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Hawesko AG has published its preliminary figures for the 2017 financial year. According to these figures, the wine trading group, which also includes the providers Jacques Weindepot, Wein Wolf, WeinArt, vinos.de and wirwinzer.de, has recorded record sales. According to the figures, sales increased for the first time to 507 million euros and with a result of just over 30 million euros, another record figure was achieved.

"We have significantly accelerated growth compared to previous years and increased efficiency and profitability in our core business in order to be able to finance additional growth initiatives from our own resources. With the 5.5 percent increase in sales, we have once again outperformed the generally stagnating wine market," commented CEO Thorsten Hermelink on the result, adding: "In online sales - a key growth driver in the Group - we have increased by 15 percent compared to the previous year. We will continue to invest consistently here - for example in the expansion of WirWinzer or in Enzo, our new concept for Italian wines. In addition, we will continue to look for suitable acquisition targets

Consolidated sales in 2017 rose from 480.9 million euros in the previous year by 5.5 percent to 507.5 million euros. Without the acquisitions of WirWinzer, WeinArt and Grand Cru Select, consolidated sales would have risen by 2.5 percent.

Hawesko Holding AG is one of the major German suppliers of high-quality wines and champagnes. In the 2016 financial year, it achieved - via its three distribution channels Omnichannel (Jacques' Wein-Depot), B2B (Wein Wolf and CWD Champagner- und Wein- Distributionsgesellschaft) and Digital (especially hawesko.de and vinos.de) - a turnover of 481 million euros and employed around 940 staff.

(uka / Photo: Hawesko)

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