08.08.2019 Hawesko Holding AG  DE0006042708

DGAP-News: Hawesko Group: Second-quarter sales up by 8.3% over previous year


DGAP-News: Hawesko Holding AG / Key word(s): Interim Report
Hawesko Group: Second-quarter sales up by 8.3% over previous year

08.08.2019 / 08:00
The issuer is solely responsible for the content of this announcement.

Hawesko Group: Second-quarter sales up by 8.3% over previous year

- Consolidated sales rise to EUR 136.2 in the second quarter

- Retail and E-Commerce segments continue to grow

- Full-year forecast confirmed

Hamburg, 8 August 2019. Today the wine-trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) published its report on the second quarter and the first six months of fiscal year 2019. "Business development was good in the second quarter: our sales are up by 8.3% over the previous year. Organically, i.e. excluding our previous year's acquisition Wein & Co., our sales increased by 1.2%. We also made good progress with our medium-term projects - optimisation of the logistics structure, development of a group-wide digital commerce platform and data warehouse," said Thorsten Hermelink, chief executive officer of the Hawesko Group in Hamburg, adding, "Business performance in the first half of 2019 showed that we are on the right course. As the market leader, we are acting strategically and on the right path to transforming our business model for the long term."

In the second quarter of 2019, consolidated sales rose to EUR 136.2 million in the first quarter of 2019, thanks to the growth in the retail and e-commerce segments. This corresponds to an increase of 8.3% over the same quarter of the previous year (EUR 125.7 million). On a comparable basis, i.e. excluding the acquisition of Wein & Co., sales rose by 1.2% compared to the same quarter in the previous year. Sales in the Retail brand unit (Jacques' Wein-Depot and Wein & Co.) rose by 29.1% to EUR 48.4 million. Jacques' posted growth of 5.1%. The E-Commerce brand unit achieved sales of EUR 43.3 million, corresponding to an increase of 2.3%. In the B2B (wholesale) brand unit, sales at EUR 44.5 million were down by approximately 3.0% from the same quarter of the previous year. The consolidated operating result (EBIT) in the second quarter of 2019 amounted to EUR 4.7 million, after EUR 5.7 million in the previous year, due primarily to shifts in profit development within the current year vis-à-vis the previous year. Costs for the implementation of the restructuring concept at Wein & Co., for the relocation of the group's B2B warehouse to a more central location in Germany and for the severance payment of a management board member all played a role, adding up to approximately EUR 1.9 million. These effects have put pressure on the results of the quarter under review, but will have a positive impact on the cost side in the coming quarters.

For 2019, the management board continues to expect an increase in sales, including Wein & Co., of approximately 7-9% compared to 2018. The EBIT margin is expected to be in the range between 5.0-5.7% in 2019 (previous year: 5.3%).

# # #

The Hawesko Group is a leading supplier 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 complete half-year report to 30 June 2019 is available for download at www.hawesko-holding.com/en/press/interim-reports-2019/.


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 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: [email protected]

08.08.2019 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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Language: English
Company: Hawesko Holding AG
Große Elbstraße 145 d
22767 Hamburg
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
EQS News ID: 853983

End of News DGAP News Service

853983  08.08.2019 


Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 476,75 480,93 506,99 524,30 556,01 620,27 0,00
EBITDA1,2 27,41 37,02 38,57 36,24 50,63 65,57 0,00
EBITDA-Marge3 5,75 7,70 7,61 6,91 9,11 10,57 0,00
EBIT1,4 20,13 29,62 30,42 27,70 29,15 42,15 0,00
EBIT-Marge5 4,22 6,16 6,00 5,28 5,24 6,80 0,00
Jahresüberschuss1 12,45 19,43 19,17 22,90 16,25 24,19 0,00
Netto-Marge6 2,61 4,04 3,78 4,37 2,92 3,90 0,00
Cashflow1,7 26,05 28,85 13,79 26,08 33,60 81,03 0,00
Ergebnis je Aktie8 1,36 2,06 2,06 2,45 1,76 2,65 2,75
Dividende8 1,30 1,30 1,30 1,30 1,75 2,00 1,75
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

Hawesko Holding
WKN Kurs in € Einschätzung Börsenwert in Mio. €
604270 60,800 Kaufen 546,19
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
23,38 22,05 1,06 32,72
5,64 6,74 0,88 7,95
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
1,75 2,00 3,29 15.06.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
12.05.2021 11.08.2021 11.11.2021 22.04.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
7,88% 26,77% 37,56% 55,50%
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Handel , 604270 , HAW , XETR:HAW