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CEWE Lowers 2026 EBIT Outlook After Including Kodak Deal Costs

CEWE now expects 2026 EBIT of €75.5 million to €81.5 million, down from €85 million to €91 million, including about €9.5 million in transaction and pre-closing expenses. Revenue guidance remains €780 million to €810 million. A €25.2 million after-tax profit from the completed sale of its commercial online printing business will contribute to Group net income.

CWC

CEWE has updated its 2026 financial outlook to account for costs associated with its acquisition of the Kodak Moments instant photo business. The company now expects 2026 EBIT to fall within a range of €75.5 million to €81.5 million, down from the previous range of €85 million to €91 million, due to the inclusion of approximately €9.5 million in transaction and pre-closing expenses. Revenue guidance remains unchanged at €780 million to €810 million. Additionally, the company noted that a €25.2 million after-tax profit from the previously completed sale of its commercial online printing business will contribute to Group net income.

The Kodak Moments acquisition is expected to close in the first half of 2027, subject to regulatory and antitrust approvals.

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