HAWESKO Holding AG

Notice of Dividend Amount • Jun 15, 2021

News Details

Corporate | 15 June 2021 14:15

Hawesko Holding AG: Annual General Meeting approves payment of a dividend of € 2.00 per share

DGAP-News: Hawesko Holding AG / Key word(s): Dividend/AGM/EGM

15.06.2021 / 14:15

The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Hawesko Group: Annual General Meeting approves payment of a dividend of € 2.00 per share

– Hawesko Group to pay dividend for 23rd consecutive year

– Significant EBIT increase expected in Q2 2021

Hamburg, June 15, 2021. The Annual General Meeting of the wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) today approved the payment of a dividend of € 2.00 per share (€ 1.60 regular plus € 0.40 special dividend) for the 2020 financial year, payable from June 18, 2021. The company’s shareholders will thus receive a dividend payment that, including the special dividend, is 14% higher than the level of the previous year. This corresponds to a dividend yield of around 4% based on a share price of € 52 on June 14, 2021. With this distribution, Hawesko Holding AG is continuing its longstanding uninterrupted dividend tradition: the group’s shareholders have received a dividend every year since the IPO in 1998.

All the proposals of the corporate bodies met with the approval of the virtual Shareholders’ Meeting, and the regulations were fulfilled. At the same time, the Group provided an insight into the current business development: the Group’s operating result (EBIT) in the second quarter (April 1 to June 30) 2021 is developing significantly better than in the previous year and, according to preliminary estimates for the individual quarter, is between € 13.4 million and € 15.4 million (same period of the previous year: € 9.2 million). This means that earnings for the first half of 2021 will amount to between € 29 million and € 31 million (prior-year period: € 13.1 million) and are thus expected to more than double compared with the previous year.

The course of the rest of the fiscal year is very much dependent on the duration and design of the measures to combat the COVID 19 pandemic, but also on consumer reaction following its easing. The last few months of this year have shown that the development is clearly different from what was expected. It is not yet possible to predict the extent to which the trends of recent months will change as a result of the easing measures taking place and vaccination levels rising. Against this background, it is still not possible at present to make a serious forecast of business development for the remainder of the fiscal year. “We are confident, however, that we will be able to make a clearer statement on the annual forecast in the half-yearly report,” comments the Chairman of the Board of Management of the Hawesko Group, Thorsten Hermelink.

A detailed analysis and the interim financial statements will be published on August 11, 2021 in the half-year report as of June 30, 2021.

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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: ir@hawesko-holding.com

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15.06.2021 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:	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:	1208108

End of News	DGAP News Service