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.

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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

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.

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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

Significant earnings increase after three quarters

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

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

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Herausgeber:

Hawesko Holding AG
Elbkaihaus
Große Elbstraße 145d
22767 Hamburg

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

Strong sales development and significant EBIT increase at half-year

Hamburg, 16 July 2020. The wine-trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) announces that the operating result (EBIT) of the group in the first half-year of 2020 (1 January to 30 June) is expected to rise by about 50% to approximately € 13.1 million according to preliminary calculations (previous year: € 8.8 million). Sales revenues will have increased during the same period by 8.5% to € 277.6 million (previous year: € 255.8 million). Due to the continued difficulty of estimating the development of the coronavirus pandemic, a reliable forecast for the full year 2020 is still not possible.

A detailed analysis as well as the full interim accounts at 30 June 2020 will be published on 6 August 2020.
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Dividend for 2019 raised to € 1.75, virtual shareholders meeting on 20 August

Hamburg, 17 June 2020. Today the Board of Management and Supervisory Board of the wine-trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) decided to propose a total dividend of € 1.75 per share and to hold the annual shareholders meeting as a virtual online event on 20 August 2020 after postponing the original date due to the corona pandemic. The total payout consists of the regular dividend amounting to € 1.30 per share plus a special dividend of € 0.45 based on the good liquidity situation.

Because it is not sure that the shareholders meeting, previously planned for the autumn as an in-person event, can take place as such, the company’s management has decided instead to hold it as a virtual online event on 20 August 2020.

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Hawesko Group expects a 9-month EBIT below that of the previous year – full-year forecast for 2019 remains unchanged

Hamburg, 22 October 2019 The wine trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) has announced that, based on preliminary calculations, it expects an operating result (EBIT) for the nine-month period to 30 September 2019 below the previous year’s result of EUR 11.4 million. Including the initial consolidation of Wein & Co., the EBIT should be between EUR 7-8 million and on a comparable basis excluding Wein & Co. between EUR 9-10 million. Consolidated sales during the nine-month period rose by approximately 8% compared to the same period in the previous year (EUR 346.1 million), which is within the expected range of 7-9% for the full-year forecast.

While the EBIT in the third quarter (1 July to 30 September 2019) of the E-commerce, Retail and Miscellaneous segments was, as expected, more positive than that of the previous year’s third quarter, the B2B segment incurred unplanned one-off charges as a result of relocating the Group’s B2B warehouse from northern Germany to Worms.

The Hawesko management board expects that positive one-off effects will be realised in the fourth quarter within the framework of the change in the B2B group logistics. Thus, the board can maintain its forecast with regard to the EBIT (margin of 5.0%-5.7%), the consolidated net income and the free cash flow.

A detailed analysis and the complete interim accounts will be published on 7 November 2019 in the quarterly financial report to 30 September 2019.

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Hawesko Group: Change in profit development within the year vis-a-vis previous year, full-year forecast confirmed

Hamburg, 19 July 2019. The wine trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) announces an explanation of changes in its profit development within fiscal year 2019 due to special effects: On the basis of figures for the first quarter and preliminary indications for the second quarter, EBIT of approximately EUR 8 million is expected for the first half-year (1 January to 30 June) 2019 and, as planned, will be below the previous year’s figure – by approximately EUR 2.5 million.

The business development of the subsidiary Wein & Co., acquired 1 October 2018, is proceeding as expected in line with the planned restructuring concept. Within this context Wein & Co. will realise a loss of approximately EUR 1 million in the six-month period to 30 June 2019 and, based on the normal course of a business year, will largely make this up in the fourth quarter. Due to the move of the group’s B2B distribution facility from northern Germany to Worms in the period May-July, additional costs of approximately EUR 0.7 million in the half-year accounts will be realised. These should be compensated by savings in transport costs in the second half of the year due to shorter delivery routes. A severance payment relating to the dissolution of a contract with a member of the board of management will also be recognised in the half-year results; however, as the position will not be refilled, this anticipates personnel costs which would have been incurred in the second half of the year. Business operations are running in line with the expectations of the board of management. In the first half-year, group sales were increased by 7.6%.

The Hawesko Group management board confirms its previous forecast for the 2019 fiscal year: Including Wein & Co., consolidated from 1 October 2018, an increase in sales of approximately 7-9% and an EBIT margin in the range between 5.0-5.7% in 2019 (previous year: 5.3%) is expected.

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.

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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

Hawesko Holding AG acquires Austrian market leader WEIN & COHamburg, 27 July 2018. Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) signed an agreement today to acquire 100% of WEIN & CO Handelsgesellschaft m.b.H., Vösendorf/Austria. With this step the Hawesko Group will extend beyond its existing wholesale activities in Austria, running successfully for 20 years under the Wein Wolf brand, with a company in the end-customer segment.

WEIN & CO is a leading supplier of high-quality wines and champagnes in Austria and achieved EUR 43 million in sales in fiscal year 2016/17. The company thus fits ideally in the premium brand community of the Hawesko Group and will remain an independent brand.

The initial consolidation of WEIN & CO is expected to take place at 1 October 2018. The Hawesko management board reckons with non-recurring integration costs in the amount of a mid-range, single-digit million-euro figure, which has not yet been included in the planning for 2018.

The transaction is subject to the approval by the relevant regulatory authorities as well as to other customary terms of conclusion. The conclusion of the transaction is expected at the beginning of the fourth quarter of 2018.

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Published by:

Hawesko Holding AG
Elbkaihaus
Große Elbstraße 145d
22767 Hamburg, Germany

Presse- und Investor-Relations-Kontakt:
Thomas Hutchinson
Tel. (+49 40) 30 39 21 00
Fax (+49 40) 30 39 21 05
E-Mail: ir@hawesko-holding.com

Hamburg, 12 June 2018. Per ad hoc statement on 4 January 2018 the wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) announced in connection with rumours raised in the market that, though the board of management of Hawesko Holding AG had expressed interest in an acquisition of WEIN & CO Handelsgesellschaft m.b.H., Vösendorf/Österreich to its owner, no further concrete negotiations took place at that time. The management board has decided today to commence negotiations about an acquisition of the majority of WEIN & CO and to start a detailed company examination (Financial Due Diligence) of WEIN & CO.

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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