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Hawesko Holding SE: Hawesko Group confirms revenue and earnings expectations for 2022

EQS-News: Hawesko Holding SE / Key word(s): Results Forecast/Annual Results Hawesko Holding SE: Hawesko Group confirms revenue and earnings expectations for 2022 03.02.2023 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. PRESS RELEASE

 

Hawesko Holding: Hawesko Group confirms revenue and earnings expectations for 2022

 

	Forecast financial year 2022	Preliminary business figures
Group turnover (in € million)	640 – 674	≈671	✓
Operating result (in € million)	38 – 47	≈39	✓

 

Hamburg, 03 February 2023. On the basis of provisional and unaudited figures, the wine trading group Hawesko Holding SE (HAW, HAWG.DE, DE0006042708) achieved consolidated sales of around € 671 million and an operating result of around € 39 million in the 2022 financial year.

In the first year after the strong sales growth during the pandemic lockdown, the Hawesko Group's sales were, as expected, just below the previous year's level, but well above the sales level before the pandemic. While the e-commerce and retail segments saw their sales decline by -10 and -4 percent respectively due to lower consumption at home, the B2B segment posted +7 percent organic growth thanks to the resurgent catering trade. Overall, i.e. including acquisitions, the B2B segment grew by +16 percent.

The Hawesko Group expects an operating result of around € 39 million in 2022. The profit margin achieved is within the forecast range at just under 6 percent.

The operating result in 2022 is burdened with around € 6 million in exceptional costs due to inflation. The costs for glass, transport, energy as well as paper and cardboard increased massively in the financial year and could not yet be fully compensated for in the gross profit.