Brief: CEWE: Q3 Turnover Up At EUR 151.4 Mln

CEWE Stiftung & Co KGaA

11/11/2022 06:03

Nov 11 (Reuters) - CEWE  CWCG.DE :
    * IN Q3 WITH STRONG GROWTH AND SIGNIFICANTLY IMPROVED RESULT
    * Q3 REVENUE ROSE 14.3 PERCENT TO 151.4 MILLION EUR
    * Q3 TURNOVER UP 14.3% TO 151.4 MILLION EUROS, EBIT IMPROVES
BY A
STRONG 3.1 MILLION EUROS
    * OUTLOOK FOR 2022 CONFIRMED: CEWE PERFECTLY POSITIONED FOR
CHRISTMAS BUSINESS
    * Q3 PHOTO BOOK SALES SIGNIFICANTLY INCREASED BY 12.9%
    * Q2 SALES ALSO GREW, WITH CEWE CUSTOMERS PURCHASING A TOTAL
OF
1.229 MILLION BOOKS - A MARKED INCREASE OF 12.9%
    * EBIT IN BUSINESS SEGMENT OF PHOTOFINISHING ALSO GREW
STRONGLY IN
Q3, INCREASING BY 3.2 MILLION EUROS TO 1.1 MILLION EUROS, THUS
CONTRIBUTING CONSIDERABLY TO A POSITIVE GROUP EBIT
    * AS OF 30 SEPTEMBER 2022, EQUITY RATIO, AT 58.6%, CONTINUES
TO
RISE (30.9.2021: 57.3%)

Source text for Eikon:  ID:nEQ2CRqNVa 
Further company coverage:  CWCG.DE 
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