CeWe Color with considerable profit increases

CeWe Color Holding AG / Final Results Ad-hoc-Announcement according to § 15 WpHG transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- CeWe Color with considerable profit increases Oldenburg, February 21, 2006 – For CeWe Color Holding AG (SDAX; ISIN DE 0005403901) the business year of 2005 was a good year. What is particularly gratifying is the fact that the group was able to generate increases in profits from enhanced productivity. With earnings before tax (EBT) at Euro 25.5 million (+ 79.7 %), earnings after tax at Euro 11.5 million (+ 883.9 %) and cash flow of Euro 51.4 million, the group achieved considerable increases in 2005. CeWe Color achieved a 2005 growth in turnover of 0.6 %, to Euro 431.1 million. CeWe Color increased its sales of digital photos by 63.2 %, to 829.8 million prints. The Internet and the order terminals (DigiFoto-Makers) installed in stores are still proving to be growth promoters when it comes to digital photos. For CeWe Color, a decline on the market of around 30 % for film rolls (acc. to GfK) only resulted in a decline in the number of photos from film rolls of 13.9 %, to 2.604 billion prints. CeWe Color produced a total of 3.434 billion colour prints (- 2.8 %). In the business year of 2005 Euro 36.2 million (previous year: Euro 37.2 million) were invested in infrastructure for the purpose of enhancing procedures and increasing productivity. Investments will be reduced to Euro 28.0 million for 2006 since capacities have already been expanded as required. Depreciation was reduced by 10 % in 2005, from Euro 44.3 million to Euro 39.9 million, of which Euro 4.8 million was for depreciation on goodwill. A decision on a dividend payout will be taken on March 15, 2006. It is assumed that the payout will be much higher than that of last year (Euro 0.60). CeWe Color hence continues to be a lucrative investment. 2006 will be another year of adapting to shifts in technology from conventional to digital photography as well as to market shifts. The company will be enhancing product development and marketing efforts in order to attract consumers' attention to CeWe products. In addition capacities will be adjusted and costs will be reduced in various areas of business. Profitability programs for products, services and supplies to customers are to be implemented to offset a decline in profits generated by photos developed from films. The Board of Management of CeWe Color Holding AG is targeting the following results for turnover, sales and profits in 2006: - Colour prints Conventional 1.90 billion prints - 25.0 % Digital 1.15 billion prints + 40.0 % Total 3.05 billion prints - 12.5 % - Sales Euro 385 million - 10.7 % - Profits Cash Flow Euro 45 million - 15.0 % EBT Euro 21 million - 16.0 % After tax Euro 10 million - 15.0 % - Capital expenditure Euro 28 million - 25.0 % Should you have any queires, please: CeWe Color Holding AG, Hella Hahm, Tel.: 0441 / 404 – 400 (Secr. – 234) or 0171 / 34 50 530, Fax: 0441 / 404 – 421, Email: hella.hahm@cewecolor.de, Internet: www.cewecolor.com DGAP 21.02.2006 ---------------------------------------------------------------------- language: English emitter: CeWe Color Holding AG Meerweg 30-32 26133 Oldenburg Deutschland phone: +49 (0)441 40 4-1 fax: +49 (0)441 40 4-42 1 email: info@cewecolor.de WWW: www.cewecolor.de ISIN: DE0005403901 WKN: 540390 indexes: SDAX stockmarkets: Geregelter Markt in Berlin-Bremen, Frankfurt; Freiverkehr in Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------