € 15 million, almost quadrupling the figure for the previous year (same period last year: € 3.9 million). Sales revenues in the same period grew by approximately 28 percent to around € 159 million (previous year: € 123.8 million).
The course of the rest of the financial year is very much dependent on the duration and form of the measures to combat the COVID 19 pandemic, but also on consumer reaction following its easing. Against this background, it is currently not possible to make a reliable forecast of business performance for the remainder of the fiscal year.

A detailed analysis as well as the quarterly statement to 31 March 2021 will be published on 12 May 2021.

# # #

Publisher:

Hawesko Holding AG
Elbkaihaus
Große Elbstrasse 145d
22767 Hamburg
Germany

Press and Investor Relations contact:

Phone: +49 (0)40 30 39 21 00
Fax +49 (0)40 30 39 21 05
E-mail: ir@hawesko-holding.com

15-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Quelle: EQS


Hawesko Holding AG: Hawesko proposes dividend of EUR 1.30 per share

English News

08.04.2019 / 07:24
The issuer is solely responsible for the content of this announcement.

Hawesko proposes dividend of EUR 1.30 per share

Hamburg, 8 April 2019. The management board and supervisory board of Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) will propose a dividend payout of EUR 1.30 per share for fiscal year 2018, as in the previous year, to the annual general meeting of shareholders on 17 June 2019. With this step, shareholders continue to participate in the business success of their company at a high level of continuity – including this 21st year after Hawesko’s initial listing on the stock exchange in 1998. At the current share price of approximately EUR 35, the proposed payout corresponds to a dividend yield of 3.7%.

“In 2018 we increased consolidated sales overall by 3.4%, despite the difficult second half of the year,” commented CEO Thorsten Hermelink in Hamburg Friday evening. “Even excluding the acquisition of the Austrian market leader Wein & Co., we achieved modest growth, so that the Group has clearly asserted its market position. Moreover, the strong increase in free cash flow despite the lower consolidated EBIT underscores our earnings power.”

At its meeting on 5 April 2019, the supervisory board approved the annual financial statements for fiscal year 2018 and ratified the consolidated financial statements. In addition, the supervisory board agreed to the corresponding dividend proposed by the management board.

The final consolidated financial statements for 2018 show sales of EUR 524.3 million (+3.4 %; previous year: EUR 507.0 million). The result from operations (EBIT) amounts to EUR 28.1 million, excluding non-recurring charges of EUR 0.4 million due to the acquisition of Wein & Co. (previous year: EUR 30.4 million). Due to a positive financial result, consolidated net income after taxes and non-controlling interests rose to EUR 22.0 million (previous year: EUR 18.5 million). The consolidated balance sheet total comes to EUR 289.0 million (2017: EUR 259.7 million). Excluding the acquisition, free cash flow at EUR 20.2 million made a strong recovery (previous year, comparable, excluding acquisitions: EUR 6.2 million).

# # #

The complete 2018 annual report and accounts will be presented at the annual press conference on 25 April 2019.

Hawesko Holding AG is a leading purveyor of premium wines and champagnes. In fiscal year 2018, the Group employed approximately 1,000 persons in the company’s three brand units: retail (Jacques’ Wein-Depot and Wein & Co.), B2B (Wein Wolf and CWD Champagner- und Wein-Distributionsgesellschaft) and e-commerce (particularly HAWESKO and Vinos). The shares of Hawesko Holding AG are listed on the Hanseatic Stock Exchange in Hamburg as well as in the prime standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg

Internet: hawesko-holding.com (Company information)
hawesko.de (Online shop)
jacques.de (Jacques’ Wein-Depot information and online shop)
vinos.de (Spanish wines sold through Wein & Vinos)
wirwinzer.de (German wines directly from the producers)
weinco.at (Online shop)

Press and Investor Relations:

Thomas Hutchinson
Phone: +49 (0)40 30 39 21 00
Fax +49 (0)40 30 39 21 05
E-mail: ir@hawesko-holding.com

08.04.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Quelle: EQS


Hawesko Holding AG: Hawesko Group gains market share again in 2018

English News

30.01.2019 / 08:00
The issuer is solely responsible for the content of this announcement.

