May 11, 2022 / NTS GMT
Christian Friege - CEWE Stiftung & Co. KGaA - Chairman of Management Board & CEO
(technical difficulty)
from Christmas. There was a little bit of this Christmas scale effects in 2021 and we peaked at EUR 8.6 million in EBIT.
Now what we are seeing here is that our business is getting back to normal. We're not quite there yet, and I'll show that to you also as far as Q1 is concerned. But we are clearly getting back to normal. And we can tell you also why we think that getting back to real normal is in sight.
So what we see is if we compare ourselves to 2020 -- and you remember, corona actually hit us in March. Then we are a little bit better with EUR 2.1 million in EBIT. If we compare ourselves to 2019, it's EUR 200,000 better. So we are getting back to where we left off before COVID-19 hit us.
In photofinishing, we expected for this quarter a reduction in sales and in EBIT. And we reached EUR 2.5 million in EBIT and minus 10% in sales with EUR 112.6 million.
In commercial online print, and I'll show you the details, we actually good increase of turnover
Q1 2022 Cewe Stiftung & Co KGaA Earnings Call Transcript
May 11, 2022
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers