Turnover and earnings increased further, targets achieved
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EQS-News: CEWE Stiftung & Co. KGaA
/ Key word(s): Preliminary Results
CEWE: Turnover and earnings increased further, targets achieved
CEWE's traditional seasonal peak in the Christmas business in the fourth quarter also made a significant contribution to the annual success in 2024: Group turnover in the fourth quarter rose by +7.4% to 351.2 million euros (Q4 2023: 327.0 million euros). The CEWE team managed to meet the challenge of customer orders arriving later and later just before Christmas. Efficiency increases in production, site expansions and new printing and shipping technologies were successfully implemented. At a strong 80.6 million euros, Group EBIT in Q4 again accounts for the lion's share of the annual result (Q4 2023: 81.6 million euros). CEWE was thus once again able to successfully hold its own in a competitive environment during the Christmas season thanks to the premium quality of its innovative products, the strong positioning of all CEWE brands and the strong investments in the market. CEWE photo products increasingly in demand in 2024 as well Photo products in particular have a very high emotional value for many people – especially as Christmas gifts. In the past financial year, CEWE once again successfully converted the high volume of photos available in general, primarily due to smartphone photography, into its own business growth: the total number of photos across all CEWE products rose by +1.7% to 2.43 billion units (2023: 2.39 billion photos) in the reporting year. During the past Christmas season, many product and software innovations – such as the panorama page in the CEWE PHOTOBOOK, the photo domino, the large photo puzzle with up to 2,000 pieces and many other new photo gifts, the new editor in the ordering software or the new ID photo app – further strengthened the Christmas business.
All information on the 2024 financial year is based on preliminary, unaudited data. The complete, audited annual financial statements for 2024 with details of the results by business segment and the planning for 2025 will be presented at the annual press and analysts' conference on March 27, 2025.
Full-year 2024 year-on-year and target comparison (preliminary figures)
Fourth quarter 2024 (preliminary figures)
Percentage differences are always calculated with the exact values.
* without taking into account the (revenue-increasing but earnings-neutral) conversion of a retail partner supplied by CEWE to commission-based settlement
Internet: cewe-group.com , cewe.de , pixum.de , deindesign.de , whitewall.com , cheerz.com , saxoprint.de, viaprinto.de , laser-line.de
Financial schedule (insofar as already scheduled)
27.03.2025 CEWE Annual Press and Analyst Conference 2025 27.03.2025 Publication Annual Report 2024 15.05.2025 Publication of Q1 2025 Interim Statement 04.06.2025 CEWE Annual General Meeting 2025, Weser-Ems-Halle Oldenburg 12.06.2025 Warburg Highlights Conference, Hamburg 14.08.2025 Publication of H1 2025 Interim Report 27.08.2025 Montega Conference HIT, Hamburg 23.09.2025 Berenberg & Goldman Sachs German Corporate Conference 2025, Munich 24.09.2025 Baader Investment Conference 2025, Munich 13.11.2025 Publication Q3 2025 Interim Statement 24.11.2025 Deutsches Eigenkapitalforum 2025, Frankfurt
About CEWE: The CEWE Group is Europe's leading photo service and online printing supplier. From its beginnings in 1912, CEWE has progressed to become the leading photo service company for all those wanting to make more of their photos. This is mainly due to the much-awarded CEWE PHOTOBOOK, with about six million books being sold each year. Customers can purchase other personalised photo products under the brand names of CEWE, Cheerz, DeinDesign, Pixum and WhiteWall – and from many leading retailers in Europe. They are inspired to produce a variety of creative designs from their personal photos in these brand environments, entrusting the company with more than 2 billion photos every year. The CEWE Group has also set up a highly efficient production system for advertising prints and business prints for the online printing market. Every year billions of high-quality printed products are delivered reliably to their purchasers through the SAXOPRINT, LASERLINE and viaprinto sales platforms. The CEWE Group, through the founder family of Neumüller as an anchor shareholder, focuses on sustainable corporate management and has already received many awards for this effort: economically sustainable in the long term; cooperative and fair in dealings with customers, employees and suppliers; socially responsible and protective of the environment and resources. The CEWE Group has a staff of 4,000 employees and operates in 21 countries. CEWE is listed on the SDAX. More information is available at company.cewe.de.
25.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| 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: | 2090729 |
| End of News | EQS News Service |
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2090729 25.02.2025 CET/CEST
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