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CEWE with seventh consecutive dividend increase - Seite 2

repurchase which has been in operation since 18 May 2016.


Targets for 2016: earning power and dividends to continue to increase
In the Annual General Meeting, the Board of Management confirmed its aim of
continuing to increase income and dividends in the current business year on
the basis of the positive development in the first quarter of the year and
the expectation of a further rise in the seasonal peak in the fourth
quarter. In 2016, consolidated turnover is to increase slightly from 554.2
million euros in 2015 to an amount in the range of 555 to 575 million
euros. In this case turnover in photofinishing is to remain approximately
stable or increase slightly, the business segment of retailing is to show
turnover to be about constant and commercial online printing to continue to
increase its turnover. After 77.8 million euros in 2015 (+ 10.4 %), the
management believes that commercial online printing can achieve turnover of
around 86 million euros in 2016. At the same time CEWE is confirming its
target of generating a positive contribution to earnings in 2016 in online
printing. The Group EBIT is to be in a corridor of 38 to 44 million euros,
EBT is to be in the range of 37 to 43 million euros, and after tax earnings
between 25 and 29 million euros. This is equivalent to an increase in the
operative EBIT target corridor of around six million euros in comparison to
the targets for 2015. At the same time the management confirmed its aim of
raising dividends in the coming years as well.

Should you have any queries, please contact:
CEWE Stiftung & Co. KGaA, Axel Weber (Investor Relations)
Tel.: 0441 / 404 - 2288, Fax: 0441 / 404 - 421, Email: [e-mail]

Internet: cewe-photobook.com , cewe.de , cewe-fotobuch.de , cewe-print.de
,
viaprinto.de , saxoprint.de

The CEWE apps are all available in the app stores: CEWE PHOTO WORLD, CEWE
POSTCARD, CEWE SERVICE and other photo apps, and the CEWE Investor
Relations app for iPad(c) or android tablets, with annual reports and
quarterly reports, presentations and sustainability reports.

Financial schedule:
11 August 2016 Publication of the mid-year report as at Q2 2016
19-21 September 2016 Berenberg & Goldman Sachs German Corporate Conference
20-22 September 2016 Baader Investment Conference, Munich
10 November 2016 Publication of the interim report as at Q3 2016
21-22 November 2016 German Equity Forum, Frankfurt

About CEWE: The innovative photo and online print service company CEWE,
with twelve highly-technical production operations and a staff of around
3,400 employees in 24 European countries, is both market and technological
leader. In 2015 CEWE delivered around 2.2 billion prints, 6.0 million
copies of the CEWE PHOTO BOOK and photo gift articles to around 25,000
retail partners to generate consolidated turnover of 554.2 million euros.
CEWE is continuously generating new impulses in the photographic industry
with innovations for people who enjoy taking photos. In the new business
segment of commercial online printing, printed material for businesses is
marketed through the sales platforms CEWE-PRINT.de, Saxoprint und
Viaprinto. Founded in 1961 by Senator h. c. Heinz Neumüller, CEWE was taken
to the stock exchange by Hubert Rothärmel in 1993. CEWE Stiftung & Co. KGaA
is listed on the SDAX.


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01.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.

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Language: English
Company: CEWE Stiftung & Co. KGaA
Meerweg 30-32
26133 Oldenburg
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.cewe.de
ISIN: DE0005403901
WKN: 540390
Indices: SDAX
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard);
Regulated Unofficial Market in Dusseldorf, Hamburg,
Hanover, Munich, Stuttgart


End of News DGAP News Service
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