Brief: CEWE Outlook 2023 EBIT At EUR 82 Mln

CEWE Stiftung & Co KGaA

30/03/2023 06:05

March 30 (Reuters) - CEWE STIFTUNG & CO KGAA  CWCG.DE :
    * CEWE IS PLANNING ANOTHER INCREASE IN TURNOVER AND EARNINGS
IN
2023
    * OUTLOOK 2023: TURNOVER EXPECTED TO INCREASE TO UP TO 780
MILLION
EUROS
    * OUTLOOK 2023: EBIT TO RISE FURTHER TO UP TO 82 MILLION
EUROS
    * GROUP TURNOVER IS EXPECTED TO REACH A VALUE IN RANGE OF
720 TO
780 MILLION EUROS IN 2023
    * OUTLOOK 2023: GROUP EBIT IS EXPECTED TO BE IN CORRIDOR OF
70 TO
82 MILLION EUROS
    * OUTLOOK 2023: EBT BETWEEN 69 AND 81 MILLION EUROS
    * OUTLOOK 2023: AFTER-TAX EARNINGS BETWEEN 47 AND 55 MILLION
EUROS
    * RANGES OF TARGETS FOR BUSINESS YEAR 2023 ARE ABOUT
EXPECTED
DIMENSIONS AND REFLECT UNCERTAINTIES CURRENTLY RESULTING FROM
INFLATION-RELATED INCREASE IN COST OF SALES AND ITS POTENTIAL
EFFECTS ON DEVELOPMENT OF CEWE'S BUSINESS
    * AT PRESENT, PERSISTENTLY HIGH INFLATION HAS NO INFLUENCE
ON
ORDERING BEHAVIOR OF CUSTOMERS AND THUS ON DEVELOPMENT OF CEWE'S
TURNOVER

Source text for Eikon:  ID:nEQ11755Za 
Further company coverage:  CWCG.DE 

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