Category: English News


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: 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


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


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