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CEWE FY24 Operating Result Rises; Group Revenue Up 6.7%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

CEWE Stiftung & Co. KGaA reported that its fiscal 2024 earnings before tax declined to 86.9 million euros from 87.9 million euros, last year. Operating result or EBIT was 86.1 million euros compared to 83.9 million euros. EBIT before special effects increased to 92.3 million euros from 88.0 million euros, last year. Group revenue increased by 6.7% to 832.8 million euros.

For 2025, the Group expects turnover to increase by up to 4% and is planned in the range of 835 million euros to 865 million euros. EBIT is expected to range between 84 and 92 million euros, earnings before tax between 83.5 and 91.5 million euros and after-tax earnings between 58 and 63 million euros.

The dividend for fiscal 2024 is set to rise to 2.85 euros per share - an increase of 9.6%.

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