Hawesko Group gains market share again in 2018

Hamburg, 30 January 2019. Today the wine-trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708), Europe’s leading wine trading company and Germany’s No. 1 purveyor of premium wines and champagnes, announced that based on preliminary figures it achieved consolidated sales of EUR 525 million in fiscal year 2018. For the first time, this figure includes a sales contribution of the Austrian market leader Wein & Co. Thus, sales of the Hawesko Group in fiscal year 2018 increased by 3.5% over the previous year. Excluding Wine & Co., consolidated sales amounted to EUR 511 million (+0.7% compared to the previous year). As the German wine market overall declined in terms of value and volume in fiscal year 2018, the Group once again increased its share of the market. With regard to consolidated EBIT, the Hawesko management board expects a figure of approximately EUR 28 million excluding the non-recurring charges arising from Wein & Co. In the previous year, EBIT amounted to EUR 30.4 million. Including the non-recurring charges from the initial consolidation of Wein & Co., consolidated EBIT for 2018 will be approximately EUR 25 million based on preliminary figures.

CEO Thorsten Hermelink commented, “The year 2018 was not easy for us primarily due to the intense, long-lasting summer heat in the third quarter. The high temperatures simply caused people in Germany to drink less wine. In the fourth quarter, demand returned to normal again, but it was not possible to compensate fully for the decline in the third quarter. Based on the information available to us, the wine market in Germany contracted over the past year, so that the slight growth we achieved is even more important. I was especially pleased that we received an additional boost in sales in the fourth quarter from Wein & Co., the market leader for premium wines in Austria. Thus, we are continuing to grow both organically and via acquisitions. With regard to consolidated EBIT, we achieved our revised target.” Hermelink added, “In the current fiscal year we are working hard to create the foundations for further strengthening our market position. At the same time we want to continue growing profitably.”

# # #

Hawesko Holding AG is a leading supplier of premium wines and champagnes. In fiscal year 2017, the Group employed 954 persons in the company’s three sales channels: omnichannel (Jacques’ Wein-Depot), B2B (Wein Wolf and CWD Champagner- und Wein-Distributionsgesellschaft) and digital (particularly HAWESKO and Vinos). The shares of Hawesko Holding AG are listed on the Hanseatic Stock Exchange in Hamburg as well as in the prime standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg

Internet: hawesko-holding.com (Company information)
hawesko.de (Online shop)
jacques.de (Jacques’ Wein-Depot information and online shop)
vinos.de (Selected Spanish wines)
wirwinzer.de (German wines directly from the producers)

Press and Investor Relations contact:
Thomas Hutchinson
Phone: +49 (0)40 30 39 21 00
Fax +49 (0)40 30 39 21 05
E-mail: ir@hawesko-holding.com

30.01.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Quelle: EQS


Hawesko Holding AG: Strong 4th quarter expected

English News

08.11.2018 / 08:00
The issuer is solely responsible for the content of this announcement.

Hawesko Holding: Strong 4th quarter expected

– Long summer pressured performance in the third quarter

– Demand recovering at the start of the holiday quarter

– Initial consolidation of Wein & Co. expected to add EUR 13 million in sales

Hamburg, 8 November 2018. Today Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) published its report on the third quarter and the first nine months of fiscal year 2018. “In the third quarter the long, hot summer caused our business to fall short on sales and earnings, particularly in September,” said Thorsten Hermelink, chief executive officer of the Hawesko Group. “However, because we set a decent pace in the first half-year, we were still able to achieve sales growth of 1.2% and an operating result of EUR 12.4 million in the nine-month period.” Hermelink added, “At the start of the final quarter, we see that demand is already recovering, we’re focussing all of our energy on a successful holiday business and we expect a strong fourth quarter. In addition, the initial consolidation of Wein & Co., the market leader in the premium segment in Austria, will give us a major boost in sales of approximately EUR 13 million.”

In the third quarter of 2018 (1 July to 30 September), the Hawesko Group achieved consolidated sales of EUR 108.3 million, after EUR 110.7 million in the same quarter of the previous year. While sales in the B2B (wholesale) and digital (distance selling) brand units, at 6.4% and 2.9% respectively, fell short of the previous year’s levels due to the unusually long, hot summer, sales at the omni-channel brand unit (Jacques’ Wein-Depot) rose by 3.6% (on a like-for-like basis: 1.8%).

