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    DGAP-News  7789  0 Kommentare CEWE: Sales, turnover and profit on target at mid-year


    DGAP-News: CEWE COLOR Holding AG / Key word(s): Half Year Results
    CEWE: Sales, turnover and profit on target at mid-year

    14.08.2013 / 07:00

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    CEWE: Sales, turnover and profit on target at mid-year

    - Turnover grows by 7.8% to EUR 218.2 million

    - Online printing rises by 60.4% to EUR 27.2 million

    - Capital ratio continues to rise, to 38.1%

    - Christmas season decisive for annual net income

    - Annual forecast confirmed

    Oldenburg, 14 August 2013. CEWE COLOR Holding AG (SDAX, ISIN: DE
    0005403901) continued to grow in the first six months of 2013, increasing
    turnover by 7.8% to EUR 218.2 million. Besides strong growth in the future
    business of online printing (+60.4%, to EUR 27.2 million), retail business
    (+7.6% to EUR 52.2 million) and photofinishing (+1.4% to EUR 138.8 million)
    also contributed to this increase. In the first half-year period, which is
    typically negative for seasonal reasons, the operative Group EBIT (adjusted
    by EUR 3.3 million in extra expenses for location mergers) was - EUR 7
    million (previous year adjusted by extra expenses: - EUR 6.1 million). The
    proportion of earnings in the annual net income generated in the first six
    months of the year is reduced due to the continuing seasonal shift into the
    fourth quarter. The 12-month return on capital employed (ROCE) reached
    13.8%. 'We are thus fully in line with our target for 2013 in all our
    categories, and we are confirming our forecast. We made intensive use of
    the first six months to prepare ourselves for the fourth quarter, the
    period which is the focus of our turnover and earnings, with product
    innovations and with reinforcing the brand,' says Dr. Rolf Hollander,
    Chairman of the Board of Management of CEWE COLOR Holding AG. In spite of
    the positive development in the first six months, the seasonal shift to the
    fourth quarter resulting from digitisation will continue with a negative
    impact on the third quarter.

    Turnover per photo grows with the trend to added value products
    The positive development in the business segment of photofinishing, with
    turnover growing by 1.4% to EUR 138.8 million, is the result of a trend
    towards added value products. In the first six months of 2013, sales of the
    CEWE PHOTO BOOK rose by 3.5% to 2.195 million books. At 967.8 million
    photos sold, turnover per photo increased by 7.0% over that of the same
    period of the previous year in the first six months of 2013.


    Profitability in core business guarantees growth
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    DGAP-News CEWE: Sales, turnover and profit on target at mid-year DGAP-News: CEWE COLOR Holding AG / Key word(s): Half Year Results CEWE: Sales, turnover and profit on target at mid-year 14.08.2013 / 07:00 --------------------------------------------------------------------- CEWE: Sales, turnover and profit on …

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