Bastei Lübbe AG, DE000A1X3YY0

Bastei Lübbe AG / DE000A1X3YY0

31.10.2024 - 19:15:32

Bastei Lübbe raises revenue and EBIT forecast for financial year 2024/2025

EQS-Ad-hoc: Bastei Lübbe AG / Key word(s): Forecast/Change in Forecast


31-Oct-2024 / 19:15 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Cologne, 31 October 2024. Bastei Lübbe AG (ISIN DE000A1X3YY0) raises its revenue and EBIT forecast for the financial year 2024/2025 after continuing successful development in the first six months of the financial year despite macroeconomic challenges. Growth drivers are in particular the new-adult label LYX as well as the other community-driven business models and audio formats. As a result, the Executive Board now expects Group revenue of between €113 million and €117 million for the 2024/2025 financial year (previous year: €110.3 million) compared to the previously communicated revenue forecast of €111 million to €115 million. EBIT is now expected to be in the range of €15 million to €16 million (previous year: €14 million), compared to the previously communicated EBIT forecast of €13 million to €14 million. The half-year report for the 2024/2025 financial year will be published on 7 November 2024 and will be available online at https://bastei-luebbe.de/en/company/investor-relations/financial-reports from this date.

Contact Bastei Lübbe AG: Barbara Fischer
Head of Press and Public Relations
Phone: +49 (0)221 8200 2850
Mail: barbara.fischer@luebbe.de


End of Inside Information

31-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Bastei Lübbe AG
Schanzenstraße 6 – 20
51063 Köln
Germany
Phone: 02 21 / 82 00 - 0
Fax: 02 21 / 82 00 - 1900
E-mail: investorrelations@luebbe.de
Internet: www.luebbe.de
ISIN: DE000A1X3YY0
WKN: A1X3YY
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; BX
EQS News ID: 2020333

 
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