The consolidated result of operations (EBIT) amounted to EUR 1.8 million in the third quarter of 2018, excluding a provision recognised for impending losses at a subsidiary (previous year: EUR 4.1 million). The decline resulted from the shortfall in sales and gross profit compared to the previous year and from expenditures for growth.

The Group’s management board has revised its forecast for 2018 in line with these circumstances and with the initial consolidation of Wein & Co. as of 1 October 2018, and expects sales growth of approximately 5% (previous year: EUR 507 million) and an EBIT after the deduction of integration costs for Wein & Co. of EUR 25-27 million (previous year: EUR 30.4 million).

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The full nine-month financial report to 30 September 2018 is available for downloading at https://www.hawesko-holding.com/en/press/interim-reports-2018/.

Hawesko Holding AG is a leading supplier of premium wines and champagnes. In fiscal year 2017, the Group achieved sales of EUR 507 million and employed 954 persons in the company’s three sales channels: omnichannel (Jacques’ Wein-Depot), B2B (Wein Wolf and CWD Champagner- und Wein-Distributionsgesellschaft) and digital (particularly HAWESKO and Vinos).The shares of Hawesko Holding AG are listed on the Hanseatic Stock Exchange in Hamburg as well as in the prime standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg

Internet: hawesko-holding.com (Company information)
hawesko.de (Online shop)
jacques.de (Jacques’ Wein-Depot information and online shop)
vinos.de (Spanish wines sold through Wein & Vinos)
wirwinzer.de (German wines directly from the producers)

Press and Investor Relations:
Thomas Hutchinson
Phone: +49 (0)40 30 39 21 00
Fax +49 (0)40 30 39 21 05
E-mail: ir@hawesko-holding.com

08.11.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Quelle: EQS


Hawesko Holding AG adjusts forecast for 2018

English Ad-Hoc News

Hawesko Holding AG / Key word(s): Results Forecast
Hawesko Holding AG adjusts forecast for 2018

19-Oct-2018 / 19:42 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.

Hawesko Holding adjusts forecast for 2018– Long hot summer wilted demand

– Unexpected provision because of fraud case at subsidiary

Hamburg, 19 October 2018. The wine trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) has announced that, based on the preliminary third-quarter figures, it is adjusting its forecast for fiscal year 2018. The Hawesko management board now expects – excluding the initial consolidation of the subsidiary Wein & Co, acquired on 1 October 2018 – an increase of approximately 2.5% over the previous year’s sales of EUR 507 million and an operating result (EBIT) between EUR 28-30 million, slightly below that of the previous year (EUR 30.4 million). Until now, sales growth of 3% and an EBIT increase to EUR 32-33 million had been anticipated.

The adjustment of the forecast is taking place for two reasons: On the one hand, sales in the third quarter (1 July to 30 September 2018) were lower than expected, particularly in September, due to the long hot summer. Based on preliminary figures, the Hawesko Group achieved sales of EUR 108.4 million for the quarter under review (previous year: EUR 110.7 million). The heat-related shift of demand to light white and rosé wines that were both cheaper and had smaller margins had a negative impact on the quarterly result. On the other hand, the management board has become aware during the current preparation of the quarterly financial statements that a provision of EUR 1 million will need to be made for an impending charge in connection with a case of fraud at the subsidiary Gebrueder Josef und Matthaeus Ziegler GmbH, Freudenberg. The quarterly EBIT will not reach the previous year’s level of EUR 4.1 million, but will be positive. A detailed analysis, the expected effects of the initial consolidation of Wein & Co and the complete interim finanical statements to 30 September 2018 will be published in the Quarterly Financial Report on 8 November 2018.

# # #

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg, Germany

Press and Investor Relations:
Thomas Hutchinson
Phone: +49 (0)40 30 39 21 00
Fax +49 (0)40 30 39 21 05
E-mail: ir@hawesko-holding.com

19-Oct-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Quelle: EQS


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