Hawesko Holding AG: Hawesko Group starts 2021 with enormously good quarterly result

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.

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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.

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