It’s always good to be able to relay news on the success of a PMA member company: European photofinisher Cewe Color reports continued revenue growth of almost a half-million Euro EBIT — even in 1Q13, what it says is “typically the weakest quarter of the year,” when print sales are “just as difficult as selling ice cream in winter.”
The primary growth drivers were its photo books and new online printing operations, the company says — and that will continue through out the year: “In 2013, we are very likely to generate more than 90 percent of our earnings in the fourth quarter. The positive trend in the first quarter is special confirmation of our positive assessment for the current business year.”
Photo books in particular show “undiminished dynamism” Cewe adds, rising 5.6 percent to EUR 69.2 million.
Photo and online print service company Cewe Color has 13 production operations and a staff of around 3,300 employees in 24 European countries. The company says in 2012 it delivered around 2.5 billion prints, 5.6 million photo books, and photo gift products to more than 34,000 retail partners.