DGAP-News: CEWE Stiftung & Co. KGaA / Key word(s): AGM/EGM CEWE with sixth consecutive dividend increase 03.06.2015 / 14:30 --------------------------------------------------------------------- CEWE with sixth consecutive dividend increase - Dividend rises to EUR 1.55 per share - Dividend yield at 3.0 % - Dividend payout rate increases to around 54 % - Dr. Hollander: "CEWE is a high-yield, sound growth share." - Shareholders achieve a 24.1 % total return for 2014. - New CEWE MYPHOTOS service launched Oldenburg, 3 June 2015. The regular Annual General Meeting of CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) approved all the agenda items proposed by the management in Oldenburg today. The attendance rate was 60.7 %. The dividend rise is 5 eurocents a share, to 1.55 euros per share - the sixth dividend increase in succession. On the basis of the closing price on 30 December 2014 (51.51 euros), the dividend yield is 3.0 % and the payout rate approx. 54 %. Calculated on the basis of the increased price of 56.29 euros since this date (closing price on 2 June 2015), the dividend yield is 2.8 %. Steady increase in dividends, sound capital ratio and growth in attractive markets "Our target direction is clear: We want to consistently increase our dividend in absolute terms, guarantee solid financing and a sound capital ratio and in particular, grow profitably in attractive business segments. CEWE is a high-yield, sound growth share. In this context, the number of long-term investors with precisely these expectations and showing an interest in CEWE has increased every year. Shareholders and companies have benefited from this approach," explained Dr. Rolf Hollander, Chairman of the Board of Management of CEWE Stiftung & Co. KGaA, at the Annual General Meeting. It was mainly the strong demand for the CEWE PHOTO BOOK and the other CEWE brand products - CEWE CALENDARS, CEWE CARDS and CEWE WALL PICTURES - which again contributed to the positive development in business year of 2014: "Photo products are highly popular as gifts because they are always individual, personal and self-made," says Dr.Hollander. As its latest innovation, CEWE presented the new CEWE MYPHOTOS service to those present at the Annual General Meeting. Photos can be safely stored on PCs, tablets and smartphones with this service, irrespective of the operating system, making them accessible at any place at any time. The most beautiful moments in life are thus securely saved according to German data protection legislation at only one location. Shareholders achieve a 24.1 % total return for the business year of 2014 The CEWE share increased by 8.76 euros to 51.51 euros (+ 20.5 %) in the business year of 2014. This means that in 2014, the CEWE share developed far better than the DAX, which only increased by 2.7 % in the same period. On the inclusion of the dividend now resolved for the 2014 business year in the amount of 1.55 euros per share, the total return for CEWE shareholders amounted to 24.1 % for 2014. 2015 targets: earning power and dividends to continue to increase In the Annual General Meeting, the Board of Management confirmed its aim of continuing to increase income and dividends in the current business year. In 2015, the Group turnover for all the business segments is to lie in the range of 515 million to 535 million euros (2014: 523.8 million euros). While the Board of Management expects sales to be just about stable in the high-margin sector of photofinishing, the potential decline in retail business sales is to be more than offset if possible by an expected rise in turnover generated with commercial online printing. After 70.5 million euros in 2014 (+ 17.8 %), the management believes that commercial online printing turnover can be increased to around 80 million euros in 2015. CEWE continues to maintain its target of generating a positive contribution to income in this new business segment from 2016 on. The target corridors for operative earnings show a considerable increase over the earning achieved in 2014: the EBIT is to be in a target corridor of 32 million to 38 million euros (2014: 32.6 million euros), the EBT in a target corridor of 30 million to 36 million euros (2014: 31.5 million euros) and earnings after tax are to be between 20 million and 24 million euros (2014: 21.4 million euros). Earnings per share are to be in the range of 2.87 to 3.45 euros (2014: (3.07 euros per share). At the same time the management is confirming its aim of consistently raising dividends in the coming years. Should you have any queries, please contact: CEWE Stiftung & Co. KGaA, Axel Weber (Investor Relations) Tel.: 0441 / 404 - 2288, Fax: 0441 / 404 - 421, Email: [email protected] Internet: cewe-photobook.com , cewe.de , cewe-fotobuch.de , cewe-print.de , viaprinto.de , saxoprint.de The CEWE apps are all available in the app stores: CEWE PHOTO WORLD, CEWE POSTCARD, CEWE SERVICE and other photo apps, and the CEWE Investor Relations app for iPad(c) or android tablets, with annual reports and quarterly reports, presentations and sustainability reports. Financial schedule: 11 August 2015 Publication of the 2015 H1 half-year financial report 12 November 2015 Publication of the Q3 2015 interim report About CEWE: The innovative photo and online print service company CEWE, with 11 highly-technical production operations and a staff of around 3,200 employees in 24 European countries, is both market and technological leader. In 2014 CEWE delivered around 2.3 billion prints, 5.9 million copies of the CEWE PHOTO BOOK and photo gift articles to around 30,000 retail partners to generate consolidated turnover of 523.8 million euros. CEWE is continuously generating new impulses in the photographic industry with innovations for people who enjoy taking photos. In the new business segment of commercial online printing, printed material for businesses is marketed through the sales platforms CEWE-PRINT.de, Saxoprint und Viaprinto. In 1961 CEWE was founded by Senator h. c. Heinz Neumüller. The company went public under the leadership of Hubert Rothärmel in 1993. CEWE Stiftung & Co. KGaA is listed on the SDAX. --------------------------------------------------------------------- 03.06.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 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: [email protected] 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 End of News DGAP News-Service --------------------------------------------------------------------- 365097 03.06.2015