Hawesko Group: AGM approves dividend payment of € 1.75 per share

English News

DGAP-News: Hawesko Holding AG / Key word(s): AGM/EGM
20.08.2020 / 17:43
The issuer is solely responsible for the content of this announcement.

Hawesko Group: AGM approves dividend payment of € 1.75 per share

– Hawesko Group pays dividend for the 22nd consecutive year

– Positive business development continuing in the 3rd quarter

Hamburg, 20 August 2020. The annual general shareholders’ meeting of the wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) in Hamburg approved the payment of a dividend of € 1.75 per share (€ 1.30 as a regular dividend plus € 0.45 as a special dividend) for fiscal year 2019 today, to be paid out as of 25 August 2020. Thus, the company’s shareholders will receive a dividend 35% higher (including the special dividend) than that of the previous year. This corresponds to a dividend yield of approximately 4% based on a share price of € 43.00 as of 20 August 2020. Hawesko Holding AG is thus continuing its longstanding tradition of uninterrupted dividend payment: shareholders of the group have received a dividend every year since the company was initially listed on the stock exchange in 1998.

All proposals of the management board were approved by the virtual annual general meeting of the shareholders, and the formalities were completed as well. The company also provided some insight into their current business performance: according to CEO Thorsten Hermelink, the Hawesko Group has continued the positive sales trends of the first half-year in the third quarter until now. At the half-year reference date on 30 June 2020, consolidated sales were up by 8.5% and the operating result by 49% over the same period in the previous year. Hermelink added that due to the current situation with the coronavirus pandemic, a reliable forecast for the rest of the year was still not possible, but that the Hawesko management board was very confident that the current fiscal year will be a successful one, provided that no further comprehensive lockdown is imposed in autumn.

# # #

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 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)
wirwinzer.de (German wines directly from the producers)
weinco.at (Online shop)

Press and Investor Relations:

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

20.08.2020 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 records a strong second quarter

English News

DGAP-News: Hawesko Holding AG / Key word(s): Interim Report/Half Year Results
06.08.2020 / 08:01
The issuer is solely responsible for the content of this announcement.

Hawesko Group records a strong second quarter

– Retail and E-commerce segments boost business performance in the second quarter:
sales +13%, EBIT +85%

– Modernisation and restructuring programme in the B2B segment
 

Hamburg, 6 August 2020. Today the wine-trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) published its financial report for the first six months of fiscal year 2020, including the figures for the second quarter (1 April to 30 June). “In the second quarter we were able to continue the positive development of the first quarter, despite the difficult conditions caused by the coronavirus pandemic. The consumer segments Retail and E-commerce more than compensated for the sales slump in the B2B segment due to closures in the restaurant and hotel industry, so that group sales rose overall by 13% – with a significant increase of 85% in EBIT as well,” said Thorsten Hermelink, CEO of the Hawesko Group in Hamburg.

In the second quarter of 2020, consolidated sales rose by 13% to €153.8 million (same quarter in the previous year: € 136.2 million). The E-commerce segment achieved sales of € 62.0 million, corresponding to an increase of 43%. Sales in the Retail segment (Jacques’ Wein-Depot and Wein & Co.) rose by 9.1% to € 52.8 million. Jacques’ posted growth of 12%, while Wein & Co. posted a decline in sales due to the coronavirus-related branch closures in Austria in April. Sales in the B2B segment at € 39.0 million were below the figure for the previous year’s quarter (€ 44.5 million), although sales for the month of June were again above the same quarter in the previous year.

The consolidated operating result (EBIT) amounted to € 9.2 million in the second quarter of 2020, corresponding to an increase of 85% over the previous year’s quarter, despite the fact that non-recurring expenditures of more than two million euros were incurred in conjunction with modernisation and restructuring measures as well as the sale of a Swiss subsidiary. The Group’s operative (EBIT) margin was 6.0% in the second quarter, compared to 3.7% in the same quarter of the previous year and 3.1% in the first quarter of 2020.

