CEWE Confirms Annual Forecast with Strong Q2 Turnover

CEWE Stiftung & Co. KGaA reported a 3.1% increase in Q2 group turnover, amounting to EUR 156.0 million. The core Photofinishing business saw a 3.9% growth. Despite seasonal expectations of a negative EBIT, CEWE posted a EUR -4.0 million EBIT for Q2. The Commercial Online-Print segment struggled with a weak German market, impacting its turnover and earnings.

Photofinishing expanded by 3.9% in Q2 to EUR 127.3 million, while the Commercial Online-Print sector reported a turnover decrease of 4.3% to EUR 20.5 million. The retail business experienced a notable increase in turnover by 10.9% to EUR 8.1 million.

The equity ratio rose to 66.7%, with a robust ROCE of 17.1%. CEWE's management maintains its 2025 forecast, projecting group turnover between EUR 835 and 865 million.