Brief: Bastei Luebbe FY 2015/2016 group revenue at 102.5 mln euros

Bastei Luebbe AG

29/06/2016 09:00

June 29 (Reuters) - Bastei Luebbe AG  BST1.DE : 
    * FY 2015/2016 group revenue amounted to 102.5 million euros 
 ($113.51 million)in financial year after 110.2 million euros in 
previous year 
    * FY group EBITDA developed according to plan and amounted 
to 14.9 million euros after 17.7 million euros in previous year 
    * Consolidated net profit for period of 7.9 million euros in 
2015/2016 financial year after 10.2 million euros in previous 
year 
    * Will propose payment of a dividend of 0.10 euros per share 
at annual general meeting on Sept. 15, 2016 
    * Anticipates a rise in consolidated revenue between 160 
million euros and 165 million euros for 2016/2017 financial year 
    * In next two financial years, revenue is set to increase to 
around 200 million euros 
    * In 2016/2017 financial year, EBITDA is expected to move 
slightly below EBITDA of past financial year 
    * Forecast rise in revenue will go hand-in-hand with an 
anticipated rise in EBITDA by more than 50 pct in 2017/2018 
financial year as against 2016/2017 financial year 
 
Source text for Eikon:  ID:nEQ2h8W3ja  
Further company coverage:  BST1.DE  
 
($1 = 0.9030 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;))