Hawesko Group: AGM approves dividend payment of € 1.75 per share

- Hawesko Group pays dividend for the 22nd consecutive year

- Positive business development continuing in the 3rd quarter

Hamburg, 20 August 2020. The annual general shareholders' meeting of the wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) in Hamburg approved the payment of a dividend of € 1.75 per share (€ 1.30 as a regular dividend plus € 0.45 as a special dividend) for fiscal year 2019 today, to be paid out as of 25 August 2020. Thus, the company's shareholders will receive a dividend 35% higher (including the special dividend) than that of the previous year. This corresponds to a dividend yield of approximately 4% based on a share price of € 43.00 as of 20 August 2020. Hawesko Holding AG is thus continuing its longstanding tradition of uninterrupted dividend payment: shareholders of the group have received a dividend every year since the company was initially listed on the stock exchange in 1998.

All proposals of the management board were approved by the virtual annual general meeting of the shareholders, and the formalities were completed as well. The company also provided some insight into their current business performance: according to CEO Thorsten Hermelink, the Hawesko Group has continued the positive sales trends of the first half-year in the third quarter until now. At the half-year reference date on 30 June 2020, consolidated sales were up by 8.5% and the operating result by 49% over the same period in the previous year. Hermelink added that due to the current situation with the coronavirus pandemic, a reliable forecast for the rest of the year was still not possible, but that the Hawesko management board was very confident that the current fiscal year will be a successful one, provided that no further comprehensive lockdown is imposed in autumn.

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The Hawesko Group is a leading purveyor of premium wines and champagnes. In fiscal year 2019, the Group employed 1,200 persons in the company's three sales channels: retail (Jacques' Wein-Depot), B2B (Wein Wolf and CWD Champagner- und Wein-Distributionsgesellschaft) and e-commerce (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.

Publisher:

Hawesko Holding AG
Elbkaihaus
Grosse Elbstrasse 145d
22767 Hamburg

Internet: hawesko-holding.com (Company information)
hawesko.de (Online shop)
jacques.de (Jacques' Wein-Depot information and online shop)
vinos.de (Spanish wines)
wirwinzer.de (German wines directly from the producers)
weinco.at (Online shop)

Press and Investor Relations:

Thomas Hutchinson
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