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Bastei Lübbe confirms higher forecast with strong nine-month figures - Seite 3

As of 31 December 2023, total Group assets stood at €112.9 million, up from €107.9 million as of 31 March 2023. At €62.1 million on 31 December 2023, the share of equity attributable to the equity holders of the parent company was €7.3 million higher than on 31 March 2023 (€54.8 million). This reflects opposing effects from the net profit for the period on the one hand and the dividend distribution for the 2022/2023 financial year on the other.
 

Higher full-year forecast confirmed

The Executive Board confirms the forecast for the 2023/2024 financial year, which was increased on 8 January 2024, and continues to expect Group revenues of between €109 and 111 million and EBIT in a range of €12.5 to 13.5 million.

Bastei Lübbe AG's report on the first nine months of the 2023/2024 financial year is available at www.bastei-luebbe.de.

 

About Bastei Lübbe AG:

Bastei Lübbe AG is a German general-interest publisher based in Cologne, specialising in the publication of books, audio books and e-books featuring fiction and popular science content. The company’s core business also includes the periodically published novel booklets. With a total of fifteen imprints, the group currently offers several thousand titles in the fields of fiction, non-fiction and children’s and young people’s books. In the growing segment of hardcover fiction, the company has been one of the market leaders in Germany for many years. At the same time, Bastei Lübbe is a driver of innovation in digital media and exploitation channels through the production of thousands of audio and e-books among other things.

With annual revenues of around €100 million (2022/2023 financial year), Bastei Lübbe AG is one of the largest medium-sized companies in the German publishing industry. Its shares have been listed in the Prime Standard of the Frankfurt Stock Exchange (WKN A1X3YY, ISIN DE000A1X3YY0) since 2013. Further information can be found at www.bastei-luebbe.de.

 

Contact Bastei Lübbe AG:
Barbara Fischer
Head of Press and Public Relations
Phone: [phone]
E-Mail: [e-mail]

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08.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.