March 18, 2020 / 2:41 PM / 22 days ago

BRIEF-CEWE Increases Dividend To EUR 2.00/Shr

March 18 (Reuters) - Cewe Stiftung & Co KGaA:

* DGAP-NEWS: CEWE INCREASES DIVIDEND FOR ELEVENTH CONSECUTIVE YEAR

* PROPOSE A DIVIDEND OF 2.00 EUROS PER SHARE

* INCREASE IN TURNOVER OF 10.1%, TO 714.9 MILLION EUROS, WHICH EXCEEDS 2019 SALES TARGET IN RANGE OF 675 MILLION TO 710 MILLION EUROS

* FY OPERATIVE EARNINGS (EBIT) INCREASED TO 57.8 MILLION EUROS (2018: 55.7 MILLION EUROS) Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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