EQS-Adhoc 117 0 Kommentare CEWE Stiftung & Co. KGaA:

Für Sie zusammengefasst

CEWE plans fifteenth dividend increase in a row to 2.60 euros per share.
Strong 2023 results: Group turnover up to 780.2 million euros, EBIT at 83.9 million euros.
Proposal for dividend increase subject to approval at Annual General Meeting on June 5, 2024.

Foto: CEWE Stiftung & Co. KGaA

EQS-Ad-hoc: CEWE Stiftung & Co. KGaA / Key word(s): Dividend
CEWE Stiftung & Co. KGaA:

18-March-2024 / 16:59 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Ad Hoc Release

CEWE plans fifteenth dividend increase in a row

Oldenburg, 18 March 2024. The Board of Management of CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE0005403901) resolved in its meeting of today to propose to the Supervisory Board, on the basis of the preliminary unaudited figures for the 2023 financial year, to raise the dividend to 2.60 euros per eligible share (dividend for the 2022 financial year: 2.45 euros).

CEWE has concluded the business year 2023 with a strong result: According to preliminary calculations, reported Group turnover increases by 47.5 million euros to 780.2 million euros (turnover 2022: 732.7 million euros), reported Group EBIT rises to 83.9 million euros (EBIT 2022: 75.6 million euros).

The proposal for the appropriation of net income is to be submitted to the Annual General Meeting for resolution on the appropriation of net income after adoption of the audited annual financial statements. Subject to the approval of the Supervisory Board in its meeting on the financial statements on 19 March 2024 and of the shareholders at the Annual General Meeting on 5 June 2024, the dividend now proposed at 2.60 euros a share is equivalent to a dividend yield of 2.6% based on the year-end share price 2023 of 101.20 euros. This is the fifteenth dividend increase in a row and marks a new high. CEWE thus further strengthens its position among the top 3 of the 644 listed German companies that have continuously increased their dividends over so many years.

CEWE will be presenting the complete, audited annual financial statements at the Annual Press and Analysts' Conference on March 22, 2024.

Notifier: Axel Weber, Head of Investor Relations, CEWE Stiftung & Co. KGaA

End of Inside Information

18-March-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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:	1861305