DGAP-News

Bastei Lübbe AG publishes results for the first nine months of the 2016/2017 financial year - Seite 3

"We are firmly on track. Our figures confirm the success of our twin-track strategy geared towards pursuing the transformation of Bastei Lübbe AG into a digital media company without neglecting our traditional print business, which remains popular with readers. The fact that our game software manufacturer, Daedalic, has won the "German Developer Prize 2016" demonstrates how successful our digital strategy is already. Combining the best of both worlds, namely analogue and digital, is our recipe for success for the entire Bastei Lübbe Group", said Thomas Schierack, CEO of Bastei Lübbe AG.

The German Developer Prize is the most prestigious award for outstanding work in the development of video games from German-speaking countries (DACH). Daedalic scooped the coveted prize in nine of the 21 categories. For example, the adventure "Silence: The Whispered World 2" won for best graphics, and the real-time strategy game "Shadow Tactics: Blades of the Shogun" for best game design and "best PC/console game".

The Management Board continues to view the prospects for the 2016/2017 financial year as positive. The Management Board has not identified any indications of a significant change to the revenue and earnings forecast for the 2016/2017 financial year.

The full interim report on the third quarter of 2016/2017 is available online at https://www.luebbe.com/en/investor-relations/financial-reports.

About Bastei Lübbe AG:
Bastei Lübbe AG is an international media group based in Cologne. Its business operations focus on developing and licensing content distributed worldwide physically and digitally. The company's core business includes the traditional publishing business and the periodical puzzle magazines and novel booklets in the "Book" segment. With its twelve publishers and imprints, the group of companies currently offers approximately 3,600 titles in fiction, non-fiction and books for children and young adults. In the growing segment of hardcover fiction, the company has been the market leader in Germany for many years. At the same time, Bastei Lübbe is driving innovation in the field of digital media. As well as the production of thousands of audio and e-books, the "Digital" segment also includes holdings in the self-publishing platform "BookRix" and the renowned games publisher "Daedalic Entertainment". Bastei Lübbe AG's value chain is completed by the investment in the online shop "beam-ebooks.de" and the new and internationally unique streaming platform "oolipo".