Brief: Bastei Luebbe 2018/19 FY Prelim EBIT Of EUR 2-2.5 Million

Bastei Luebbe AG

01/07/2019 10:49

July 1 (Reuters) - Bastei Luebbe AG  BST1.DE :
    * DGAP-ADHOC: BASTEI LÜBBE CONCLUDES ITS 2018/19 FINANCIAL
YEAR
BETTER THAN FORECAST
    * FY CONSOLIDATED EBIT BETWEEN EUR 2 AND 2.5 MILLION
ACCORDING TO
PRELIMINARY NUMBERS
    * CONSOLIDATED REVENUES OF AROUND EUR 95 MILLION WERE
ACHIEVED IN
FISCAL YEAR 2018/2019
    * BETTER-THAN-EXPECTED DEVELOPMENT IN 2018/2019 FINANCIAL
YEAR IS
MAINLY DUE TO HIGHER GROUP REVENUES AND LOWER RESTRUCTURING
COSTS.
    * NET DEBT AS OF MARCH 31, 2019 WAS AROUND EUR 18 MILLION
INSTEAD
OF FORECAST EUR 25 MILLION, AND THUS ALSO BETTER THAN EXPECTED

Source text for Eikon:  ID:nEQ7NN05qa 
Further company coverage:  BST1.DE 

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