on Hawesko Holding AG (ETR:HAW)
Hawesko Group Revises 2025 Outlook Amidst Challenging Market Conditions
Hawesko Holding SE, a key player in the wine trading industry, released its preliminary results for Q2 2025, showing a 3% decline in sales, totaling €285 million. Adjusted EBIT fell to €6 million by the end of June. CEO Thorsten Hermelink highlighted the persistent challenges in the premium wine market and anticipates continued difficulties in consumer sentiment through the year, despite potential Christmas business opportunities.
Due to this situation, Hawesko's Executive Board has adjusted their financial outlook, predicting sales and earnings below last year's levels. To counteract market pressures, the company launched the FOCUS program, aimed at achieving a €10 million earnings increase through cost reductions and strategic execution.
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