DGAP-News

Bastei Lübbe AG publishes results for the first nine months of the 2016/2017 financial year

DGAP-News: Bastei Lübbe AG / Key word(s): Quarter Results Bastei Lübbe AG publishes results for the first nine months of the 2016/2017 financial year 21.02.2017 / 07:30 The issuer is solely responsible for the content of this announcement. Press Release

Bastei Lübbe AG publishes results for the first nine months of the 2016/2017 financial year

- Consolidated revenue climbs to EUR 118.4 million (previous year: EUR 81.5 million)

- Group EBITDA improves to EUR 9.3 million (previous year: EUR 7.5 million)

- Group earnings increase to EUR 2.3 million (previous year: EUR 1.3 million)

- Outlook for 2016/2017 remains positive

Cologne, 21 February 2017. Bastei Lübbe AG (ISIN DE000A1X3YY0), which is listed in the Prime Standard of the Frankfurt Stock Exchange, has published its interim report on the first nine months of the 2016/2017 financial year today. In the period from 1 April to 31 December 2016, the Cologne-based media group generated revenue of EUR 118.4 million after EUR 81.5 million in the same period of the previous year. The sharp rise of EUR 36.9 million (45.3%) is attributable to higher revenue in nearly all segments as well as consolidation of the majority investment in BuchPartner GmbH from 1 April 2016.

"Book" revenue remained virtually constant in the reporting period at EUR 39.1 million compared with EUR 39.7 million in the previous year. Revenue in the Digital segment developed very encouragingly, rising by 24.7% year-on-year from EUR 22.0 million to EUR 27.4 million. The "Non-Book" segment also posted a significant rise in sales of 17.4% from EUR 12.7 million to EUR 14.9 million. For the first time, revenue of the majority investment in BuchPartner GmbH is reported in the new "Retail" segment at EUR 32.5 million. Revenue in the "Novel Booklets and Puzzle Magazines" segment was up 2.9% from EUR 7.2 million to EUR 7.4 million.