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Bastei Lübbe AG
Earnings Release • Jan 31, 2025
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Earnings Release
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Ad-hoc | 31 January 2025 07:57
Bastei Lübbe again raises sales and EBIT forecast for financial year 2024/2025
Bastei Lübbe AG / Key word(s): Change in Forecast
Bastei Lübbe again raises sales and EBIT forecast for financial year 2024/2025
31-Jan-2025 / 07:57 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.
The issuer is solely responsible for the content of this announcement.
Bastei Lübbe again raises revenue and EBIT forecast for financial year 2024/2025
Cologne, 31 January 2025: Bastei Lübbe AG (ISIN DE000A1X3YY0 ) is once again raising its revenue and EBIT forecast for the 2024/2025 financial year after continued successful development in the first nine months of the financial year. Extraordinary earnings effects have resulted from investment income in the form of a profit distribution from the minority shareholding Räder in the amount of EUR 1.0 million. At the same time, the operating business continued to develop extremely successfully and once again exceeded the newly set targets. In line with the corporate strategy, the community-driven business models in particular, played a major role.
As a result, the Executive Board now expects Group revenue of between EUR 116 and 119 million for the 2024/2025 financial year (previous year: EUR 110.3 million) compared to the adjusted revenue forecast of EUR 113 to 117 million announced on 31 October 2024. Group EBIT is now expected to be in the range of EUR 17 to 18 million (previous year: EUR 14.0 million) compared to the previously communicated EBIT forecast of EUR 15 to 16 million.
The quarterly statement for the first nine months of the 2024/2025 financial year will be published on 6 February 2025 and will be available online at https://unternehmen.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: [email protected]
End of Inside Information
31-Jan-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| 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: | [email protected] |
| 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: | 2078439 |
| End of Announcement | EQS News Service |
2078439 31-Jan-2025 CET/CEST