All posts by exteuber


Hawesko Holding SE: Conversion to SE completed

English News

EQS-News: Hawesko Holding SE / Key word(s): Miscellaneous
Hawesko Holding SE: Conversion to SE completed
14.11.2022 / 14:38 CET/CEST
The issuer is solely responsible for the content of this announcement.

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

14.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Quelle: EQS


Hawesko Holding AG: Hawesko Group holds its own in a difficult market environment

English News

EQS-News: Hawesko Holding AG / Key word(s): 9 Month figures/Quarterly / Interim Statement
Hawesko Holding AG: Hawesko Group holds its own in a difficult market environment
10.11.2022 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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

10.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Quelle: EQS


Hawesko Holding AG: Hawesko Group stronger than market development

English News

DGAP-News: Hawesko Holding AG / Key word(s): Half Year Report
Hawesko Holding AG: Hawesko Group stronger than market development
10.08.2022 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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

10.08.2022 CET/CEST 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: Investment in the Czech Republic expands international activities

English News

DGAP-News: Hawesko Holding AG / Key word(s): Takeover/Expansion
Hawesko Holding AG: Investment in the Czech Republic expands international activities
19.07.2022 / 08:00
The issuer is solely responsible for the content of this announcement.

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

19.07.2022 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 € 2.50 per share

English News

DGAP-News: Hawesko Holding AG / Key word(s): AGM/EGM/Dividend
Hawesko Holding AG: Annual General Meeting approves payment of a dividend of € 2.50 per share
15.06.2022 / 13:27
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

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

15.06.2022 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 results in 2021

English News

DGAP-News: Hawesko Holding AG / Key word(s): Annual Report/Forecast
Hawesko Holding AG: Hawesko Group with strong results in 2021
21.04.2022 / 10:00
The issuer is solely responsible for the content of this announcement.

  • 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

21.04.2022 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 Holding AG plans conversion into European stock corporation (‘SE’)

Hawesko Holding AG / Key word(s): Miscellaneous
Hawesko Holding AG: Hawesko Holding AG plans conversion into European stock corporation (‘SE’)

15-March-2022 / 08:30 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 March 2022. The Board of Management and Supervisory Board of the wine trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) have resolved to take the necessary steps to convert the company into a European stock corporation (Societas Europaea, SE) under the name Hawesko Holding SE by way of a change of legal form pursuant to Art. 2 (4) in conjunction with Art. 37 of Council Regulation (EC) No. 2157/2001 on the Statute for a European company (“SE”). Article 37 of Council Regulation (EC) No. 2157/2001 of 8 October 2001 on the Statute for a European company. This legal form reflects the increasingly strong international orientation of the company.

The current dualistic management system of the company, consisting of the Executive Board as the management body and the Supervisory Board as the supervisory body, is to continue under the new legal form of the SE. The responsibilities and composition of the Executive Board and Supervisory Board will remain unaffected by the new structure. The registered office of the company shall remain unchanged in Hamburg, Germany.

The conversion to the legal form of an SE is conditional, among other things, on the Annual General Meeting of Hawesko Holding AG approving the conversion plan and adopting the Articles of Association of the future Hawesko Holding SE contained therein. Corresponding proposed resolutions are to be submitted to the 2022 Annual General Meeting for approval. The effectiveness of the conversion into the legal form of an SE also presupposes that the procedure for agreeing on the involvement of employees in the future Hawesko Holding SE has been completed or terminated prior to registration.

As a result of the SE conversion, the legal position of the shareholders of Hawesko Holding AG remains fundamentally unaffected. They will hold the same number of no-par value shares in Hawesko Holding SE. Furthermore, the stock exchange trading of the shares will not be affected by the SE conversion, so that the shares of the future Hawesko Holding SE will continue to bear the previous ISIN DE0006042708.

# # #

Publisher:

Hawesko Holding AG
Elbkaihaus
Große Elbstrasse 145d
22767 Hamburg
Germany

Press and Investor Relations contact:
Lena Lundius
Head of Investor Relations & Communications
Phone: +49 (0)40 30 39 21 00
Fax +49 (0)40 30 39 21 05
E-mail: ir@hawesko-holding.com

15-March-2022 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: E-commerce boosts sales and earnings of the Hawesko Group

English News

DGAP-News: Hawesko Holding AG / Key word(s): Preliminary Results
04.02.2022 / 08:00
The issuer is solely responsible for the content of this announcement.

  • 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

04.02.2022 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 growth trend in third quarter

English News

DGAP-News: Hawesko Holding AG / Key word(s): 9 Month figures/Quarterly / Interim Statement
11.11.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

  • YTD 2021: Group sales +13 percent; EBIT € 38.2 million (+77 percent)
  • Third quarter 2021: Group sales +6 percent; EBIT € 7.1 million (-16 percent)
  • Forecast unchanged for full year 2021: +2-5 percent sales growth; EBIT € 48-55 million (+14-30 percent)

Hamburg, 11 November 2021. The wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) today published its nine-month financial report 2021 including the figures for the third quarter (July 1 to September 30). Sales for the third quarter of 2021 show an increase of 6 percent to € 145.4 million (same period last year: € 137.7 million). EBIT in the same period amounts to € 7.1 million (prior-year period: € 8.5 million) and is thus 16 percent below the prior-year figure. The third quarter compares business developments in both 2020/2021, both of which were impacted by the pandemic. However, the pandemic event itself showed significant differences in the two years.

Our E-Commerce segment continued to experience strong demand and increased sales by 6 percent. The Retail segment recorded a slight decline of 1 percent in sales. Jacques’ remained at the previous year’s level and Wein & Co. was 5 percent below the prior-year period. B2B enjoyed 14 percent growth thanks to strong sales to food retailers. At € 7.1 million, Group EBIT in the third quarter was 16 percent down on the previous year’s figure of € 8.5 million, driven partly by a deterioration in advertising efficiency and partly by non-recurring effects. Each segment achieved an increase in its gross margin in the third quarter, enabling us to report an overall gross margin of 43.7 percent (prior-year period: 42.0 percent).

In the nine-month period (January 1 to September 30), consolidated sales of the Hawesko Group rose year on year by 13 percent to € 470.3 million. Group EBIT rose by 77 percent to € 38.2 million. Consolidated net income for Hawesko shareholders almost doubled to € 23.9 million, while earnings per share amounted to € 2.62, compared with € 1.44 in the first half of the previous year.

The Chairman of the Board of Management of the Hawesko Group, Thorsten Hermelink, comments: “The development of the group is entirely in line with our expectations. It will be very difficult to surpass the Christmas business from last year with the special underlying conditions. However, we are excited every day about the continued very high demand for our products.”
Against this backdrop, the Board of Management of the Hawesko Group continues to expect sales 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 € 632 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

11.11.2021 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 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


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