Hawesko Holding AG: 20 years of dividends at the Hawesko Group
- The group has paid a dividend every year since its IPO in 1998 - Management board and supervisory board propose a dividend of EUR 1.30 per share - Preliminary result for 2017 confirmed Hamburg, 6 April 2018. The wine trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) expects to pay a dividend of EUR 1.30 per share for fiscal year 2017, as in the previous year. At its meeting today, the supervisory board agreed to the corresponding dividend proposal of the management board. Thus, the company will pay a dividend for the twentieth consecutive year since its listing on the stock exchange in 1998.
"In addition to organic growth, we achieved higher growth in 2017 due to acquisitions compared to the previous years. Moreover, we further improved our efficiency and profitability in our core business, so that we are able to finance additional growth initiatives from our own resources," said CEO Thorsten Hermelink in Hamburg today. "Our shareholders will be especially pleased that we have again created the basis for adequate participation in the company's success in the twentieth consecutive year after our IPO, and will pay a dividend at the previous year's level."
The consolidated accounts for 2017 show sales of EUR 507.0 million (+5.4 %; previous year: EUR 480.9 million). The result from operations (EBIT) amounted to EUR 30.4 million. (previous year, unadjusted for special effects: EUR 29.6 million). Consolidated net income after taxes and non-controlling interests amounted to EUR 18.5 million (previous year: likewise EUR 18.5 million; both figures unadjusted for special effects). The consolidated balance sheet total amounted to EUR 259.7 million (2016: EUR 231.3 million). Furthermore, the supervisory board reviewed, discussed and ratified the annual and consolidated financial statements for fiscal year 2017 (1 January to 31 December); they are thus approved.
# # # Hawesko Holding AG is a leading supplier of premium wines and champagnes. In fiscal year 2017, the Group achieved sales of EUR 507 million and employed 954 persons in the company's three sales channels: omnichannel (Jacques' Wein-Depot), B2B (Wein Wolf and CWD Champagner- und Wein-Distributionsgesellschaft) and digital (particularly HAWESKO and 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.
The complete 2017 annual report and accounts will be presented at the annual press conference on 19 April 2018.
Hawesko Holding AG Elbkaihaus Grosse Elbstrasse 145d 22767 Hamburg Germany
Internet: hawesko-holding.com (Company information) hawesko.de (Online shop) jacques.de (Jacques' Wein-Depot information and online shop) vinos.de (Spanish wines sold through Vinos) wirwinzer.de (German wines directly from the producers)
Press and Investor Relations: Thomas Hutchinson Phone: +49 (0)40 30 39 21 00 Fax +49 (0)40 30 39 21 05 E-mail: email@example.com
06.04.2018 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.deLanguage: 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: firstname.lastname@example.org 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