HAWESKO HOLDING SE
DGAP-News: Hawesko Holding AG / Key word(s): Preliminary Results/Final Results Hawesko Group posts record figures for sales and earnings - Consolidated sales in 2017 grew by 5.5%, exceeding half a billion euros for the first time - Good progress in digitalisation: online sales up by 15%. - Improved efficiency in the core business forms basis for further growth
CEO Thorsten Hermelink put the group's success into concrete terms: "We achieved our goals for 2017. We have significantly accelerated growth compared to the previous years as well as increased efficiency and profitability in our core business, so that we are able to finance additional growth initiatives from our own resources. With the sales increase of 5.5% we once again outperformed the wine market, which was stagnant taken as a whole. As in the past two years, we have been working successfully on our efficiency, achieved proportionally higher growth in EBIT in our core business and used the resulting financial latitude to invest in growth. Our online sales - an important driver of growth in the group - rose by 15% compared to the previous year. We will continue to invest consistently in this area - for example in the expansion of WirWinzer or in Enzo, our new concept for Italian wines." Hermelink added, "In the current fiscal year, we want to make further progress on our path of profitable growth, expand our existing concepts and test promising new ones. We will also keep an eye out for appropriate acquisition targets." Consolidated sales in 2017 rose by 5.5% from EUR 480.9 million in the previous year to EUR 507.5 million. Excluding the acquisitions of WirWinzer, WeinArt and Grand Cru Select, consolidated sales rose by 2.5%. According to preliminary calculations, the consolidated operating result (EBIT) of the Hawesko Group is just over EUR 30 million, as planned (previous year, adjusted for special effects - with a positive overall result -: EUR 29.1 million).
# # # The complete 2017 annual report and accounts will be presented at the annual press conference on 19 April 2018.
Publisher: Hawesko Holding AG
hawesko-holding.com (Company information)
Press and Investor Relations:
31.01.2018 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 |
| End of News | DGAP News Service |
649749 31.01.2018
