Brief: Cewe FY EBIT Up At EUR 79.7 Million

CEWE Stiftung & Co KGaA

25/03/2021 06:15

March 25 (Reuters) - CEWE STIFTUNG & CO KGAA  CWCG.DE :
    * FY TURNOVER ROSE TO 727.3 MILLION EUROS (2019: 720.4
MILLION
EUROS
    * FY OPERATIVE EARNINGS (EBIT) IMPROVED CONSIDERABLY ABOVE
AVERAGE, BY MORE THAN 40% TO 79.7 MILLION EUROS (2019: 56.8
MILLION EUROS).
    * PROPOSE TO SHAREHOLDERS A TWELFTH CONSECUTIVE DIVIDEND
INCREASE
TO 2.30 EUROS PER SHARE
    * 2021 OUTLOOK: EBIT EXPECTED TO BE IN RANGE OF 72 TO 84
MILLION
EUROS
    * GROUP TURNOVER IN 2021 IS TO ACHIEVE A FIGURE IN RANGE OF
710 TO
770 MILLION EUROS. GROUP EBIT IS EXPECTED TO BE IN A CORRIDOR OF
72 MILLION TO
    * GROUP EBIT IS EXPECTED TO BE IN A CORRIDOR OF 72 MILLION
TO 84
MILLION EUROS IN 2021
    * 2021 EBT IS TO BE IN RANGE OF 70 TO 82 MILLION EUROS, AND
EARNINGS AFTER TAX BETWEEN 48 MILLION AND 56 MILLION EUROS

Source text for Eikon:  ID:nEQs10Fca 
Further company coverage:  CWCG.DE 

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