DGAP-News: Hawesko Holding AG / Key word(s): 9 Month figures/Quarterly / Interim Statement Hawesko Holding AG: Hawesko Group continues growth trend in third quarter 2021-11-11 / 08:00 The issuer is solely responsible for the content of this announcement.

----------------------------------------------------------------------------------------------------------------------- . YTD 2021: Group sales +13 percent; EBIT EUR 38.2 million (+77 percent) . Third quarter 2021: Group sales +6 percent; EBIT EUR 7.1 million (-16 percent) . Forecast unchanged for full year 2021: +2-5 percent sales growth; EBIT EUR 48-55 million (+14-30 percent)

Hamburg, 11 November 2021. The wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) today published its nine-month financial report 2021 including the figures for the third quarter (July 1 to September 30). Sales for the third quarter of 2021 show an increase of 6 percent to EUR 145.4 million (same period last year: EUR 137.7 million). EBIT in the same period amounts to EUR 7.1 million (prior-year period: EUR 8.5 million) and is thus 16 percent below the prior-year figure. The third quarter compares business developments in both 2020/2021, both of which were impacted by the pandemic. However, the pandemic event itself showed significant differences in the two years.

Our E-Commerce segment continued to experience strong demand and increased sales by 6 percent. The Retail segment recorded a slight decline of 1 percent in sales. Jacques' remained at the previous year's level and Wein & Co. was 5 percent below the prior-year period. B2B enjoyed 14 percent growth thanks to strong sales to food retailers. At EUR 7.1 million, Group EBIT in the third quarter was 16 percent down on the previous year's figure of EUR 8.5 million, driven partly by a deterioration in advertising efficiency and partly by non-recurring effects. Each segment achieved an increase in its gross margin in the third quarter, enabling us to report an overall gross margin of 43.7 percent (prior-year period: 42.0 percent).

In the nine-month period (January 1 to September 30), consolidated sales of the Hawesko Group rose year on year by 13 percent to EUR 470.3 million. Group EBIT rose by 77 percent to EUR 38.2 million. Consolidated net income for Hawesko shareholders almost doubled to EUR 23.9 million, while earnings per share amounted to EUR 2.62, compared with EUR 1.44 in the first half of the previous year.

The Chairman of the Board of Management of the Hawesko Group, Thorsten Hermelink, comments: "The development of the group is entirely in line with our expectations. It will be very difficult to surpass the Christmas business from last year with the special underlying conditions. However, we are excited every day about the continued very high demand for our products." Against this backdrop, the Board of Management of the Hawesko Group continues to expect sales growth of around 2 to 5 percent for the group in the 2021 financial year. Following EUR 620 million in sales in 2020, sales are thus expected to range between EUR 632 and 651 million for 2021 as a whole. Group EBIT is expected to be between EUR 48 and 55 million (previous year: EUR 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 EUR 620 million and EBIT of EUR 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: ir@hawesko-holding.com

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2021-11-11 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. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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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:       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 
EQS News ID:  1248119 
 
End of News   DGAP News Service 
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1248119 2021-11-11

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November 11, 2021 02:01 ET (07:01 GMT)