CEWE Stiftung & Co. KGaA Reports Earnings Results for the Fourth Quarter and Full Year 2019; Provides Earnings Guidance for the Year 2020
For the year, the company reported turnover of 714.9 million against 649.3 million a year ago. EBIT was 57.8 million against 55.7 million a year ago. Earnings after tax was 31.8 million against 36.3 million a year ago.
For the year 2020, the company expects before corona, turnover to be 725 million to 755 million, EBIT to be 58 million to 64 million, earnings after tax of 38 million to 43 million and earnings per share of 5.34 to 5.90. After Impact of the corona crisis the company expected negative.