on Bastei Lübbe AG (isin : DE000A1X3YY0)
Bastei Lübbe Demonstrates Strong Growth in Q1 2024/2025
Bastei Lübbe AG, a German publishing group, reported a 15.7% increase in revenues compared to the same quarter last year, reaching EUR 26.4 million in Q1 2024/2025. Group EBIT saw a significant rise of 75.9%, increasing from EUR 2.1 million to EUR 3.7 million, resulting in an EBIT margin jump from 9.2% to 14.0%.
The "Book" segment, driven by the LYX imprint and audio formats, contributed significantly to the growth. LYX's series adaptation "Maxton Hall – The World Between Us" on Prime Video boosted revenues substantially. The decline in returns and stable costs contributed to the improved EBIT from EUR 2.0 million to EUR 3.6 million.
The "Novel Booklets" segment remained steady, generating EUR 1.7 million in revenues, matching the previous year. The company's earnings before taxes increased by 82.9%, reaching EUR 3.5 million, with net profit climbing to EUR 2.4 million from EUR 1.3 million. Earnings per share rose to EUR 0.18, up from EUR 0.10.
Bastei Lübbe's forecast for full-year revenues remains at EUR 111 – 115 million, with Group EBIT expected at EUR 13.0 – 14.0 million. The company anticipates continued growth but notes that LYX's extraordinary successes may not be sustained throughout the year.
R. P.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Bastei Lübbe AG news