In the first half of the year (1 January to 30 June), consolidated sales increased over the previous year by 8.5% to € 277.6 million, while EBIT rose by 49% to € 13.1 million. Consolidated net income after deductions for taxes and non-controlling interests nearly doubled to € 8.0 million, and earnings per share amounted to € 0.89, after € 0.44 per share in the first six months of the previous year). At the half-year reference date, free cash flow reached a positive value of € 16.2 million, compared to €-10.3 million in the same period of the previous year.

For the Hawesko management board, the successes of the first half of the year have not changed the fact that an assessment of the further course of the Covid-19 pandemic and its impact remains difficult. Overall, a reliable forecast for fiscal year 2020 is not possible. However, the management board is optimistic that the performance in the consumer segments will continue in general, albeit perhaps not on the same scale as before, and hopes that the restaurant and hotel industry will recover as rapidly as possible. Should these scenarios turn out to be true, it can be assumed that group EBIT will not lag behind the level of the previous years.
# # #

The full six-month financial report to 30 June 2020 is available for download at www.hawesko-holding.com/en/investors.

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 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)
wirwinzer.de (German wines directly from the producers)
weinco.at (Online shop)

Press and Investor Relations:

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

06.08.2020 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 Group: Strong sales development and significant EBIT increase in the first half-year

English News

DGAP-News: Hawesko Holding AG / Key word(s): Half Year Results
16.07.2020 / 11:42
The issuer is solely responsible for the content of this announcement.

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) announced today 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).

The Hawesko Group benefited from enormous growth in sales and EBIT in its E-commerce segment as well as from strong business performance in its Retail segment in Germany. The contact restrictions imposed to contain the Covid-19 pandemic and the closures in the hotel, restaurant and catering sectors have shifted the stocking up of wine and its consumption to private households. Overall, the positive developments in the end-customer segments E-commerce and Retail have more than compensated for the slump in sales caused by the restaurant and hotel closures in the B2B segment.

‘The coronavirus crisis and the contact restrictions radically changed the market environment during the first six months of the year. Now it is clear how important it was that we developed and expanded our e-commerce business models in recent years. Due to the measures taken to control the coronavirus in the hotel and restaurant industries, we are facing a struggle in the B2B segment. All in all, in times like these our diversification within the group works to our advantage,’ said Thorsten Hermelink, CEO of the Hawesko Group in Hamburg.

Hermelink added, ‘Business development will remain difficult to predict for the rest of the year and will heavily depend on whether our daily life slowly returns to normal or whether stricter corona-related measures have to be re-imposed during the second half of the year. However, we currently have good reason to be optimistic that the positive business performance in our end-customer segments E-commerce and Retail will fundamentally continue, albeit not on the same scale, and hope that the hotel and restaurant sectors will recover over the course of the year.’

A detailed analysis as well as the full interim financial statements for the period to 30 June 2020 will be published in the half-year report on 6 August 2020.

# # #

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

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg

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

Press and Investor Relations:

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

16.07.2020 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 sales development and significant EBIT increase in the first half-year

English Ad-Hoc News

Hawesko Holding AG / Key word(s): Half Year Results
Hawesko Holding AG: Strong sales development and significant EBIT increase in the first half-year

16-Jul-2020 / 11:39 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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.
# # #
 

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

16-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Quelle: EQS


Hawesko Holding AG: Dividend for 2019 raised to € 1.75, virtual shareholders meeting on 20 August

English Ad-Hoc News

Hawesko Holding AG / Key word(s): Dividend
Hawesko Holding AG: Dividend for 2019 raised to € 1.75, virtual shareholders meeting on 20 August

17-Jun-2020 / 19:16 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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.

# # #
 

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

17-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Quelle: EQS


Hawesko Group has positive start to fiscal year 2020

English News

DGAP-News: Hawesko Holding AG / Key word(s): Quarterly / Interim Statement
12.05.2020 / 08:00
The issuer is solely responsible for the content of this announcement.

