Hawesko Group publishes preliminary results for the second quarter of 2025 and adjusts outlook for the full year - opportunities include the upcoming Christmas business

PRESS RELEASE

Hawesko Group publishes preliminary results for the second quarter of 2025 and adjusts outlook for the full year - opportunities include the upcoming Christmas business

Hamburg, July 21, 2025 - Hawesko Holding SE (HAW, HAWG.DE, DE0006042708), one of the leading wine trading groups, today announces its preliminary results for the second quarter of 2025 and adjusts its outlook for the year. Despite a very challenging overall environment, the Hawesko Group remains well positioned and is focused on quickly overcoming the current weaker phase and subsequently strengthening its sales and earnings performance.

In the first half of 2025, Hawesko Holding SE recorded a slight decline in sales of 3% compared to the previous year to € 285 million. Adjusted EBIT also declined to € 6 million as at June 30, 2025. CEO Thorsten Hermelink emphasizes: "The market environment in the premium wine trade remains very challenging, and there are currently no signs of a short-term recovery ahead of the Christmas business. We have to assume that general consumer sentiment will not improve significantly in the second half of the year either, even though the Christmas business continues to offer us opportunities - we are prepared accordingly."

Against this backdrop, the Executive Board is adjusting its forecast for the 2025 financial year. Sales and earnings for the year are now expected to be below the previous year's level. In response to the current market situation and weak consumer sentiment, the Board of Management has initiated the FOCUS program for the entire Hawesko Group as a countermeasure. The aim is to achieve a sustained jump in earnings of € 10 million through cost reductions, productivity improvements and accelerated strategy implementation in order to continue to set the standard and tone throughout the industry.

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As a leading trading group for high-quality wines, champagnes and spirits, 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 SE are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

Publisher:

Hawesko Holding SE
Elbkaihaus
Grosse Elbstrasse 145 d
22767 Hamburg
Germany

Internet:

hawesko-holding.com Corporate information

hawesko.de  Extensive range for wine connoisseurs

jacques.de  Jacques' locations and online offerings

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  Traditional fine wine trader

weinart.de   Rarities and top wines from around the world

enzo.de   Italian wines and lifestyles

globalwine.ch  Premium portfolio for highest quality demands

weinwolf.de  International wine variety

volume-spirits.de   Exquisite spirits portfolio

abayan.de   Top wines from Italy

global-wines.cz  Omnichannel premium retailer in the Czech Republic

dunker.ee   Premium distributor in the Baltic States

Press and Investor Relations contact:

Tel.  (+49) 40 3039 2100

Tel.  (+49) 40 3039 2105

E-mail: ir@hawesko-holding.com