CEWE Records Significant Profit Rise Following Division Sale

CEWE Stiftung & Co. KGaA has announced an after-tax profit of 25.2 million euros, attributed to the successful sale of its Commercial Online-Print division completed in Q3 2026. This transaction aligns with CEWE's strategy to focus on profitability and its core Photofinishing business. The group's turnover increased by 2.4% to 451.6 million euros in the first nine months.

Operating EBIT for Q1-3 was 2.4 million euros, impacted by 6.1 million euros in transaction costs from the Kodak Moments acquisition and 2.3 million euros for SAP S/4HANA implementation. Despite these costs, Q3 positions CEWE for a robust Christmas season, supported by new product innovations and a marketing push.

Photofinishing turnover rose by 3.0%, with CEWE PHOTOBOOK sales increasing by 1.9%. Overall group revenue for 2026 is anticipated to grow by up to 4%, projecting 780 to 810 million euros. CEWE's equity ratio improved to 69.8%, and despite acquisition costs, ROCE remains strong at 15.3%.