09.05.2018
Hawesko Holding AG DE0006042708
DGAP-News: Hawesko Holding AG: Solid foundation laid in the first quarter for the full year
DGAP-News: Hawesko Holding AG / Key word(s): Quarterly / Interim Statement
Hawesko Holding AG: Solid foundation laid in the first quarter for the full
year
09.05.2018 / 08:00
The issuer is solely responsible for the content of this announcement.
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- 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: [email protected]
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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
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Language: English
Company: Hawesko Holding AG
Große Elbstraße 145 d
22767 Hamburg
Germany
Phone: +49 40 30 39 2100
Fax: +49 40 30 39 2105
E-mail: [email protected]
Internet: www.hawesko-holding.com
ISIN: DE0006042708
WKN: 604270
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg;
Regulated Unofficial Market in Tradegate Exchange
End of News DGAP News Service
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683937 09.05.2018
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