Category: English News


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

English News

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

Hawesko Group gains market share again in 2018

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

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

# # #

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

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg

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

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

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

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

Quelle: EQS


Hawesko Holding AG: Strong 4th quarter expected

English News

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

Hawesko Holding: Strong 4th quarter expected

– Long summer pressured performance in the third quarter

– Demand recovering at the start of the holiday quarter

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

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

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

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

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

# # #

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

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

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg

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

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

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

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

Quelle: EQS


Hawesko Holding AG: Acquisition of Wein & Co completed

English News

02.10.2018 / 10:00
The issuer is solely responsible for the content of this announcement.

Acquisition of Wein & Co completed

Hamburg, 2 October 2018. Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) has acquired 100% of the shares of Wein & Co Handelsgesellschaft m.b.H., Vösendorf/Austria. All of the necessary approvals were issued and now the transaction has been completed.

Wein & Co is a leading purveyor of high-quality wines and champagnes in Austria and achieved EUR 43 million in sales in fiscal year 2016/17. The concept is based on premium lifestyle with wine bars, culinary art and events. Complemented by its online shop, Wein & Co has an integrated omnichannel offering in pure form, and is thus a viable platform that can be scaled internationally.

With this acquisition, the Hawesko Group has added a premium brand in the end-customer sector to its existing wholesale activities in Austria. Sales from foreign operations will now rise from approximately 9% up to 16% of total Group sales. For producers the Hawesko Group will be even more attractive as a partner.

According to Thorsten Hermelink, CEO of Hawesko Holding AG, the company fits perfectly in the premium brand community of the Hawesko Group and will remain an independent retail brand. Hermelink added, “Hawesko and Wein & Co simply fit well to each other – strong position in the respective markets, exciting and viable concepts for the future and the shared passion for wine. For us the acquisition of Wein & Co is an important strategic milestone.”

Heinz Kammerer, the founder of Wein & Co, said he was happy to be able to put the company he founded 25 years ago into experienced and competent hands. He will no longer be involved in the daily operations, but will continue to play an active role as a consultant. Thorsten Hermelink welcomed Mr Kammerer’s decision to continue to support the realignment he initiated with his immense expertise and his excellent relationships in the Austrian wine world.

Together, Hawesko and the management of Wein & Co will continue to develop the brand, position it for the future and utilize the potential of Wein & Co for international expansion and e-commerce. Initial consolidation will take place as of 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 been included in the planning for 2018.

# # #

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

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg

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

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

02.10.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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

Quelle: EQS


Hawesko Holding AG: Q2 sales up by 3.4%

English News

02.08.2018 / 08:00
The issuer is solely responsible for the content of this announcement.

Hawesko Holding: Q2 sales up by 3.4%

– All brand units contribute to growth
– Growth initiatives and higher IT expenses temporarily pressure EBIT
– Management board sees a positive picture overall and confirms full-year forecast

Hamburg, 2 August 2018 Today the wine-trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) published its report on the second quarter and the first six months of fiscal year 2018. “The overall picture for the second quarter and the first half of the year are equally positive. Because the Easter business took place in the first quarter and the Soccer World Cup is generally not really good for the wine business, external growth stimuli were a bit lacking. Despite this, all brand units posted sales increases in the second quarter and grew,” said Thorsten Hermelink, CEO of the Hawesko Group in Hamburg. Hermelink added, “In addition to the organic growth, we are have also kept an eye on acquisitional growth. The agreed takeover of Wein & Co, the Austrian market leader in the premium segment, is a further step in the ongoing development of the Group”.

In the second quarter of 2018 (1 April to 30 June), consolidated sales rose to EUR 125.7 million, up by 3.4% over the previous year (EUR 121.5 million). Sales in the B2B (wholesale) brand unit increased by 6%, in the omnichannel brand unit (Jacques’ Wein-Depot) by 3% (just under 2% on a like-for-like basis), and in the digital (distance selling) brand unit by 1%.

The consolidated operating result (EBIT) in the second quarter of 2018 amounted to EUR 5.7 million (same quarter in the previous year: EUR 6.6 million). The decline from the previous year was due to growth-related investments, and in the omnichannel and digital brand units to temporarily higher IT costs in the wake of an SAP implementation as well as programming expenses in the e-commerce area. Moreover, EBIT at Vinos declined due to lower sales compared to the same quarter of the previous year, in which there had been high demand for its special anniversary offers. The management board expects that these negative factors will not recur in the further course of the year and will be compensated in the second half of the year, in which more than 60% of sales and profit are typically earned.

The management board confirms its forecast (excluding the effects of the agreed acquisition of Wein & Co), expects organic sales growth of approximately 3% for the Group and assumes that all three segments will be within this range. Consolidated EBIT is expected in the range between EUR 32-33 million in 2018, corresponding to an EBIT margin of approximately 6.2%, and thus an increase of about 0.2 percentage points over 2017.

