Hawesko confirms preliminary nine-month figures

10/27/2006, 8:00 AM (Source: GlobeNewswire)
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- 6% increase in sales, 11% increase in EBIT
- Difficult third quarter for mail order business
- No major changes in full-year targets for 2006


Hamburg, 27 October 2006. The wine merchant and trading group Hawesko
Holding AG (HAW GR, HAWG.DE, DE0006042708) published its report on
the first nine months of fiscal year 2006 as well as its results for
the third quarter today. In the quarter from 1 July to 30 September
2006, Group sales increased over the same quarter of the previous
year by 1% to Euro 61.7 million before sales taxes (previous year:
Euro 60.9 million). However, the result from operations (EBIT) for
the quarter fell to Euro 1.0 million (previous year: Euro 2.1
million). This is due primarily to the reduction in advertising
activities in the mail order segment, which was necessary in the
course of the complete switchover to a new IT system. Consolidated
earnings (after deductions for taxes and minority interests) amounted
to Euro 0.3 million (previous year: Euro 1.4 million).

In the first nine months of the current fiscal year (1 January to 30
September 2006), the Group posted sales of Euro 194.6 million, an
increase of 6% over the first nine months of the previous year (Euro
183.8 million). During the same period the German wine market overall
grew by 2%, according to a GfK survey. The operating result of the
Hawesko Group in this nine-month period rose to Euro 5.9 million
(previous year: Euro5.3 million), while the Group result after
deductions for taxes and minority interests increased to Euro 3.2
million (previous year: Euro 2.4 million).

For the Hawesko management board there is no great material change in
full-year 2006 targets due to the earnings weakness in the third
quarter: the board expects a sales increase over the previous year
(Euro 287 million). With regard to EBIT from existing activities, the
management board now assumes that the previous year's figure
(Euro 18.9 million) will not be surpassed. Expenditures for the
start-up of new activities - in particular for the first pilot stores
with the new specialist retail concept multiwein - will place a
charge on the EBIT for 2006, as already announced. From today's
standpoint the management board estimates group EBIT on the magnitude
of Euro 18 million, whereby a normal course of business is assumed
for the important pre-Christmas trading period in the fourth quarter.

Chief executive officer Alexander Margaritoff stated: "We are already
in the decisive fourth quarter when, like every year, one-third of
our annual sales and more than three-quarters of our annual operating
profit are achieved. The Hawesko Group has begun this crucial quarter
with a comfortable lead, and I am upbeat about the further course of
business to the end of the year. So, I am looking forward to
Christmas and expect a really robust business development."

Hawesko Holding AG is a leading supplier of premium wines and
champagnes. Its sales channels include specialist wine retail
(Jacques' Wein-Depot), wholesale (Wein Wolf und CWD Champagner & Wein
Distributionsgesellschaft) and mail order (particularly Hanseatisches
Wein- und Sekt-Kontor). The Group employed an average of 566 staff
members during the past fiscal year. 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.

# # #

The complete nine-month report for 2006 is available at
http://www.hawesko.com, Investor Relations --> Financial Info -->
Financial Reports

Published by:
Hawesko Holding AG
Postfach 20 15 52
20205 Hamburg, Germany

Web site:
http://www.hawesko.com
(Company information)
http://www.hawesko.de
(Online shop)
http://www.jacques.de
(Information about Jacques' Wein-Depot)

Press/Media:
Vera Maria Bau, VMB Consulting
Phone: +49 (0)228 4496 240
Fax +49 (0)228 4496 298
E-mail: vmb.pr@t-online.de

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.com



--- End of Message ---
WKN: 604270; ISIN: DE0006042708; Index: CDAX, Prime All Share, SDAX,
CLASSIC All Share;
Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Prime
Standard in Frankfurter Wertpapierbörse,
Freiverkehr in Börse Berlin Bremen, Freiverkehr in Bayerische Börse
München,
Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart,
Amtlicher Markt in Hanseatische Wertpapierbörse zu Hamburg;
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