CEWE COLOR is
CEWE COLOR is
CEWE COLOR is
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Advantages of family-run, stock-exchange l<strong>is</strong>ted companies<br />
Family enterpr<strong>is</strong>e<br />
Stockexchange<br />
l<strong>is</strong>ted<br />
company<br />
+<br />
+<br />
+<br />
+<br />
+<br />
+<br />
+<br />
+<br />
Advantages<br />
Less short-term quarterly mindset obliges<br />
Focus on a few core areas ...<br />
... in which the management <strong>is</strong> an expert<br />
No principal-agent problems<br />
mainly organic growth, only minor<br />
acqu<strong>is</strong>itions<br />
Sound financing<br />
Transparent information policy<br />
Focus on earnings<br />
Situation at <strong>CEWE</strong> <strong>COLOR</strong><br />
Large-scale investment in digital technology in<br />
order to secure the future of the company<br />
Photofin<strong>is</strong>hing as the core area of business<br />
New area with positive synergies<br />
Anchor persons in the management have shaped<br />
the development of the industry for many years<br />
Board of Management and Superv<strong>is</strong>ory Board<br />
with large share ownership<br />
Only small "digestible" acqu<strong>is</strong>itions<br />
42 % equity capital ratio<br />
Comprehensive available credit lines<br />
Comprehensive IR activities<br />
Profit in each year of transformation<br />
► <strong>CEWE</strong> <strong>COLOR</strong> combines the advantages of stock-exchange l<strong>is</strong>ted<br />
companies and family enterpr<strong>is</strong>es<br />
Page 10<br />
�<br />
�<br />
�<br />
�<br />
�<br />
�<br />
�<br />
