DGAP-News: Hawesko Holding AG
/ Key word(s): Disposal
Hawesko Group completes B2B warehouse relocation and realises expected Q4 positive effects
29.11.2019 / 17:40
The issuer is solely responsible for the content of this announcement.
Hawesko Group completes B2B warehouse relocation and realises expected Q4 positive effects
Hamburg, 29 November 2019. The wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) announces that it has completed the relocation of its B2B warehouse with the sale of a property.
As a result, the positive one-off effects expected for the fourth quarter of fiscal year 2019 have been realised; they compensate for the one-off charges incurred for the relocation in the second and third quarters, as planned. For the full year 2019, the management board continues to expect an increase in consolidated sales including Wein & Co. of between 7-9% compared to 2018, as well as an EBIT margin between 5.0-5.7% (previous year: 5.3%).
# # #
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 sales channels: Retail (Jacques' Wein-Depot and Wein & Co.), B2B (Wein Wolfand 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.
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)
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: ir@hawesko-holding.com
29.11.2019 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.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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
Hawesko Holding SE, formerly Hawesko Holding AG, is a Germany-based retailer and wholesaler of wines, champagnes, and other alcoholic drinks. The Company reports 3 operating segments: Retail, e-commerce, and Business 2 Business (B2B). Retail and e-commerce serve end customers along a variety of distribution channels, while the B2B segment supplies restaurants and commercial resellers. The Retail segment serves multi-channel trading by selling wine via a network of retail outlets (Jacquesâ) run by independent agency partners, based around shops, bars and an online shop, in the guise of Wein & Co. B2B is the wholesale and distribution segment, comprising business activities with retailers, an in-house sales force and by an organization of trade representatives via Wein-Wolf and Globalwine in Austria and Swiss markets. The e-commerce segment comprises distance selling of wine and champagne directly to consumers, gifts for corporate and private customers by covering all formats of trading.