DGAP-News: CEWE Stiftung & Co. KGaA / Key word(s): AGM/EGM
CEWE: eleventh consecutive dividend increase
- Annual General Meeting decides on a rise in dividends to EUR 2.00 per share
- On the basis of the current share price, shareholders earn a dividend yield of 2.2 %
- In spite of the coronavirus crisis: sales and earnings increase in the first half of the year
Oldenburg, 06 October 2020. The regular Annual General Meeting of CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901), held online for the first time ever due to the coronavirus, approved all the proposed items on the agenda. The dividend is to increase by 5 eurocents a share, to 2.00 euros. This means that, in spite of the coronavirus crisis, shareholders in the company are benefiting from the eleventh consecutive dividend increase, with a dividend yield of 2.2 % on the basis of the current share price (92,30 Euro, XETRA, 6.10.2020, 2:50 p.m.). "Our sustained growth and our extremely sound financial situation enable us to pay another increased dividend even in the face of these difficult pandemic times," says CEWE CEO Dr. Christian Friege.
First half of the year better than the same period of the previous year in spite of the coronavirus crisis
CEWE honoured with the "Axia Best Managed Companies Award"
The CEWE apps are all available in the app stores. The CEWE Investor Relations app for your iPad(c) or your Android tablet makes clear, up-to-date versions of all our annual reports, quarterly reports and sustainability reports available.
12.11.2020 Publication of the 2020 Q3 interim communication
From its beginnings in 1912, CEWE has progressed to become the leading photo service company for all those wanting to make more of their photos. This is mainly due to the much-awarded CEWE PHOTOBOOK, with more than six million books being sold each year. Customers can purchase other personalised photo products under the brand names of CEWE, WhiteWall and Cheerz - and from many leading retailers in Europe. In terms of their personal photos, they are inspired to produce a variety of creative designs and they entrust the company with around 2.4 billion photos every year.
The CEWE Group has also set up a highly efficient production system for the online printing market, which is still new. Every year billions of high-quality printed products are delivered reliably to their purchasers through the SAXOPRINT, LASERLINE and viaprinto sales platforms.
The CEWE Group, through the founder family of Neumüller as an anchor shareholder, focuses on sustainable corporate management and has already received many awards for this effort: economically sustainable in the long term; cooperative and fair in dealings with customers, employees and suppliers; socially responsible and protective of the environment and resources. An example of this is the climate-neutral process used to produce all the CEWE brand-name products.
The CEWE Group has a staff of more than 3,800 and operates in more than 20 countries. Group sales rose to 714.9 million euros in 2019. CEWE is listed on the SDAX.
More information is available at company.cewe.de.
06.10.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
CEWE Stiftung & Co. KGaA
+49 (0)441 40 4-1
+49 (0)441 40 4-42 1
Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:
End of News
DGAP News Service