The photo service provider Cewe increased sales and earnings last year thanks to the Christmas business. Based on preliminary figures, group sales climbed by 6.5 percent to 788.8 million euros, as the SDax company announced on Wednesday in Oldenburg. In particular, the commercial online printing service and revised branch structures in retail have also significantly improved profitability. Accordingly, operating earnings before interest and taxes (EBIT) rose by 7.9 percent to 81.6 million euros. The figures still include Futalis, which was sold in December 2023.
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