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Good Start to 2021: CEWE Increases Earnings in Q1


Good Start to 2021: CEWE Increases Earnings in Q1
12.05.2021 / 07:00
Good Start to 2021: CEWE Increases Earnings in Q1
 
decline in other business segments
Group EBIT increases considerably, by 6.6 million euros to 8.6 million euros
Outlook for 2021 confirmed
12th consecutive dividend increase to be voted on by shareholders at the Annual General Meeting on 9 June
Oldenburg, 12 May 2021. CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) started 2021 with significantly better earnings, as shown by the first three months. The deciding success factor was once again positive earnings in the core business segment of photofinishing. With growth robust at 9.0%, photofinishing sales increased to 125.0 million euros (Q1 2020: 114.7 million euros), thus virtually compensating for declines caused by the lockdown in the business segments of Retailing and Commercial Online Printing. Group turnover, at 145.9 million euros, thus fell just short in total of ....

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