CEWE Stiftung Soars: Strong Q1 with Significant Turnover and Earnings Growth

• CEWE Stiftung & Co. KGaA reported a strong start to 2024 with a 6.6% increase in group turnover to EUR 165.7 million and EBIT rising to EUR 8.1 million in Q1.
• The company's core business segment, Photofinishing, drove the earnings momentum with an EBIT increase of 2.4 million euros.
• CEWE Group was recognized with three TIPA World Awards, highlighting its innovative strength.
• The company ranked second out of 611 German listed companies for its dividend increase, marking its 15th consecutive dividend increase.
• CEWE's management is forecasting a Group turnover of up to 820 million euros and Group EBIT of up to 87 million euros for 2024.
• The Commercial Online Print business segment improved its EBIT by EUR 0.4 million to EUR 0.8 million despite a slight decline in turnover.

The next important date, Publication of the Q1 2024 Interim Report, at CEWE Stiftung is on 15.05.2024.

The price of CEWE Stiftung at the time of the news was 100,40EUR and did not change compared to the previous day.
15 minutes after the article was published, the price was 100,90EUR this corresponds to a plus of +0,50 % since publication.
At this time, the index SDAX was at 15.073,21PKT (+1,35 %).

CEWE Stiftung

+2,29 %

+4,28 %

+8,06 %

+3,88 %

+18,06 %

-20,71 %

+27,16 %

+94,56 %

+8.334,30 %

ISIN:DE0005403901WKN:540390

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