# # #

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

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

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg

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

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

02.08.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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

Quelle: EQS


Hawesko Holding comments on the AGM

English News

11.06.2018 / 17:00
The issuer is solely responsible for the content of this announcement.

– Dividend of EUR 1.30 per share to be paid

– Jörg Haas elected to the supervisory board

– Full-year forecast confirmed

Hamburg, 11 June 2018 The annual general meeting of the wine trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) approved the payment of a dividend of EUR 1.30, to be paid out as of 14 June 2018, so that the company’s shareholders will receive a dividend unchanged from last year. Hawesko Holding AG is continuing its long-standing tradition of paying a dividend to its shareholders every year since its listing on the stock exchange in 1998.

The formalities were also completed and Dr. Jörg Haas, who was appointed by Hamburg Municipal Court as the successor of Gunnar Heinemann in December 2017, was elected to the supervisory board.

Chief executive officer Thorsten Hermelink expressed optimism about the company’s ongoing development, saying “Our strategic decisions have borne fruit, and the Hawesko Group and its B2B and retail brands are well-positioned for the future. We are well-prepared for the expected consolidation in the market, and we intend to increase our profitability both with our future-oriented strategy and the intensified cooperation between our three segments.”

The company also confirmed its forecast for the current 2018 fiscal year: The Hawesko Group, said chief financial offer Raimund Hackenberger, is on track to reaching its full-year targets.

# # #

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

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg
Germany

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

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

11.06.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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

Quelle: EQS


Hawesko Holding AG: Solid foundation laid in the first quarter for the full year

English News

09.05.2018 / 08:00
The issuer is solely responsible for the content of this announcement.

– Quarterly sales up by 2% compared to the previous year

– Operating result (EBIT) developed proportionately to sales

– Full-year forecast confirmed

Hamburg, 9 May 2018. Today Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) published its report on the first quarter of fiscal year 2018. Thorsten Hermelink, CEO of the Hawesko Group, judged the business performance positively, saying, “My colleagues on the management board and I are satisfied with the first-quarter results. With the growth in sales and EBIT we have established a good base for reaching our targets for 2018. Our strategy of generating high growth throughout the Group via centralised platforms has been validated by its success. This process is not yet completed; it will remain a top priority and a focus of investment. We see in particular growth opportunities for the Group in the area of digital concepts. We are carefully monitoring the market in this area and looking specifically for suitable acquisition opportunities.”

In the first quarter of 2018 (1 January to 31 March), consolidated sales rose by 2.3% over the same quarter in the previous year to EUR 112.2 million (previous year: EUR 109.7 million). Sales in the omni-channel brand unit (Jacques’ Wein-Depot) rose 9.0 % from EUR 31.9 million in the same quarter of the previous year to EUR 34.8 million in the first quarter of 2018. In the B2B brand unit (wholesale), sales at EUR 40.2 million were slightly below the strong figure of EUR 40.7 million in the same quarter of the previous year. In the digital brand unit (distance selling), sales rose from EUR 37.0 million to EUR 37.2 million. The consolidated operating result (EBIT) amounted to EUR 5.0 million in the first quarter of 2018, once again a high figure in long-term comparison. The EBIT margin at 4.4% in the quarter under review remained at the level of the previous year.

The management board confirms its forecast, expects organic sales growth of approximately 3% for the Group, and assumes that all three segments will be within this range. Consolidated EBIT is expected to be in a range between EUR 32 million and EUR 33 million in 2018, corresponding to an EBIT margin of approximately 6.2%, and thus an increase of about 0.2 percentage points over 2017.

# # #

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

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg
Germany

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

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

09.05.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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

Quelle: EQS


Hawesko Holding AG: 20 years of dividends at the Hawesko Group

English News

06.04.2018 / 16:57
The issuer is solely responsible for the content of this announcement.

– The group has paid a dividend every year since its IPO in 1998

– Management board and supervisory board propose a dividend of EUR 1.30 per share

– Preliminary result for 2017 confirmed

Hamburg, 6 April 2018. The wine trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) expects to pay a dividend of EUR 1.30 per share for fiscal year 2017, as in the previous year. At its meeting today, the supervisory board agreed to the corresponding dividend proposal of the management board. Thus, the company will pay a dividend for the twentieth consecutive year since its listing on the stock exchange in 1998.

“In addition to organic growth, we achieved higher growth in 2017 due to acquisitions compared to the previous years. Moreover, we further improved our efficiency and profitability in our core business, so that we are able to finance additional growth initiatives from our own resources,” said CEO Thorsten Hermelink in Hamburg today. “Our shareholders will be especially pleased that we have again created the basis for adequate participation in the company’s success in the twentieth consecutive year after our IPO, and will pay a dividend at the previous year’s level.”

