EQS-News: Hawesko Group confirms sales and earnings expectations for 2023
EQS-News: Hawesko Holding SE
/ Key word(s): Preliminary Results
Hamburg, 2 February 2024: Based on preliminary figures, the wine trading group Hawesko Holding SE (HAW, HAWG.DE, DE0006042708) achieved consolidated sales of approximately € 660 million and an operating result of around € 34 million in fiscal year 2023, subject to the audit of the financial statements, and is within the forecast issued by the Board of Management. In 2023, a year characterised by consumer restraint, the Hawesko Group's sales were slightly below the previous year's level, as expected. Crises and wars as well as persistently high inflation unsettled consumers and prevented an improvement in consumer sentiment across all sectors. "The market conditions in 2023 were not easy," comments Hawesko CEO Thorsten Hermelink. "We are all the more pleased with the positive development in the retail and B2B segments. Our retail format Jacques' won over many people who love wine with its neighbourly tasting concept and was thus able to record a 2 percent increase in sales. In the B2B business, stable demand in the hotel and restaurant trade was convincing. The segment grew by 3 percent overall." The Hawesko Group felt the effects of the general downturn in consumer sentiment, particularly in the e-commerce segment. At -9 percent, sales in 2023 were well below the previous year and expectations. The hoped-for recovery and associated increase in online activity by our customers has not yet materialised. The Hawesko Group anticipates an operating result of around € 34 million in 2023. At over 5 percent, the profit margin achieved is within the forecast range. The persistently challenging market conditions already led to systematic cost reductions in all segments of the Hawesko Group at the start of 2023. This was the only way to stabilise the operating result.
# # #
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
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
02.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
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: | 1828443 |
End of News | EQS News Service |
|
1828443 02.02.2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
The most important financial data at a glance | ||||||||
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
Sales1 | 524,30 | 556,01 | 620,27 | 680,53 | 671,48 | 660,28 | 0,00 | |
EBITDA1,2 | 36,24 | 50,63 | 65,57 | 75,21 | 61,82 | 56,07 | 0,00 | |
EBITDA-Margin3 | 6,91 | 9,11 | 10,57 | 11,05 | 9,21 | 8,49 | 0,00 | |
EBIT1,4 | 27,70 | 29,15 | 42,15 | 53,08 | 39,08 | 24,17 | 0,00 | |
EBIT-Margin5 | 5,28 | 5,24 | 6,80 | 7,80 | 5,82 | 3,66 | 0,00 | |
Net Profit (Loss)1 | 22,90 | 16,25 | 24,19 | 34,25 | 26,16 | 8,76 | 0,00 | |
Net-Margin6 | 4,37 | 2,92 | 3,90 | 5,03 | 3,90 | 1,33 | 0,00 | |
Cashflow1,7 | 26,08 | 33,60 | 81,03 | 49,00 | 36,76 | 27,00 | 0,00 | |
Earnings per share8 | 2,45 | 1,76 | 2,65 | 3,74 | 2,85 | 0,90 | 1,68 | |
Dividend per share8 | 1,30 | 1,75 | 2,00 | 2,50 | 1,90 | 1,30 | 1,30 |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: KPMG
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
INVESTOR-INFORMATION | ||||||
©boersengefluester.de | ||||||
Hawesko Holding | ||||||
WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
604270 | DE0006042708 | SE | 235,37 Mio € | 28.05.1998 | Halten | 9F5FGWVM+QC |
PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
13,10 | 20,85 | 0,63 | 12,18 | 2,13 | 8,72 | 0,36 |
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
1,90 | 1,30 | 1,30 | 4,96% |
Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
11.06.2025 | 13.05.2025 | 07.08.2025 | 11.11.2024 | 24.04.2025 |
Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
+6,09% | -3,23% | -17,35% | -14,38% | +20,46% |
Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.