Hawesko raises ordinary dividend to EUR 0.85

3/28/2007, 3:28 PM (Source: GlobeNewswire)
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- Final figures for 2006:
Sales over EUR 300 million for the first time,
consolidated earnings up from previous year

Hamburg, 28 March 2007. The wine trading group Hawesko Holding AG
(HAW GR, HAWG.DE, DE0006042708) will raise its regular dividend for
the past 2006 fiscal year to EUR 0.85 per share (previous year,
adjusted for the 2-for-1 share split: EUR 0.70; plus a non-recurring
bonus of EUR 0.30 per share). At its meeting today, the supervisory
board of the company approved the corresponding dividend proposal of
the management board, on which the annual general meeting will vote
on 18 June 2007. The proposed increase in the ordinary dividend
corresponds to a rise of 21%. The bonus dividend from the previous
year was based on a non-recurring large reduction in tax expenditure
resulting from a profit and loss transfer agreement between the
subsidiary Jacques' Wein-Depot and the parent company. For fiscal
year 2006 a total of EUR 7.5 million will be paid out to the
shareholders (previous year including bonus: EUR 8.8 million).

Furthermore, the supervisory board discussed and ratified the annual
and consolidated group financial statements for fiscal year 2006; the
parent company's annual financial statements were approved. As
already reported, Group sales in 2006 rose by 5.4% to
EUR 302.6 million (previous year: EUR 287.0 million). The Group's
operating result (EBIT) was slightly higher than originally reported
based on preliminary figures, amounting to EUR 18.6 million (previous
year: EUR 18.9 million). Consolidated earnings after taxes and
minority interests rose to EUR 10.8 million in 2006 (previous year:
EUR 10.7 million). This corresponds to a profit per share of EUR 1.23
(previous year, comparable: EUR 1.22). The consolidated balance sheet
total amounted to EUR 171.9 million (previous year:
EUR 162.6 million). The free cash flow (cash flow from ongoing
business activities minus investments and interest paid out) in 2006
amounted to EUR 5.6 million (previous year: EUR 17.1 million).
The management board will give a detailed presentation of the results
of fiscal year 2006 as well as the outlook for fiscal year 2007 on 9
May 2007 at the balance sheet press conference of Hawesko Holding AG.
Hawesko Holding AG is a leading supplier of premium wines and
champagnes. In fiscal year 2006 the Group achieved sales of EUR 303
million through its three sales channels - specialist wine retail
(Jacques' Wein-Depot), wholesale (Wein Wolf and CWD Champagner und
Wein Distributionsgesellschaft) and mail order (in particular
Hanseatisches Wein- und Sekt-Kontor). The Group employs 551 people.
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.
# # #

Hawesko Holding AG
Postfach 20 15 52
20205 Hamburg, Germany

Web site:
(Company information)
(Online shop)
(Information Jacques' Wein-Depot)

Vera Maria Bau,VMB Public Relations
Phone: +49 (0)228 44 96
Fax: +49 (0)228 8 44 96
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 ---

Postfach 201552 Hamburg

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
Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart,
Amtlicher Markt in Hanseatische Wertpapierbörse zu Hamburg,
Freiverkehr in Niedersächsische Börse zu Hannover;
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