Hawesko Group has positive start to fiscal year 2020
 

– Consolidated sales +3.4%, EBIT at € 3.9 million up from previous year despite special charge due to warehouse relocation

– Retail and E-commerce segments post strong performance

– Restructuring and cost reduction programme to mitigate corona-related losses initiated in the B2B segment

– Group well positioned to weather the crisis with diversified business models

Hamburg, 12 May 2020. Today the wine-trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) published its statement on the first quarter of fiscal year 2020. ‘We started the year off positively. With an increase in sales of 3.4% over the previous year, we’ve achieved solid growth as well as earnings slightly higher than the previous year despite considerable one-off charges from a warehouse relocation. Since mid-March we’ve been experiencing the effects of the lockdown due to the coronavirus pandemic. Our Retail segment is stable overall, despite temporary restrictions imposed by the authorities. In the E-commerce segment demand has increased significantly, while the B2B segment has been hit hard by the closures in the restaurant and hotel industry. Particularly now we see that our diversified positioning in the market is once again proving its worth, and we are certain that it will carry us through the current extraordinary situation,’ said Thorsten Hermelink, CEO of the Hawesko Group in Hamburg.

In the first quarter of 2020, consolidated sales rose to € 123.8 million thanks to the growth in the Retail and E-commerce segments (same quarter in the previous year: € 119.7 million), thus outperforming the market, which according to the German Wine Institute declined by one per cent in terms of value during the same period. Sales in the Retail segment (Jacques’ Wein-Depot and Wein & Co.) rose by 4.3% to € 45.6 million. Jacques’ posted growth of 7.6%, while Wein & Co. posted a decline in sales due to the corona-related branch closures in Austria during the first quarter. The E-commerce segment achieved sales of € 41.3 million, corresponding to an increase of 5.6%. At € 36.9 million, sales in the B2B segment overall were at the level of the same quarter in the previous year, whereby significant declines in sales were posted in March due to the closures in the restaurant and hospitality industry. The consolidated operating result (EBIT) amounted to € 3.9 million in the first quarter of 2020, corresponding to an increase of 2.6% over the previous year, despite the fact that planned non-recurring expenditures of € 1 million for the warehouse relocation of Jacquesʼ were posted.

The current restrictions due to the coronavirus pandemic have had varying effects on the different business models. The E-commerce segment has been booming since mid-March due to increased consumption in private households, with growth rates of nearly 50% for all of the group’s E-commerce brands. With the return to normal operation in the restaurant and hotel sector, a reduction in wine consumption in private households and the subsequent normalisation of the growth rates is expected. In the Retail segment, despite restrictions imposed by the authorities and temporary shop closures, sales have been stable and increasing, so that we expect business performance to be close to what was originally planned. The Wholesale segment, as suppliers to restaurants and hotels, posted sharp declines in sales, and recovery is expected to be slow. A restructuring and cost reduction programme to mitigate corona-related losses has already been initiated in the B2B segment.

Overall, a concrete forecast for fiscal year 2020 is not possible, so that an estimate for sales or earnings for 2020 cannot be provided. However, based on current information, the management board expects that a clearly positive result overall will be achieved despite the heavy burdens in the B2B segment.

# # #

The full quarterly statement to 31 March 2020 is available for download at https://www.hawesko-holding.com/en/investors/.

Hawesko Holding AG 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 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)
wirwinzer.de (German wines directly from the producers)
weinco.at (Online shop)

Press and Investor Relations:

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

12.05.2020 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 proposes unchanged dividend of € 1.30 and postpones AGM due to coronavirus pandemic

English News

DGAP-News: Hawesko Holding AG / Key word(s): Dividend
03.04.2020 / 18:30
The issuer is solely responsible for the content of this announcement.

Hawesko proposes unchanged dividend of € 1.30 and postpones AGM due to coronavirus pandemic

Hamburg, 3 April 2020. The management board and supervisory board of Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) announced today that they will propose a dividend payout of € 1.30 per share for fiscal year 2019, as in the previous year, to the annual general meeting of shareholders. At the current share price of approximately € 26.80, the proposed payout corresponds to a dividend yield of nearly 5%.

Due to the current restrictions relating to the coronavirus pandemic, the annual general meeting will not take place on 15 June 2020, but will be rescheduled later this year at a date to be determined.

‘In fiscal year 2019 we achieved good sales growth of 12% in our consumer segments Retail and E-Commerce. In addition, we increased our online sales by nearly 20% without sacrificing profitability. The relocation of the B2B warehouse led to non-recurring charges which we were able to compensate with the sale of an old storage facility, so that we were also able to increase the overall EBIT in fiscal year 2019,’ said CEO Thorsten Hermelink in Hamburg.

