Business
Hawesko Group publishes preliminary results for the second quarter of 2025 and adjusts outlook for the full year - opportunities include the upcoming Christmas business
Hawesko Group publishes preliminary results for the second quarter of 2025 and adjusts outlook for the full year - opportunities include the upcoming
About this update from Hawesko Holding Se
[{"type":"text","content":"\n\n\nEQS-News: Hawesko Holding SE\n\n\n / Key word(s): Quarter Results/Change in Forecast\n\n\n\n\n\nHawesko Group publishes preliminary results for the second quarter of 2025 and adjusts outlook for the full year - opportunities include the upcoming Christmas business \n\n\n\n\n\n\n21.07.2025 / 17:25 CET/CEST\n\n\n\nThe issuer is solely responsible for the content of this announcement.PRESS RELEASEHawesko Group publishes preliminary results for the second quarter of 2025 and adjusts outlook for the full year - opportunities include the upcoming Christmas business\n\nHamburg, 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.\n\nIn 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.\"\n\nAgainst 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.\n\n# # #\n\nAs a leading trading group for high-quality wines, champagnes and spirits, the Hawesko Group employs ...