CEWE Stiftung & Co. KGaA, DE0005403901

CEWE Stiftung & Co. KGaA / DE0005403901

17.03.2025 - 16:55:07

CEWE Stiftung & Co. KGaA: CEWE plans 16th dividend increase in a row

EQS-Ad-hoc: CEWE Stiftung & Co. KGaA / Key word(s): Dividend
CEWE Stiftung & Co. KGaA: CEWE plans 16th dividend increase in a row

17-March-2025 / 16:55 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.


CEWE plans 16th dividend increase in a row Oldenburg, 17 March 2025. The Board of Management of CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE0005403901) resolved in its meeting of today to propose to the Supervisory Board, on the basis of the preliminary unaudited figures for the 2024 financial year, to raise the dividend to 2.85 euros per eligible share (dividend for the 2023 financial year: 2.60 euros). CEWE has concluded the business year 2024 once again with a strong result: According to preliminary calculations, reported Group turnover increases by 6.7 % to 832.8 million euros (turnover 2023: 780.2 million euros), reported Group EBIT rises to 86.1 million euros (EBIT 2023: 83.9 million euros). The proposal for the appropriation of profits is to be submitted to the Annual General Meeting for approval following the adoption of the audited annual financial statements. Subject to the approval of the Supervisory Board in its meeting on the financial statements on 21 March 2025 and of the shareholders at the Annual General Meeting on 4 June 2025, the dividend now proposed at 2.85 euros a share is equivalent to a dividend yield of 2.8 % based on the year-end share price 2024 of 103.40 euros.  This is the 16th dividend increase in a row and marks a new high. CEWE will be presenting the complete, audited annual financial statements at the Annual Press and Analysts' Conference on March 27, 2025.   Notifier: Axel Weber, Head of Investor Relations, CEWE Stiftung & Co. KGaA  


End of Inside Information

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Language: English
Company: CEWE Stiftung & Co. KGaA
Meerweg 30-32
26133 Oldenburg
Germany
Phone: +49 (0)441 40 4-1
Fax: +49 (0)441 40 4-42 1
E-mail: IR@cewe.de
Internet: www.cewe.de
ISIN: DE0005403901
WKN: 540390
Indices: SDAX
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2101836

 
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2101836  17-March-2025 CET/CEST
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