HAWESKO Holding AG english

Hawesko nearly doubles operating profit in 2001

Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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- Sales rise by 14% to Euro 264 million
- Further increase in sales and profits expected for 2002

Hamburg, 13 February 2002. The wine trading group Hawesko Holding AG
(HAWG.F,
DE0006042708) nearly doubled its operating result (EBIT) in fiscal year
2001.
According to the preliminary sales and profit figures released today, it
increased to Euro 17 million (2000: Euro 8.7 million). Consolidated group
sales
came to Euro 264 million (excluding sales tax), thereby exceeding the
previous
year's figure by 14%. The Hawesko Group posted an operating (EBIT) margin
of
6.4% for 2001 (2000: 3.7%), which comes already very close to the
medium-term
goal - 7% - of the management board. The final figures together with the
audited
 annual financial statements will be presented at the balance sheet press
conference on 29 April 2002. The success of the past year is reflected in
the
earnings per share which will range between Euro 1.60 and Euro 1.70, a
development which, in the view of the management board, justifies a
dividend
payment of at least Euro 1.00 per share.

For 2002 as a whole, the management board anticipates an increase in Group
sales
 of 7% - to between Euro 280 million and Euro 285 million - with a
proportional
increase in profits to approximately Euro 18 million, whereby the
management
board expects sales growth primarily in the second half of the year.
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The full announcement is available on the Internet at

http://www.hawesko.com  -> press


end of ad-hoc-announcement  (c)DGAP 13.02.2002
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WKN: 604270; ISIN: DE0006042708; Index: SDax
Listed: Amtlicher Handel in Frankfurt (SMAX), Hamburg; Freiverkehr in
Berlin,
Düsseldorf, Stuttgart


 130759 Feb 02