Brief: Bastei Lübbe Says Weak Q3 requires impairments on subsidiary Daedalic
06/02/2020 21:28
Feb 6 (Reuters) - Bastei Luebbe AG BST1.DE :
* DGAP-NEWS: BASTEI LÜBBE AG: BASTEI LÜBBE MAKES IMPAIRMENT
LOSSES
ON THE 51 PERCENT FINANCIAL INVESTMENT DAEDALIC ENTERTAINMENT
AND PLANS RESTRUCTURING
* GROUP IS REDUCING ITS FORECAST FOR YEAR
* MANAGEMENT BOARD IS THEREFORE EXAMINING OPTIONS FOR
RESTRUCTURING AND REALIGNING BUSINESS MODEL IN GAMES SEGMENT
* CO'S BOARD EXPECTS DECLINE IN GROUP EBIT FOR FY 2019/2020
VERSUS
PRIOR FORECAST, WHICH IS NOW EXPECTED TO BE EUR -10.5 MILLION TO
EUR -6.7 MILLION
Source text for Eikon: ID:nEQ4fVL1wa
Further company coverage: BST1.DE
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