CEWE COLOR is

EBIT before restructuring by quarter
Seasonal distribution: CEWE 2007 to 2011
EBIT share before restructuring per quarter as a percentage
2007 2008 2009 2010 2011
-15.4% -17.8% -19.8% -18.2% -17.3%
14.8% 15.1%
7.6% 6.0% 2.3%
2007 2008 2009 2010 2011
► EBIT expectations for Q4 achieved
80.6%
65.7%
► Again very pronounced seasonal shift on EBIT-level
Rounding differences might occur
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56.6%
40.5%
29.6%
2007 2008 2009 2010 2011
20.0%
37.0%
55.6%
71.7%
85.5%
2007 2008 2009 2010 2011
Q1 Q2 Q3 Q4