Brief: Cewe Reports Q2 Turnover Increases 13.1% Versus Same Quarter Of Previous Year, To 132.0 Million Euros

CEWE Stiftung & Co KGaA

09/08/2022 06:06

Aug 9 (Reuters) - Cewe Stiftung & Co KGaA  CWCG.DE :
    * Q2 TURNOVER INCREASES 13.1% VERSUS SAME QUARTER OF
PREVIOUS
YEAR, TO 132.0 MILLION EUROS
    * Q2 EBIT IMPROVES BY 2.1 MILLION EUROS
    * OUTLOOK FOR 2022 CONFIRMED: CEWE EXPECTS CONTINUING RISE
IN
HOLIDAY TRAVEL TO STIMULATE PHOTO ORDERS AT CHRISTMAS TIME AS
WELL
    * COMPANY ALSO IMPROVED ITS Q2 EBIT BY 2.1 MILLION EUROS TO
-4.3
MILLION EUROS VERSUS Q2 2021 EBIT -6.4 MILLION EUROS
    * COMPANY IMPROVED ITS EBIT BY 2.1 MILLION EUROS TO -4.3
MILLION
EUROS IN Q2 (Q2 2021 EBIT: -6.4 MILLION EUROS)
    * IN FIRST FULL HALF-YEAR PERIOD OF 2022, CEWE ACHIEVED
TURNOVER
OF 270.9 MILLION EUROS VERSUS 262.6 MILLION EUROS IN H1 2021
    * H1 2022 EBIT AT -2.2 MILLION EUROS VERSUS HY 2021 AT 2.1
MILLION
EUROS

Source text for Eikon:  ID:nEQ34YGvMa 
Further company coverage:  CWCG.DE 

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