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HAWESKO HOLDING AG (FRA:HAW) EQS-News: Hawesko Holding SE: Hawesko Group with stable half-year result

Directive transparence : information réglementée

04/08/2023 08:00

EQS-News: Hawesko Holding SE / Key word(s): Half Year Results/Half Year Report
Hawesko Holding SE: Hawesko Group with stable half-year result

04.08.2023 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Hamburg, 4 August 2023. The wine trading group Hawesko Holding SE (HAW, HAWG.DE, DE0006042708) today published its half-yearly financial report 2023, including the figures for the second quarter (1 April to 30 June). With revenues of € 314 million (previous year: € 312 million) and an adj. EBIT of € 13.2 million (previous year: € 15.3 million) for the half year, the business remains close to last year's level and still well above the pre-Corona trend in a challenging environment.

The persistently poor consumer climate, due to the high core inflation rate in Germany, led to a change in the channel mix. In view of rising prices, customers are "moving down" in all food ranges and also staying in their usual price categories for wine. In the end customer segments, sales are shifting towards stationary retail and away from e-commerce due to the smaller shopping baskets. On the other hand, the B2B segment was able to benefit from noticeable catch-up effects in the gastronomy sector. Overall, however, the negative development compared to the previous year eased in the second quarter.

With stable gross margins in all segments compared with the previous year and consistent efficiency programs in the areas of marketing, logistics and administration, it was possible to achieve EBIT on a par with the strong Corona year 2020 despite inflation-related cost increases and maintain the adj. EBIT margin at 4.2 percent at the half-year (previous year: 4.9 percent).

The Board of Management of the Hawesko Group expects market conditions to remain challenging in 2023 as a whole. Revenue is therefore still expected to remain at the previous year's level, with EBIT before restructuring of € 37 - 42 million due to the changed segment mix.

 

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As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group employs around 1,300 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 SE are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

 

Publisher:

Hawesko Holding SE
Elbkaihaus
Grosse Elbstrasse 145 d
22767 Hamburg
Germany

 

Internet:

hawesko-holding.com Corporate information

hawesko.de  Extensive range for wine connoisseurs

jacques.de  Jacques' locations and online offerings

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  Traditional fine wine trader

weinart.de   Rarities and top wines from around the world

the-wine-company.se Excellent wines for Sweden

enzo.de   Italian wines and lifestyles

globalwine.ch  Premium portfolio for highest quality demands

weinwolf.de  International wine variety

volume-spirits.de  Exquisite spirits portfolio

abayan.de   Top wines from Italy

 

Press and Investor Relations contact:

Tel.  (+49) 40 3039 2100

Tel.  (+49) 40 3039 2105

E-mail: ir@hawesko-holding.com



04.08.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Hawesko Holding SE
Große Elbstraße 145 d
22767 Hamburg
Germany
Phone: +49 40 30 39 2100
Fax: +49 40 30 39 2105
E-mail: ir@hawesko-holding.com
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: 1695795

 
End of News EQS News Service

1695795  04.08.2023 CET/CEST

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