EQS-Adhoc: Bastei Lübbe raises revenue and EBIT forecast for financial year 2024/2025

31.10.24 19:15 Uhr

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EQS-Ad-hoc: Bastei Lübbe AG / Key word(s): Forecast/Change in Forecast
Bastei Lübbe raises revenue and EBIT forecast for financial year 2024/2025

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.

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.

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