The consolidated accounts for 2017 show sales of EUR 507.0 million (+5.4 %; previous year: EUR 480.9 million). The result from operations (EBIT) amounted to EUR 30.4 million. (previous year, unadjusted for special effects: EUR 29.6 million). Consolidated net income after taxes and non-controlling interests amounted to EUR 18.5 million (previous year: likewise EUR 18.5 million; both figures unadjusted for special effects). The consolidated balance sheet total amounted to EUR 259.7 million (2016: EUR 231.3 million). Furthermore, the supervisory board reviewed, discussed and ratified the annual and consolidated financial statements for fiscal year 2017 (1 January to 31 December); they are thus approved.

# # #

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

The complete 2017 annual report and accounts will be presented at the annual press conference on 19 April 2018.

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
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 sold through Vinos)
wirwinzer.de (German wines directly from the producers)

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

06.04.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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

Quelle: EQS


Hawesko Holding AG: Hawesko Group posts record figures for sales and earnings –

English News

31.01.2018 / 08:00
The issuer is solely responsible for the content of this announcement.

Hawesko Group posts record figures for sales and earnings

Consolidated sales in 2017 grew by 5.5%, exceeding half a billion euros for the first time

– Good progress in digitalisation: online sales up by 15%.

Improved efficiency in the core business forms basis for further growth

Hamburg, 31 January 2018. Today the wine-trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) announced that, based on preliminary figures, it set new records in fiscal year 2017. At EUR 507 million, consolidated sales exceeded half a billion euros for the first time, and the operating result (EBIT), just over EUR 30 million, reached another new high.

CEO Thorsten Hermelink put the group’s success into concrete terms: “We achieved our goals for 2017. We have significantly accelerated growth compared to the previous years as well as increased efficiency and profitability in our core business, so that we are able to finance additional growth initiatives from our own resources. With the sales increase of 5.5% we once again outperformed the wine market, which was stagnant taken as a whole. As in the past two years, we have been working successfully on our efficiency, achieved proportionally higher growth in EBIT in our core business and used the resulting financial latitude to invest in growth. Our online sales – an important driver of growth in the group – rose by 15% compared to the previous year. We will continue to invest consistently in this area – for example in the expansion of WirWinzer or in Enzo, our new concept for Italian wines.” Hermelink added, “In the current fiscal year, we want to make further progress on our path of profitable growth, expand our existing concepts and test promising new ones. We will also keep an eye out for appropriate acquisition targets.”

Consolidated sales in 2017 rose by 5.5% from EUR 480.9 million in the previous year to EUR 507.5 million. Excluding the acquisitions of WirWinzer, WeinArt and Grand Cru Select, consolidated sales rose by 2.5%. According to preliminary calculations, the consolidated operating result (EBIT) of the Hawesko Group is just over EUR 30 million, as planned (previous year, adjusted for special effects – with a positive overall result -: EUR 29.1 million).

# # #

Hawesko Holding AG is a leading seller of premium wines and champagnes. In fiscal year 2016, the group achieved sales of EUR 481 million and employed 940 persons in the company’s three sales channels: omnichannel (Jacques’ Wein-Depot), B2B (Wein Wolf and CWD Champagner- und Wein-Distributionsgesellschaft) and digital (especially Hawesko.de and Vinos.de).
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.

The complete 2017 annual report and accounts will be presented at the annual press conference on 19 April 2018.

Publisher: Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg

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

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

31.01.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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

Quelle: EQS


Bernd G. Siebdrat to step down from the Hawesko management board at the end of the year

English News

Bernd G. Siebdrat to step down from the Hawesko management board at the end of the year

Hamburg, 18 December 2017. Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) announced today that Bernd G. Siebdrat will resign from the management board with effect from 31 December 2017 as planned. Siebdrat joined the management board in 2008 and has been responsible for the B2B brand unit, which guides the wholesale activities of the Group. Thorsten Hermelink will take over responsibility for the brand unit in the management board. Thus, in the future the Hawesko management board will consist of the four members Thorsten Hermelink (chief executive officer and head of the B2B brand unit), Alexander Borwitzky (head of the omnichannel brand unit), Raimund Hackenberger (chief financial officer) and Nikolas von Haugwitz (head of the digital brand unit). After his withdrawal from the daily operations of the B2B brand units, Siebdrat will remain the chairman of the advisory board of Wein Service Bonn GmbH (the successor to Wein Wolf Holding GmbH) and supervise comprehensive projects for Hawesko Holding AG as well.

