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Hawesko Holding AG: Strong sales development and significant EBIT increase in the first half-year

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Hawesko Holding AG / Key word(s): Half Year Results
Hawesko Holding AG: Strong sales development and significant EBIT increase in the first half-year

16-Jul-2020 / 11:39 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Strong sales development and significant EBIT increase at half-year


Hamburg, 16 July 2020. The wine-trading group Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) announces that the operating result (EBIT) of the group in the first half-year of 2020 (1 January to 30 June) is expected to rise by about 50% to approximately € 13.1 million according to preliminary calculations (previous year: € 8.8 million). Sales revenues will have increased during the same period by 8.5% to € 277.6 million (previous year: € 255.8 million). Due to the continued difficulty of estimating the development of the coronavirus pandemic, a reliable forecast for the full year 2020 is still not possible.

A detailed analysis as well as the full interim accounts at 30 June 2020 will be published on 6 August 2020.
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Information and Explanation of the Issuer to this News:

Herausgeber:

Hawesko Holding AG
Elbkaihaus
Große Elbstraße 145d
22767 Hamburg

Presse- und Investor-Relations-Kontakt:
Thomas Hutchinson
Tel. (040) 30 39 21 00
Fax (040) 30 39 21 05
E-Mail: ir@hawesko-holding.com

16-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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:

1095035


 

End of Announcement

DGAP News Service

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