DGAP-Adhoc 129 0 Kommentare CEWE Stiftung & Co. KGaA: Significant increase in earnings in 2020 financial year

DGAP-Ad-hoc: CEWE Stiftung & Co. KGaA / Key word(s): Preliminary Results
CEWE Stiftung & Co. KGaA: Significant increase in earnings in 2020 financial year

22-Jan-2021 / 17:27 CET/CEST
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CEWE Stiftung & Co. KGaA:
Significant increase in earnings in 2020 financial year

Oldenburg, 22 January 2021. Initial figures, as yet uncertified, on the 2020 financial year show CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE0005403901) concluding the year with a significant increase in earnings: Group turnover in 2020 increased in the range of around 727 million euros (2019 FY: 720.4 million euros) and EBIT improved more than proportionately to a level of around 79 million euros (2019 FY: 56.8 million euros).

The increase in earnings resulted from another even brisker Christmas season in photofinishing, with CEWE once again showing its strong stay-at-home quality in this core business segment. The photofinishing product categories all contributed to growth, thus more than compensating for the negative impact of the coronavirus pandemic on the business segments of commercial online printing and retailing.

CEWE will as usual be publishing the company's preliminary unaudited figures for the 2020 financial year in February. Audited annual financial statements will all be presented at the annual report and analysts' press conference on 25 March 2021.

Notifier: Axel Weber, Head of Investor Relations, Planning & Reporting

22-Jan-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	CEWE Stiftung & Co. KGaA
	Meerweg 30-32
	26133 Oldenburg
	Germany
Phone:	+49 (0)441 40 4-1
Fax:	+49 (0)441 40 4-42 1
E-mail:	IR@cewe.de
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, Tradegate Exchange
EQS News ID:	1162692