Cewe Stiftung & Co KGaA
SWB:CWC
Cewe Stiftung & Co KGaA
CEWE Stiftung & Co. KGaA engages in the provision of online printing and photofinishing services. The company is headquartered in Oldenburg, Niedersachsen and currently employs 4,194 full-time employees. The company went IPO on 2013-10-02. The firm provides photofinishing and online print services. Cewe Stiftung & Co KGaA supplies both the over-the-counter trade and the Internet trade with photos and digital products. The Company’s activities are divided into three segments. The Photofinishing unit produces and sells photo products. The Proprietary Retail unit trades photo hardware and photo products to end consumers through various brands, such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates though online printing portals, such as www.cewe-print.de and others. In addition, the Company sells its own products and photographic hardware, such as cameras. The company owns production plants in Poland, Germany and France, among others, as well as distribution branches in Norway, Sweden and Belgium, among others.
CEWE Stiftung & Co. KGaA engages in the provision of online printing and photofinishing services. The company is headquartered in Oldenburg, Niedersachsen and currently employs 4,194 full-time employees. The company went IPO on 2013-10-02. The firm provides photofinishing and online print services. Cewe Stiftung & Co KGaA supplies both the over-the-counter trade and the Internet trade with photos and digital products. The Company’s activities are divided into three segments. The Photofinishing unit produces and sells photo products. The Proprietary Retail unit trades photo hardware and photo products to end consumers through various brands, such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates though online printing portals, such as www.cewe-print.de and others. In addition, the Company sells its own products and photographic hardware, such as cameras. The company owns production plants in Poland, Germany and France, among others, as well as distribution branches in Norway, Sweden and Belgium, among others.
Revenue Growth: CEWE Group reported Q3 group turnover up by more than 6%, which was slightly above expectations, and nearly 5% growth year-to-date.
Volume Driven: Growth in Q3 was primarily driven by higher sales volumes rather than price increases, especially in photofinishing and CEWE Photobook products.
Profitability: Q3 EBIT was somewhat below last year, but remained within management’s expectations; cost pressures persisted, though they eased versus Q2.
Christmas Readiness: The company is well prepared for the crucial Q4 holiday season, with operational and product initiatives in place, and expects strong operating leverage.
Guidance Reaffirmed: Annual revenue and EBIT targets for 2025 are confirmed, with management expressing optimism about hitting the upper end of guidance.
