Hawesko Holding SE Adjusts 2026 Forecast Amid Subdued Demand

Hawesko Holding SE reported decreased revenue in the first half of 2026, citing geopolitical conflicts and a continued decline in wine consumption as key factors. Revenue dropped to €274.8 million from €285.1 million the previous year. Despite this, the gross profit margin improved from 43.9% to 45.2%, thanks to cost-efficiency measures.

The company has adjusted its full-year 2026 guidance, predicting a revenue decline of 2 to 4%. Operating EBIT is now expected between €23 million and €26 million, with free cash flow projected at €28 million to €33 million. Efforts are underway to enhance e-commerce and streamline logistics. Jacques' revenue remained stable, while the B2B segment saw improved operating margins. Hawesko continues to invest in customer acquisition to mitigate demand weaknesses.