Press Release: Hawesko continues to grow

Hawesko Holding AG / Hawesko continues to grow . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

- Sales in 2014 rose as planned by 1.6% to nearly EUR 473 million

- 4.4% increase in sales on comparable basis

- EBIT excluding charges from the takeover offer: approximately EUR 23 million (previous year: EUR 22.6 million)

* Further growth expected for 2015

Hamburg, 28 January 2015. The wine trading group Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) has published its preliminary results for the fiscal year just completed (1 January - 31 December 2014) today. Consolidated sales rose by 1.6% to EUR 472.5 million (2013: EUR 465.2 million), thus meeting the expectations of the management board. Excluding the advance sales of the subscription Bordeaux en primeur wines as well as the sales of the former subsidiary Château Classic, sales rose by 4.4%, whereby all three business segments contributed to growth. The management board estimates that Hawesko once again succeeded in increasing its share of the market in 2014.

According to preliminary calculations, the consolidated operating result (EBIT) of the Hawesko Group - before the extraordinary charges incurred in conjunction with the takeover offer - amounts to roughly EUR 23 million and is thus slightly below the expected range of EUR 24-25 million (previous year: EUR 22.6 million). According to preliminary calculations, approximately EUR 3 million in non-recurring charges were incurred in connection with the takeover offer, so that consolidated EBIT will be in the range of EUR 20 million. The financial result is currently expected to amount to EUR -0.4 million (previous year: EUR +2.7 million), but may be revised upwards as a result of as yet outstanding substantive final calculations for the consolidated accounts. Thus, the Hawesko management board reckons with consolidated net income after deductions for taxes and non-controlling interests of at least EUR 13 million and EUR 1.45 per share (previous year: EUR 16.2 million and EUR 1.80 per share). Hawesko's consolidated accounts will be audited in March 2015 and submitted to the supervisory board for review.

For 2015 the management board expects a further increase in sales. With regard to the EBIT and the EBIT margin - excluding anticipated non-recurring charges - these are expected to improve against the previous year. For the following years as well, the management board expects further increases in sales and gradual improvement of profitability.

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The 2014 annual report will be presented at the annual press conference on 7 May 2015.

Publisher: Hawesko Holding AG

20247 Hamburg

Internet: http://www.hawesko-holding.com (Company information)

http://www.hawesko.de (Online shop)

http://www.jacques.de (Jacques' Wein-Depot information and online shop)

http://www.vinos.de (Spanish wines sold through Wein & Vinos)

Press Contact and Investor Relations:

Thomas Hutchinson, Hawesko Holding AG

Phone: +49 (0)40 30 39 21 00

Fax +49 (0)40 30 39 21 05

E-mail: ir@hawesko-holding.com

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: HAWESKO Holding AG via Globenewswire

HUG#1890058

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HAWESKO Holding AG

Plan 5 Hamburg Germany

WKN: 604270;ISIN: DE0006042708;Index:GEX,CLASSIC All Share,SDAX,Prime All Share,CDAX;

Listed: Freiverkehr in Börse Stuttgart,

Freiverkehr in Börse Berlin,

Freiverkehr in Börse Düsseldorf,

Freiverkehr in Bayerische Börse München,

Freiverkehr in Niedersächsische Börse zu Hannover,

Prime Standard in Frankfurter Wertpapierbörse,

Regulierter Markt in Frankfurter Wertpapierbörse,

Regulierter Markt in Hanseatische Wertpapierbörse zu Hamburg;

(END) Dow Jones Newswires

   January 28, 2015 06:00 ET (11:00 GMT)- - 06 00 AM EST 01-28-15