Hawesko Holding AG: Hawesko Group continues on successful course in 1st quarter 2021

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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.

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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.


Hawesko Holding AG
Grosse Elbstrass 145 d
22767 Hamburg


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.

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