Hawesko Holding AG: AGM approves dividend payment of EUR 1.30 per share

DGAP-News: Hawesko Holding AG / Key word(s): AGM/EGM/Dividend

17.06.2019 / 16:45
The issuer is solely responsible for the content of this announcement.

Hawesko Group: AGM approves dividend payment of EUR 1.30 per share

- Hawesko Group pays dividend for the 21st consecutive year

- Business performance picks up; full-year forecast for 2019 confirmed

Hamburg, 17 June 2019. 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 EUR 1.30 per share for fiscal year 2018 today, to be paid out as of 20 June 2019. This means the company's shareholders will receive a dividend at the level of the previous year. At a share price of EUR 36,60 at the time of the resolution on 17 June 2019, it corresponds to a dividend yield of nearly 3.6%. With the payout, Hawesko Holding AG is carrying on its longstanding tradition of continuous dividends. The 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 supervisory and management boards were approved by the shareholders' meeting, and all formalities were completed. The company also confirmed the forecast for the current fiscal year 2019: according to CFO Raimund Hackenberger, the Hawesko Group achieved a sales increase of approximately 11% for the first five months to the end of May. At the end of the first quarter on 31 March 2019, this figure was still 6.7%. The management board sees the Group well on its way to achieving its full-year targets.

CEO Thorsten Hermelink summed up the Group's situation and drew attention to the coming challenges: 'After a somewhat slow start to the year, business performance accelerated significantly. This confirms both the robust nature of our business models and that it is right to pursue our strategy of digital transformation and targeted acquisitions. With an investment programme of EUR 15 million planned for the next three years, we will step up our pace further and take an even more active role in shaping the market.'

Supervisory board chairman and majority shareholder Detlev Meyer added, 'The Hawesko Group is proof that profitability and digital transformation are not mutually exclusive. As supervisory board chairman and longstanding shareholder, I am thus fully convinced by the Group's course of action into the digital future.'

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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 brand units: 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.


Hawesko Holding AG
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 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

17.06.2019 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.

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