ISIN:DE0005403901
EQS-News: CEWE again significantly increases turnover and earnings in 2023
Oldenburg, February 14, 2024 - CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) closed the 2023 financial year with a significant increase in turnover and earnings according to preliminary, unaudited figures: Group turnover, including futalis, which was sold in December 2023, increased by +6.5% to 788.8 million euros (2022: 741.0 million euros), while the CEWE Group's operating result (EBIT) calculated in this way rose to 81.6 million euros (2022: 75.6 million euros).
- Oldenburg, February 14, 2024 - CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) closed the 2023 financial year with a significant increase in turnover and earnings according to preliminary, unaudited figures: Group turnover, including futalis, which was sold in December 2023, increased by +6.5% to 788.8 million euros (2022: 741.0 million euros), while the CEWE Group's operating result (EBIT) calculated in this way rose to 81.6 million euros (2022: 75.6 million euros).
- CEWE had planned Group turnover in the target range of 720 to 780 million euros and EBIT of up to 82 million euros for 2023.
- Group EBIT improved by 4.6 million euros or 5.9% to 81.6 million euros (EBIT Q4 2022: 77.0 million euros).
- According to preliminary calculations, both the Commercial Online-Print and Retail business segments closed the 2023 financial year with a significantly improved result.
EQS-News: CEWE startet mit Ergebnisvorsprung in das wichtigste Quartal des Jahres
EQS-News: CEWE starts the most important quarter of the year with a lead in earnings
Group EBIT improved to 1.2 million euros in the third quarter (Q3 2022: 1.0 million euros).
- Group EBIT improved to 1.2 million euros in the third quarter (Q3 2022: 1.0 million euros).
- During this period, the Photofinishing EBIT improved by +2.7 million euros to 1.8 million euros (Q1-3 2022: -0.9 million euros).
- EBIT improved by a strong +1.5 million euros to 1.5 million euros in this period (Q1-3 2022: 0.0 million euros).
- Including the futalis company, Group turnover for Q1-3 would be +6.7 million euros higher (Q1-3 2022: +6.2 million euros), while EBIT would be -1.5 million euros lower (Q1-3 2022: +0.2 million euros).
EQS-News: CEWE Group increases turnover and earnings in the first half of 2023
Oldenburg, August 11, 2023 CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) has successfully concluded the first half of H1 2023 with +10.7% growth in turnover and an improvement in earnings of +2.2 million euros: Group turnover increased significantly by 29.0 million euros to 299.9 million euros (H1 2022: 270.9 million euros).
- Oldenburg, August 11, 2023 CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) has successfully concluded the first half of H1 2023 with +10.7% growth in turnover and an improvement in earnings of +2.2 million euros: Group turnover increased significantly by 29.0 million euros to 299.9 million euros (H1 2022: 270.9 million euros).
- At the same time, Group EBIT improved by 2.2 million euros to -0.1 million euros (H1 2022: -2.3 million euros).
- Photofinishing turnover increased significantly by +10.6% to 236.5 million euros in the first half of 2023 (H1 2022: 213.8 million euros).
- In Q2 2023, turnover of the Photofinishing business segment increased by +9.0% to 110.4 million euros (Q2 2022: 101.2 million euros), EBIT improved by 0.2 million euros to - 4.1 million euros (Q2 2022: - 4.3 million euros).
EQS-News: CEWE-Gruppe steigert Umsatz und Ertrag im ersten Halbjahr 2023
EQS-News: CEWE: Board of Trustees extends all Board of Management contracts expiring in 2023 on a rotational basis
The Board of Trustees is thus relying on the proven expertise and many years of experience of the Board members who, together with the new CEO Yvonne Rostock, are appointed to lead the CEWE Group.
- The Board of Trustees is thus relying on the proven expertise and many years of experience of the Board members who, together with the new CEO Yvonne Rostock, are appointed to lead the CEWE Group.
- "With this decision, the Board of Management can look ahead with greater strength," says Yvonne Rostock, CEO of CEWE.
- We are very sure that the entire Board of Management team under the leadership of Yvonne Rostock will consistently drive forward the continuous development in the future as well."
- You are welcome to join us at one of these investment conferences or to follow up on our pending publications:
19.09.2023 Berenberg & Goldman Sachs German Corporate Conference 2023, Munich
20.09.2023 Baader Investment Conference 2023, Munich
EQS-News: CEWE: Kuratorium verlängert turnusgemäß alle 2023 auslaufenden Vorstandsverträge
EQS-News: CEWE: Fourteenth dividend increase in a row
The dividend per share will rise to 2.45 euros (dividend in prior year: 2.35 euros).
- The dividend per share will rise to 2.45 euros (dividend in prior year: 2.35 euros).
- This gives the Company's shareholders the benefit of the fourteenth dividend increase in succession.
- "The 14th dividend increase in a row is a strong expression of earnings strength, continuity and reliability at the same time.
- Since the first dividend distribution after the IPO in 1993, CEWE has been paying its shareholders a dividend without interruption - and after successfully coping with the analog/digital transformation this is now the fourteenth time in a row that the dividend has even increased.