CEWE Stiftung & Co. KGaA — Earnings Release 2002

Jan 15, 2003

News Details

Ad-hoc | 15 January 2003 08:35

CeWe Color Holding AG english

CeWe Color: Turnover with Digital Cameras 60 % beyond Plan Ad-hoc-announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– CeWe Color: Turnover with Digital Cameras 60 % beyond Plan Oldenburg, January 15, 2003 – Digital cameras have been the fast seller at Christmas 2002. The record sales volume of digital cameras have triggered a boom at the photo retail market in general, but especially at the photo and imaging service provider CeWe Color (SDAX; ISIN DE0005403901; WKN 540390). CeWe Color’s turnover with digital products are 60 % beyond plan. In December 2002, CeWe Color could realize 8.3 % of its turnover (compared to December 2001: 3.0 %) with digital products and services. Still in summer 2002, the Board of Management of CeWe Color planned a portion of 5.0 % of the digital turnover. In December, 5.6 million digital photos have been delivered by CeWe Color to the photo retailers in Europe which corresponds to a growth rate of more than 370 % compared to the same reporting month of previous year thus outnumbering the seasonal peak (August) by 1.1 million pieces. Unexpected high increase in the production of digital photos in all areas The sales development of digital products and services in December confirms the forward-looking group strategy of CeWe Color. The number of digital photos ordered via internet (online photo service) climbed in December by 380 % from 538,000 pieces to 2.6 million pieces. A similar increase can be realized with photos which has been sold across the counter of the retailers supplied by CeWe Color. In the month of December alone, 3.0 million digital photos have been exposed which answers to an increase of 370 % compared to the same reporting month of previous year. Everyone who is taking pictures by means of a minicam and a film can participate in the digital world. In addition to the film development it is possible to have all picture data burned on a CD Rom. Under the name of “Image CD”, 2.6 million picture-CD’s have been sold in the year 2002 (+ 77 % compared to previous year). This special service added 3.2% to all film developing orders. In all European countries a fortunate increase in turnover of digital products can be realized CeWe Color achieved the most important portion of turnover with digital products and services in Switzerland (17.1 %) Denmark (14.6 %), Germany (9.0 %) and the Netherlands (8.6 %). But the middle eastern European countries as well can keep the field; the portion of digitial products in the Czech Republic e.g. amounts to 5.3 % and in Poland to 3.5 %. Increase in corporate planning: 12 % of the digital turnover in 2003 In the course of 2002, CeWe Color’s photolab group could raise the number of digital photos from 8.4 million pieces to 39.2 million pieces (+ 364 %). The Board of Management of CeWe Color is more than convinced that the group will achieve already in December 2003 12 % of its turnover with digital products and services. So far, the corporate planning targeted this portion of turnover of the newest profitable service for the end of 2004 only. Should you have any queries, please contact: CeWe Color Holding AG, Hella Meyer Tel.: 0441 / 404 – 400 or 0171 / 34 50 530, Fax: 0441 / 404 – 421 eMail: hella.meyer@cewecolor.de, Internet: http://www.cewecolor.de end of ad-hoc-announcement (c)DGAP 15.01.2003 ——————————————————————————– WKN: 540390; ISIN: DE0005403901; Index: SDax Listed: Geregelter Markt in Bremen und Frankfurt (SMAX); Freiverkehr in Berlin, Düsseldorf, Hamburg und Stuttgart 150835 Jän 03