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CEWE: Sales and earnings further increased, targets achieved (preliminary results) Earnings reports News 

CEWE: Sales and earnings further increased, targets achieved (preliminary results)

GaryPageau ,
According to preliminary, as yet unaudited figures, CEWE Stiftung & Co. KGaA concluded the 2024 financial year with a significant increase in sales and earnings: Group sales increased by +6.7% to EUR 832.8 million (2023: EUR 780.2 million). CEWE thus exceeded its own target for 2024 of up to EUR 820 million in sales. The CEWE Group’s operating result (EBIT) rose... Read More
CEWE reports increase in nine-month earnings, 2024 targets confirmed Earnings reports News 

CEWE reports increase in nine-month earnings, 2024 targets confirmed

GaryPageau ,
CEWE Stiftung & Co. KGaA enters the all-important Christmas quarter with an increase in turnover and a lead in earnings. The company confirmed its annual targets for 2024: in the first nine months, CEWE increased group turnover by +6.3 % to 481.6 million euros (Q1-3 2023: 453.2 million euros) and at the same time improved group EBIT by +3.2 million... Read More
CEWE settles board disagreement with former chairman, no detail given New Products 

CEWE settles board disagreement with former chairman, no detail given

GaryPageau , ,
CEWE Stiftung & Co. KGaA has settled its year-long dispute with former board member and chairman of the board of trustees Dr. Rolf Hollander.  According to a tersely worded press release from the Neumüller CEWE Color Foundation: Differences of opinion in the committee now also formally ended The legal proceedings pending at the Oldenburg Regional Court between the Neumüller CEWE Color... Read More
CEWE is planning further turnover and earnings growth in 2024 Earnings reports News 

CEWE is planning further turnover and earnings growth in 2024

GaryPageau
CEWE Stiftung & Co. KGaA  presented the results for 2023 and the outlook for 2024 at the Annual Press and Analysts’ Conference. The company closed the 2023 financial year with a significant increase in turnover and earnings: Group turnover, including futalis, which was sold in December 2023, increased by +6.5%, rising by €47.8 million to 788.8 million euros (2022: €741.0 million),... Read More
CEWE again significantly increases turnover and earnings in 2023 Earnings reports News 

CEWE again significantly increases turnover and earnings in 2023

GaryPageau
CEWE Stiftung & Co. KGaA closed the 2023 financial year with a significant increase in turnover and earnings according to preliminary, unaudited figures: Group turnover, including pet-food maker futalis, which was sold in December 2023, increased by +6.5% to 788.8 million euros (2022: 741.0 million euros), while the CEWE Group’s operating result (EBIT) calculated in this way rose to 81.6... Read More
CEWE extends contracts of four management board members News People on the Move 

CEWE extends contracts of four management board members

GaryPageau
CeWe Stiftung & Co. extended the contracts of four long-standing management board members that were due to expire this year. There are seven total board members. The extensions were granted to Patrick Berkhouwer, in charge of international and expansion matters; Carsten Heitkamp, responsible for production, purchasing, customer service, and logistics; Olaf Holzkaemper, chief financial officer; and Thomas Mehls, in charge... Read More
Manager magazin looks at CEWE board turmoil News People on the Move 

Manager magazin looks at CEWE board turmoil

GaryPageau ,
Germany’s Manager Magazin did a long retrospective on the years-long boardroom drama at CEWE Color that lead to the departure of two top executives, Christian Friege and Rolf Hollander. The German-language article is available here (subscription required). Writer Dietmar Palan does a comprehensive history of the company’s unusual ownership structure – where the publicly held CEWE is primarily governed by... Read More
Dr. Rolf Hollander extended as CEWE chairman of the Board of Trustees News People on the Move 

Dr. Rolf Hollander extended as CEWE chairman of the Board of Trustees

GaryPageau ,
The Board of Trustees of the Neumüller CEWE COLOR Stiftung announced it extended Dr. Rolf Hollander‘s term of office as a member and in his function as Chairman of the Board of Trustees for a further four years at its meeting on Nov. 29, 2022. The Board of Management of the Neumüller CEWE COLOR Stiftung is having legal concerns examined... Read More