on CEWE Stiftung & Co. KGaA (ETR:CWC)
CEWE Confirms 2026 Targets Following Strong Q1 Performance
CEWE Stiftung & Co. KGaA has affirmed its 2026 annual targets after reporting a 1.4% increase in group turnover, reaching €175.8 million in Q1 2026. Sales of the CEWE PHOTOBOOK rose by 2.2% to 1.33 million copies, reinforcing its leading market position.
Group EBIT, at €5.6 million, remains consistent with the forecast, despite increased personnel costs due to the 2025 tariff agreement. The company earned recognition with four TIPA World Awards, underscoring its innovation in photofinishing.
CEWE announced the sale of its Commercial Online-Print unit to Cimpress, shifting focus solely to photofinishing. The transaction aims to boost profitability, with the pro forma Group EBIT margin projected to rise to 11.2%.
This strategic move will allow CEWE to direct resources towards expanding its photofinishing business through technology, efficiency, and brand enhancements.
R. H.
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