Bastei Lübbe raises revenue and EBIT forecast for financial year 2024/2025
Bastei Lübbe AG / Key word(s): Forecast/Change in Forecast Bastei Lübbe raises revenue and EBIT forecast for financial year 2024/2025 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. Barbara Fischer End of Inside Information 31-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| 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 |
| End of Announcement | EQS News Service |