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DGAP-News: Hawesko Holding AG
/ Key word(s): Change in Forecast
Hawesko before record result - online boom in the Christmas business exceeds high expectations The Management Board of Europe's largest wine trading group expects an operating profit of between € 39 and € 42 million, which is above the figure of € 33 million already raised at the beginning of November and clearly exceeds the previous year's figure of € 29.1 million. The COVID-19-related strong growth trend in the B2C segments Retail and E-Commerce is also unbroken during the Christmas business. This more than compensates for the decline in B2B-sales to the restaurant and hotel industry, which was also caused by the circumstances of the COVID-19 pandemic. The Management Board of Hawesko Holding AG therefore expects that the annual sales of Hawesko Group with its subsidiaries in Germany, Austria, Switzerland and Sweden will exceed € 600 million in 2020 for the first time (2019: € 556 million). "We benefit from a very dynamic online business. This trend, which has already been observed since the outbreak of the COVID-19 pandemic, has significantly intensified in the current Christmas business", said HAWESKO-CEO Thorsten Hermelink. "This pleasing development is the result of our comprehensive wine knowledge and unerring feeling for customer wishes as well as the successful combination of stationary and online trade. Our customers' confidence in our product range and our high-performance logistics is an incentive for us, especially in these difficult times for many people, to further consolidate our position as Europe's leading wine trading group next year". The Group will publish preliminary key figures for the 2020 financial year at the beginning of February. # # # The Hawesko Group is a leading supplier 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 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 Internet: hawesko-holding.com (Corporate Information) Press and Investor Relations Contact: Phone: +49 (0) 40 30 39 21 00
15.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| 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: | 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: | 1155145 |
| End of News | DGAP News Service |
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1155145 15.12.2020
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