Hawesko Group records pleasing third quarter of 2024

EQS-Media / 11.11.2024 / 08:00 CET/CEST

Hamburg, 11 November 2024. The wine trading group Hawesko Holding SE (HAW, HAWG.DE, DE0006042708) today published its quarterly statement as of 30 September 2024, including the figures for the third quarter (1 July to 30 September). With sales of € 433 million after nine months in a challenging market situation, business is only just under 4 percent below the previous year's level. Operating EBITDA is € 34 million and therefore also slightly below the previous year with an almost stable return of 7.8 percent.

In an economic environment characterised by low consumer spending by private households, the isolated third quarter shows clear signs of catching up compared to the previous financial year. The gap to the previous year's figures was reduced in terms of both sales and earnings. This development is supported by all segments. The E-Commerce segment exceeded the previous year's sales thanks to successful initiatives. The Retails segment again showed stable development.

At the same time, according to preliminary calculations, the Hawesko Group continued to grow in the fourth quarter, which is of the utmost importance for the group due to the Christmas business. The Board of Management of the Hawesko Group therefore expects to exceed the previous year's figures in the final quarter of the year. In a world where first-class wines and unforgettable experiences go hand in hand, every effort is made to fulfil customers' highest expectations and create wonderful moments of wine enjoyment - especially during the upcoming Christmas season.

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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

global-wines.cz Omnichannel premium retailer in the Czech Republic

dunker.ee Premium distributor in the Baltic States

Press and Investor Relations contact:

Tel. (+49) 40 3039 2100

Tel. (+49) 40 3039 2105

E-mail: ir@hawesko-holding.com

End of Media Release

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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 Berlin, Dusseldorf, Hanover, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

2026181

End of News

EQS Media

2026181 11.11.2024 CET/CEST