Germany's CEWE 2025 revenue slightly beats estimates

CEWE Stiftung & Co KGaA

24/02/2026 06:12

Overview

Germany photo service's 2025 revenue slightly beat analyst expectations, rising 3.8%

Preliminary group EBIT for 2025 rose to €88.2 mln

Strong Christmas sales boosted Q4 turnover, up 2.6% to €360.8 mln

Outlook

CEWE did not provide specific guidance for 2026

Result Drivers

CHRISTMAS SALES - Strong Christmas demand boosted Q4 turnover by 2.6%, contributing significantly to annual success

PRODUCT INNOVATIONS - New product and software innovations strengthened Christmas sales, enhancing overall revenue

PRODUCTION EFFICIENCY - Efficiency gains in production and new technologies supported strong year-end earnings growth

Company press release: ID:nEQ6sxzjRa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Beat*
EUR 864.50 mln
EUR 862.37 mln (6 Analysts)
FY EBIT
EUR 88.20 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commercial printing services peer group is "buy."

Wall Street's median 12-month price target for Cewe Stiftung & Co KGaA is €141.50, about 38.7% above its February 23 closing price of €102.00

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)