Hawesko Holding AG : Hawesko at today's annual general meeting of shareholders

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Hawesko Holding AG : Hawesko at today's annual general meeting of shareholders

• CEO Thorsten Hermelink is optimistic for 2016

• Payment of a dividend of € 1.30 per share

• Shareholders' meeting commemorates deceased Alexander Margaritoff

Hamburg, 13 June 2016. In the first five months of the current fiscal year 2016 (1.1.-31.5.), the business performance of the wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) was within the expectations of the management board, as Chief Financial Officer Ulrich Zimmermann reported at the company's annual general shareholders' meeting today. Chief Executive Officer Thorsten Hermelink was optimistic that the goals for 2016 would be achieved. There were no changes in the forecast for fiscal year 2016 of the Hawesko management board. The consolidated EBIT is expected to be in the range of € 28-29 million, which corresponds to an EBIT margin of approximately 6% and thus an increase of 1.8 percentage points compared to the previous year. Hermelink stated that the company was in good condition based on its stable foundation: 'Thanks to sound balance sheets we can continue the targeted strategic development of the Hawesko Group at all levels and focus consistently on sustainable growth.'

The annual general meeting honored the memory of the former chief executive officer Alexander Margaritoff, who recently died unexpectedly. During his 33 years at the helm, he played a vital role in shaping the distinctive culture of the company.

In addition to the formalities, the agenda included the re-election of Kim-Eva Wempe and Detlev Meyer to the supervisory board. Both were elected to the supervisory board at the annual general meeting on 20 June 2011 and stood for re-election.

Moreover, the annual general shareholders' meeting decided that a dividend of € 1.30 per share would be paid for fiscal year 2015, which is payable as of 14 June 2016. Thus, the shareholders will receive a dividend unchanged from the previous year.

Hawesko Holding AG is a leading supplier of premium wines and champagnes. In fiscal year 2015, the Group achieved sales of € 477 million and employed 933 persons in the company's three sales channels: specialty retail (Jacques' Wein-Depot), wholesale operations/distribution (Wein Wolf and CWD Champagner- und Wein-Distributionsgesellschaft) and distance selling (especially Hanseatisches Wein- and Sekt-Kontor and Wein & 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.

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Publisher:
Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22676 Hamburg

Internet:
http://www.hawesko-holding.com (Company information)
http://www.hawesko.de (Online shop)
http://www.jacques.de (Jacques' Wein-Depot information and online shop)
http://www.vinos.de (Spanish wines sold through Wein & Vinos)

Press Contact and Investor Relations:
Thomas Hutchinson, Hawesko Holding AG
Phone: [phone]
Fax [phone]
E-mail: [e-mail]