on Bastei Lübbe AG (isin : DE000A1X3YY0)
Bastei Lübbe AG Increases Revenue and EBIT Forecast for 2024/2025
Bastei Lübbe AG has raised its financial forecast for the fiscal year 2024/2025. The Cologne-based media company now anticipates revenues between €113 million and €117 million, up from a previous estimate of €111 million to €115 million. This positive revision follows successful developments in the first half of the financial year, despite ongoing macroeconomic challenges.
The adjustment is largely attributed to the success of the new-adult label LYX and other community-driven business models and audio formats. The company's EBIT forecast has also been updated, now expected to range from €15 million to €16 million, compared to the earlier forecast of €13 million to €14 million.
The detailed half-year report will be available online on 7 November 2024. Further information and updates can be accessed on their official website.
R. E.
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