11.08.2021 Hawesko Holding AG  DE0006042708

DGAP-News: Hawesko Holding AG: Hawesko Group impresses across all segments in second quarter


 

DGAP-News: Hawesko Holding AG / Key word(s): Half Year Results
Hawesko Holding AG: Hawesko Group impresses across all segments in second quarter

11.08.2021 / 08:00
The issuer is solely responsible for the content of this announcement.


  • Second quarter of 2021: All segments increase sales (+8 percent overall) and EBIT (+68 percent overall)
  • Forecast for full year 2021: +2-5 percent sales growth; EBIT € 48-55 million (+14-30 percent)


Hamburg, 11 August 2021. The wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) today published its half-year financial report 2021, including the figures for the second quarter (1 April to 30 June). Sales for the second quarter of 2021 show an increase of 8 percent to € 166.3 million (previous year: € 153.8 million). EBIT in the same period amounted to € 15.5 million (previous year: € 9.2 million), thus achieving growth of 68 percent. For the first time since the start of the pandemic, business performance in the second quarter of 2021 is compared with the previous year, including pandemic-related influences.

E-commerce continued to experience strong demand in the second quarter of 2021, increasing sales by 10 percent. The Retail segment generated an 8 percent increase in sales despite the absence of tastings and events. The B2B segment enjoyed 6 percent growth thanks to strong sales to food retailers. Across all segments, the Hawesko Group improved its second-quarter result compared with the prior-year period: both in absolute terms and as a proportion of sales. Double-digit growth rates were recorded in the B2C segments: in e-commerce EBIT grew by 45 percent, and in retail by 18 percent. The B2B segment impressed with a strong EBIT margin of 5.7 percent.

In the half-year period (January 1 to June 30), consolidated sales of the Hawesko Group rose by 17 percent year on year to € 324.9 million. Group EBIT rose by 138 percent to € 31.1 million. Consolidated net income attributable to Hawesko shareholders more than doubled to € 19.3 million, while earnings per share amounted to € 2.15, compared with € 0.89 in the first half of the previous year.

The current behavior of consumers following the easing of measures to combat the COVID 19 pandemic gives the Board of Management of the Hawesko Group cause for optimism. Based on current knowledge, the rising level of vaccination should mitigate the impact of a fourth wave this fall. The Chairman of the Hawesko Group's Board of Management, Thorsten Hermelink, comments, "In view of the successful first half, we are confident that growth in the end-customer segments will level off, but that overall sales levels will remain at a much higher level than before the pandemic. In addition, we expect the food service industry to recover in the second half of the year, albeit still at a subdued level. Initial trends in the summer months of June and July, with lower growth or sales at the level of the previous year, show that people are now much more mobile again in the summer as a result of the relaxation measures and vaccinations than they were in the previous months or even in the previous year. This will certainly also reduce consumption at home to a certain extent. In this respect, we are proceeding cautiously with our forecast for the second half of 2021 and, if the restrictions remain in place and vaccination rates increase, are calculating with a further recovery in the catering business, but at the same time no longer with further sales growth in the end customer segments."

Against this backdrop, the Board of Management of the Hawesko Group expects overall revenue growth of around 2 to 5 percent for the group in the 2021 financial year. Following € 620 million in sales in 2020, sales are thus expected to range between € 633 and 651 million for 2021 as a whole. Group EBIT is expected to be between € 48 and 55 million (previous year: € 42.2 million), which corresponds to an increase of between 14 and 30 percent compared to the previous year.

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As a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group achieved sales of € 620 million and EBIT of € 42 million in 2020. The Hawesko Group employs around 1,200 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 AG are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrass 145 d
22767 Hamburg
Germany

Internet:

hawesko-holding.com Corporate information
hawesko.de Large product range for wine lovers
jacques.de Jacques' locations and online offer
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 Fine wine dealer with a rich tradition
weinart.de Rarities and top wines from around the world
the-wine-company.se The finest wines for Sweden

Press and Investor Relations contact:

Tel. (+49) 40 3039 2100
Tel. (+49) 40 3039 2105
E-mail: [email protected]



11.08.2021 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.

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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: [email protected]
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: 1225390

 
End of News DGAP News Service

1225390  11.08.2021 

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 480,93 506,99 524,30 556,01 620,27 680,53 653,00
EBITDA1,2 37,02 38,57 36,24 50,63 65,57 75,21 66,00
EBITDA-Marge3 7,70 7,61 6,91 9,11 10,57 11,05 10,11
EBIT1,4 29,62 30,42 27,70 29,15 42,15 53,08 42,40
EBIT-Marge5 6,16 6,00 5,28 5,24 6,80 7,80 6,49
Jahresüberschuss1 19,43 19,17 22,90 16,25 24,19 34,25 28,00
Netto-Marge6 4,04 3,78 4,37 2,92 3,90 5,03 4,29
Cashflow1,7 28,85 13,79 26,08 33,60 81,03 49,00 0,00
Ergebnis je Aktie8 2,06 2,06 2,45 1,76 2,65 3,74 3,05
Dividende8 1,30 1,30 1,30 1,75 2,00 2,50 2,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Hawesko Holding
WKN Kurs in € Einschätzung Börsenwert in Mio. €
604270 44,100 Kaufen 396,17
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
12,42 21,11 0,59 19,89
KBV KCV KUV EV/EBITDA
3,67 8,08 0,58 4,83
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
2,00 2,50 5,67 14.06.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
11.05.2022 10.08.2022 10.11.2022 21.04.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-11,79% -16,26% -16,79% -26,74%
    
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Handel , 604270 , HAW , XETR:HAW