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CEWE COLOR Holding AG - Deutsches Eigenkapitalforum

CEWE COLOR Holding AG - Deutsches Eigenkapitalforum

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Here is why you should invest in <strong>CEWE</strong> <strong>COLOR</strong><br />

1<br />

RReliable li bl Di Dividend id d<br />

Reduced extra burdens<br />

Growth<br />

Analogue to digital transition<br />

Mega trends as a growth driver:<br />

completed individualisation / personalisation<br />

2 3 4 5<br />

Profit grows*:<br />

No restructuring<br />

one-offs due to<br />

analogue / digital<br />

Cash Flow<br />

grows*:<br />

Reduced<br />

investment<br />

Growth in<br />

photofinishing<br />

with <strong>CEWE</strong><br />

PHOTOBOOKS,<br />

transformation volume photo calendars,<br />

greeting cards<br />

and other gifts<br />

* Ceteris paribus<br />

Page 11<br />

6<br />

Limited downside risk:<br />

� High equity capital ratio<br />

� Strong cash flows<br />

Additional<br />

growth<br />

through<br />

web-to-print<br />

for<br />

commercial<br />

digital printing

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