CEWE Confirms 2025 Targets with Strong Q1 Performance

CEWE Stiftung & Co. KGaA reports a strong start to 2025, confirming its financial targets for the year. The group turnover increased by 4.8% to EUR 173.4 million in Q1, setting a new high for the first quarter. The CEWE PHOTOBOOK showed significant growth, with sales rising 5.1% to 1.3 million copies, reinforcing its market-leading position in Europe.

The group's EBIT aligned with expectations at EUR 6.1 million. The timing of Easter affected Q1 margins this year. CEWE's innovative efforts were recognized with six TIPA World Awards for various products, highlighting the company's strengths.

The photofinishing sector saw a 5.3% rise in turnover to EUR 144.8 million. The commercial online print sector benefitted from cost efficiencies, increasing turnover by 3.0% to EUR 21.9 million. Retail turnover saw a slight increase, asserting its stable market position.

The equity ratio improved to 68.2%, with ROCE at 17.6%. Management remains confident in achieving the 2025 targets, forecasting turnover up to EUR 865 million and EBIT up to EUR 92 million.