In its meeting on 3 April 2020, the supervisory board approved the annual and consolidated financial statements for fiscal year 2019.

The final consolidated financial statements for 2019 show sales of € 556.0 million (+6.0%; previous year: € 524.3 million). The result from operations (EBIT) amounted to € 29.1 million (previous year: € 27.7 million). Consolidated net income after deductions for taxes and non-controlling interests amounted to € 15.8 million (previous year: € 22.0 million). The consolidated balance sheet total amounted to € 394.9 million after the application of the new IFRS 16 accounting standard (2018: € 289.0 million). Free cash flow amounted to € 31.6 million (previous year: € 10.7 million including the acquisition of Wein & Co.).

Thorsten Hermelink commented, ‘Due to the corona crisis, it is currently not possible to provide a reliable sales and results forecast for fiscal year 2020. With a very few exceptions, business in our Retail and E-Commerce segments is continuing as usual so that our customers can still shop with us. However, the B2B business is directly impacted by the closure of the hotels and restaurants which began in mid-March, and sales to this customer group have currently evaporated. We have a functioning crisis management in place and have adjusted to the present situation as well as possible.’

# # #

In accordance with the German Law on Mitigation of the Consequences of the COVID-19 Pandemic in Civil, Insolvency and Criminal Procedural Law dated 27 March 2020 (Gesetz zur Abmilderung der Folgen der COVID-19-Pandemie im Zivil-, Insolvenz- und Strafverfahrensrecht vom 27. März 2020), the annual general meeting of a stock corporation may be held within the fiscal year in a departure from the provisions of the German Stock Corporation Act.

The complete 2019 annual report will be published on 23 April 2020.

Hawesko Holding AG is a leading supplier 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 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)
wirwinzer.de (German wines directly from the producers)
weinco.at (Online shop)

Press and Investor Relations:

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

03.04.2020 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 Group grows in sales and earnings

English News

DGAP-News: Hawesko Holding AG / Key word(s): Development of Sales
04.02.2020 / 08:00
The issuer is solely responsible for the content of this announcement.

Hawesko Group grows in sales and earnings

Consolidated sales in 2019 rose by 5.9% to € 555 million

– Positive development in the Retail and E-commerce segments

– Relocation of the wholesale warehouse put pressure on B2B segment

Hamburg, 4 February 2020. Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708), the wine-trading group specialised in premium products, achieved consolidated sales of € 555 million (excluding VAT) in fiscal year 2019, based on preliminary figures. This corresponds to sales growth of 5.9% over the previous year. Adjusted for acquisitions, sales growth was 1.3%. The Hawesko management board expects that the consolidated EBIT increased to approximately € 29 million (previous year: € 27.7 million).

The sales growth resulted from positive overall performance in the E-commerce and Retail segments. In 2019, the E-commerce segment grew by 5.1%, while Jacquesʼ grew by 3.6%. The Retail segment benefited additionally from the acquisition of Wein & Co. and achieved sales growth of 17.4%. Both segments likewise posted positive development of EBIT.

The B2B segment posted a decline in sales of 4.1%. Slight declines in export and wholesale sales as well as the long-planned and strategically important warehouse relocation put pressure on both sales and the operating result. The negative earnings effect was compensated by the sale of the old warehouse property which was no longer needed.

Thorsten Hermelink, Chief Executive Officer of Hawesko Holding AG, commented, ‘Our E-commerce and Retail segments performed very well in 2019 in an intensely competitive environment and gained market share with their growth. The warehouse relocation in the B2B segment to a logistically more advantageous site with significantly more capacity cost us in terms of effort, sales and earnings. However, we have now laid the foundation for future growth in the B2B segment. We look forward to fiscal year 2020 with optimism.’

