Bastei Luebbe Boosts Forecast with Impressive Nine-Month Earnings Report

• Bastei Lübbe AG confirms higher forecast with strong nine-month figures for the 2023/2024 financial year.
• Group revenues increased by 15.3 percent over the previous year to €84.4 million.
• Group EBIT significantly increased to €11.7 million with a substantially wider EBIT margin of 13.9 percent.
• Revenues were driven by strong Christmas business and growth in community-driven business models.
• The company's total assets stood at €112.9 million as of 31 December 2023, up from €107.9 million as of 31 March 2023.
• The Executive Board confirms the forecast for the 2023/2024 financial year, expecting Group revenues of between €109 and 111 million and EBIT in a range of €12.5 to 13.5 million.

The next important date, Publication of quarterly report (as of Q3), at Bastei Luebbe is on 08.02.2024.

The price of Bastei Luebbe at the time of the news was 6,9750EUR and did not change compared to the previous day.
25 minutes after the article was published, the price was 7,1000EUR this corresponds to a plus of +1,79 % since publication.

Bastei Luebbe

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ISIN:DE000A1X3YY0WKN:A1X3YY

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