on Bastei Lübbe AG (isin : DE000A1X3YY0)
Bastei Lübbe AG Reports Strong Growth in First Half of 2024/2025
Bastei Lübbe AG has announced a significant increase in revenue and earnings in the first half of the fiscal year 2024/2025. The company's revenue rose by 10.9% to EUR 56.6 million, driven by successful performance in a challenging market environment. Group EBIT increased by an impressive 48.1% to EUR 9.0 million, resulting in an EBIT margin improvement to 15.9%, up from 11.9% the previous year.
The "Book" segment, particularly the LYX imprint and audio titles, contributed to growth, with the LYX new adult series "Maxton Hall" proving especially successful. Despite macroeconomic challenges, Bastei Lübbe's forecast for the full year has been adjusted upward, with projected revenues between EUR 113 and 117 million and Group EBIT of EUR 15 to 16 million.
R. P.
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