# # #

The Hawesko Group is a leading purveyor of premium wines and champagnes. In fiscal year 2018, the Group achieved consolidated sales of € 524 million and employed 1,000 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 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 Vinos)
weinco.at (Online shop of Wein & Co.)
wirwinzer.de (German wines directly from the producers)

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

04.02.2020 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 Group completes B2B warehouse relocation and realises expected Q4 positive effects

English News

Hawesko Group completes B2B warehouse relocation and realises expected Q4 positive effects

Hamburg, 29 November 2019. The wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) announces that it has completed the relocation of its B2B warehouse with the sale of a property.

As a result, the positive one-off effects expected for the fourth quarter of fiscal year 2019 have been realised; they compensate for the one-off charges incurred for the relocation in the second and third quarters, as planned. For the full year 2019, the management board continues to expect an increase in consolidated sales including Wein & Co. of between 7–9% compared to 2018, as well as an EBIT margin between 5.0–5.7% (previous year: 5.3%).

#          #          #

The Hawesko Group is a leading purveyor of premium wines and champagnes. In fiscal year 2018, the Group achieved consolidated sales of € 524 million and employed 1,000 persons in the company’s three sales channels: Retail (Jacques’ Wein-Depot and Wein & Co.), B2B (Wein Wolf  and CWD Champagner- und Wein-Distributionsgesellschaft) and E-commerce (particularly HAWESKO and Vinos). The shares of Hawesko Holding AG are listed on the Hanseatic Stock Exchange in Hamburg as well as in the prime standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding AG
Elbkaihaus
Große Elbstraße 145d
22767 Hamburg
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)

weinco.at (Online shop of Wein & Co.)

wirwinzer.de (German wines directly from the producers)

Press and Investor Relations contact:

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

E-mail: ir@hawesko-holding.com


Hawesko Group: Growth trend continued in Q3

English News

07.11.2019 / 08:00
The issuer is solely responsible for the content of this announcement.

Hawesko Group: Growth trend continued in Q3
– Consolidated sales in the third quarter of 2019 rose by 9.5% to EUR 119 million
– End-consumer segments Retail and E-commerce still growing, B2B just short of previous year’s Q3
– Positive one-off effects expected in Q4; full-year forecast for 2019 maintained

Hamburg, 7 November 2019 Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) today published its report on the third quarter and the first nine months of fiscal year 2019. “With an increase in sales of 9.5% over the previous year we are on course for growth in the third quarter as well. Moreover, with the relocation of the B2B warehouse to a logistically more advantageous site, we’ve successfully implemented an important component of our strategy. That required a good deal of effort, but it has laid the foundation for our future growth,” said Thorsten Hermelink, chief executive officer of the Hawesko Group in Hamburg.

In the third quarter of 2019, consolidated sales rose to EUR 118.5 million thanks to the growth in the Retail and E-commerce segments (same quarter in the previous year: EUR 108.3 million). Sales in the Retail brand unit (Jacques’ Wein-Depot and Wein & Co.) rose by 26.0% to EUR 44.4 million. Jacques’ posted growth of 4.1%. The E-commerce brand unit achieved sales of EUR 36.4 million, corresponding to an increase of 3.8%. Due to delays in the start-up of the new logistics warehouse, B2B sales at EUR 37.7 million did not quite reach the previous year’s quarterly figure (EUR 37.9 million). The consolidated result of operations (EBIT) amounted to EUR 0.5 million in the third quarter of 2019, slightly below the EBIT of EUR 0.8 million in the previous year, due primarily to non-recurring costs of EUR 1.8 million in conjunction with the relocation of the B2B warehouse.

The management board expects positive one-off effects in the fourth quarter which will compensate for the one-off charges totalling EUR 2.5 million incurred in the second and third quarters for the relocation. For the full year 2019, the management board continues to expect an increase in consolidated sales including Wein & Co. of between 7-9% compared to 2018, as well as an EBIT margin between 5.0-5.7% (previous year: 5.3%).

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The Hawesko Group is a leading purveyor of premium wines and champagnes. In fiscal year 2018, the Group achieved consolidated sales of EUR 524 million and employed 1,000 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.

The full nine-month report to 30 September 2019 can be downloaded at
www.hawesko-holding.com/en/press/interim-reports-2019/.

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 Vinos)
weinco.at (Online shop of Wein & Co.)
wirwinzer.de (German wines directly from the producers)

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

07.11.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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