CEWE COLOR Holding AG: Targets for 2012 achieved; dividend to rise slightly
CEWE COLOR Holding AG / Key word(s): Final Results/Results Forecast
26.02.2013 18:44
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CEWE COLOR Holding AG: Targets for 2012 achieved; dividend to rise slightly
Oldenburg, 26 February 2013. CEWE COLOR Holding AG (SDAX, ISIN:
DE0005403901) generated turnover amounting to EUR 503.3 million in the
business year of 2012 (2011: EUR 469.0 million). This means that CEWE COLOR
has also achieved its own target of sales of at least EUR 500 million.
EBIT amounted to EUR 28.9 million (target for 2012: EUR 27 to 33 million)
after EUR 30.1 million in the previous year. Earnings after tax rose by 1.3
percent to EUR 18.8 million. The Board of Management intends to propose a
slight dividend increase.
The Board of Management of CEWE COLOR Holding AG has resolved to propose a
change in the form of the company at the Annual General Meeting on 5 June
2013. The company would take on the legal form of a limited joint-stock
partnership. This change in form is also to involve the transfer of the
operative business conducted by CEWE COLOR AG & Co. OHG to the company.
This will eliminate a structural tax drawback, and enable a tax benefit of
a probable cash value of around EUR 10 million to be achieved in the coming
few years. The transaction still requires the approval of the bodies in
charge.
The information is all based on preliminary results which have not yet been
audited. CEWE COLOR will present full, audited annual financial statements
during an annual report and analysts' press conference to be held in
Frankfurt am Main on 27 March 2013.
Should you have any queries, please contact:
CEWE COLOR Holding AG, Axel Weber (Investor Relations)
Tel.: 0441 / 404 - 2288, Fax: 0441 / 404 - 421, e-mail: IR@cewecolor.de
26.02.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: CEWE COLOR Holding AG
Meerweg 30-32
26133 Oldenburg
Germany
Phone: +49 (0)441 40 4-1
Fax: +49 (0)441 40 4-42 1
E-mail: IR@cewecolor.de
Internet: www.cewecolor.de
ISIN: DE0005403901
WKN: 540390
Indices: SDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard);
Freiverkehr in Düsseldorf, Hamburg, Hannover, München,
Stuttgart
End of Announcement DGAP News-Service
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