More Good News on the Photo Front

Early figures released by Germany-based photofinishers CeWe Color indicated that sales in the calendar/fiscal year 2012 exceeded €500 million for the first time (2011 – €469 million) and the target earnings before interest and tax (EBIT) of €27-33 million were also achieved. The CeWe Photobook and online printing are strong growth drivers, as 2011 sales in the low single-digit million euros during 2011ballooned to more than 40 million euros in 2012. The company is likely to publish its preliminary, unaudited results at the end of February.
Don Franz, Photo Imaging News, February 13, 2013 via Facebook

cewe_masterIt looks like Shutterfly’s success is not anomalous. The European photofinisher CeWe Color has also reported strong growth, with significant increases in photo books and online printing.  I am glad to see these results because they mean that if a company is well-managed and has innovative products they can succeed in the photo industry. It also means that people are continuing to print and buy photo products.

About Mark Mizen

I have over twenty years professional experience in all aspects of photography and digital imaging. I am Chair of the ISO WG5 TG2 committee responsible for physical properties and durability of imaging material and am currently with HID Global working on systems for security printing for IDs, licenses, and credit cards. Previously, I was Director of Digital Development at Creative Memories from 2009 to 2012 and was responsible for the Creative Memories digital products and services. I also established and directed the Creative Memories Technology Center, which evaluated new products prior to product introduction, assisted with production difficulties, and provided technical information to support product sales.
This entry was posted in Industry Info, Photo Books and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s