Bernd G. Siebdrat can look back on a long and successful career in the wine industry. Together with a business partner, he founded the predecessor to Wein Wolf in the late 1970s, and in the following years he built Wein Wolf into one of the leading distributors for ultra-premium wines in Germany. In 1999 the Wein Wolf Group experienced further growth when Hawesko Holding AG acquired a majority interest in the company, and the Hawesko Group also benefited from its new subsidiary. Siebdrat was the managing director of the Wein Wolf Group until the end of 2016. In 2008 he was appointed to the management board of Hawesko Holding AG with responsibility for the wholesale/distribution segment (now the B2B brand unit). In the current fiscal year, the brand unit is expected to achieve sales of € 185 million and employ 260 people.

As the chairman of the advisory board of Wein Wolf, Siebdrat intends to focus on actively supporting the generational change in the B2B brand unit over the next four years: “The past several years in the management board headed by Thorsten Hermelink have been both demanding and successful, have forged us together and are an excellent basis to continue the constructive teamwork on various projects. I am enthusiastic about my role as “elder statesman” and look forward to contributing my experience into an ambitious younger team. I’ve initiated this further step in my own personal development and am grateful for the opportunity to do it. The majority interest of Hawesko Holding in the Wein Wolf Group has been a stroke of luck for everyone involved. It has enabled me personally not only to work with Alexander Margaritoff until 2015 but also to get to know entrepreneur Detlev Meyer. Over the past several decades, both of them have contributed phenomenally to the Hawesko Group.

Detlev Meyer, the chairman of the supervisory board of the Hawesko Group, stated: “Bernd Siebdrat has had a formative influence on the B2B brand unit of the Hawesko Group for nearly 20 years now, and thus played a crucial role in the success of the entire Group. He enjoys great respect not only among our business partners, but throughout the world of wine. We thank him for his commitment to the management board and are delighted that he will continue to help us with all his experience and sure instincts in further advancing our B2B business in his new role.

#          #          #

Hawesko Holding AG is a leading supplier of premium wines and champagnes. In fiscal year 2016, the group achieved sales of € 481 million and employed 940 persons in its three sales channels: omnichannel (Jacques’ Wein-Depot), B2B (Wein Wolf and CWD Champagner- und Wein-Distributionsgesellschaft) and digital (especially Hawesko.de and Vinos.de). The shares of Hawesko Holding AG are listed on the Hanseatic Stock Exchange in Hamburg as well as in the prime standard segment of the Frankfurt Stock Exchange.

 

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

 

hawesko-holding.com (Company information)

hawesko.de (Online shop)

jacques.de (Jacques’ Wein-Depot information and online shop)

vinos.de (Spanish wines sold through Wein & Vinos)

wirwinzer.de (German wines directly from the producers)

 

Press and Investor Relations:

Thomas Hutchinson

Phone: +49 (0)40 30 39 21 00

Fax +49 (0)40 30 39 21 05

E-mail: ir@hawesko-holding.com


Hawesko Holding AG: Dr. Jörg Haas joins the supervisory board

English News

01.12.2017 / 10:29
The issuer is solely responsible for the content of this announcement.

Hawesko Holding: Dr. Jörg Haas joins the supervisory board

Hamburg, 1 December 2017. The wine trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) announced today that Dr. Jörg Haas has been appointed as a member of the supervisory board. He succeeds Gunnar Heinemann, who resigned his seat as of 30 November 2017. Dr. Haas was appointed via Hamburg Municipal Court with effect from 1 December 2017.

Jörg Haas (54) studied social sciences and economics at the University of Trier, graduating with a degree in business administration. He completed his doctorate in business informatics in 1995. He is the founder and partner of several corporate groups that focus on cloud-B2B technology (software), real estate development and premium hotels and restaurants/catering. Dr. Jörg Haas is the chief executive officer of HW Partners AG (technology group) as well as the managing partner of the BonnVisio Group (real estate) and the Invite Group (hotels and restaurants/catering), all domiciled in Bonn.

Detlev Meyer, chairman of the supervisory board of the Hawesko Group, said, “We are delighted that Dr. Jörg Haas, who is not only a distinguished figure in business and industry, but also a proven expert in digitalisation with a wide range of experience particularly in technology as well as the hotel, restaurant and catering industry, has joined the Hawesko Group. With his expertise, drive and creativity he will support us in strengthening the Hawesko Group even more for the future.”

# # #
Hawesko Holding AG is a leading supplier of premium wines and champagnes. In fiscal year 2016, the Group achieved sales of EUR 481 million and employed 940 persons in the company’s three sales channels: omnichannel (Jacques’ Wein-Depot), B2B (Wein Wolf and CWD Champagner- und Wein-Distributionsgesellschaft) and digital (especially Hawesko.de and Vinos.de). The shares of Hawesko Holding AG are listed on the Hanseatic Stock Exchange in Hamburg as well as in the prime standard segment of the Frankfurt Stock Exchange.

Publisher: Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg

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

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

01.12.2017 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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