Brief: Bastei Lübbe FY Sales Up At EUR 92.5 Million

Bastei Luebbe AG

27/04/2021 10:03

April 27 (Reuters) - BASTEI LUEBBE AG  BST1.DE :
    * PRELIMINARY SALES AND EARNINGS FIGURES OF BASTEI LÜBBE AG
IN
FISCAL YEAR 2020/2021 ABOVE EXPECTATIONS - HIGHER EBIT MARGIN
EXPECTED
    * FY GROUP SALES INCREASE TO 92.5 MILLION EUROS (PREVIOUSLY
88
MILLION EUROS EXPECTED)
    * 2020 EBIT EXPECTED TO BE IN A CORRIDOR BETWEEN 10 AND 11
MILLION
EUROS
    * OUTLOOK 2021: EBIT CORRIDOR INCREASES TO 10 TO 11 MILLION
EUROS
    * EXPECTS A POSITIVE DEVELOPMENT FOR 2021/2022 AND SEES AN
EBIT
MARGIN OF BETWEEN 10 PERCENT AND 12 PERCENT AS REALISTIC WITH A
PLANNED SLIGHT INCREASE IN GROUP SALES
    * DIVIDEND PAYMENT CONFIRMED

Source text for Eikon:  ID:nEQ6qxqTxa 
Further company coverage:  BST1.DE 

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