Brief: Bastei Luebbe FY Net Result Turns To Profit Of EUR 0.9 Million

Bastei Luebbe AG

11/07/2019 10:07

July 11 (Reuters) - Bastei Luebbe AG  BST1.DE :
    * OUTLOOK: TARGETED GROWTH-INVESTMENTS
    * FY GROUP SALES AMOUNTED TO EUR 94.9 MILLION AFTER EUR
140.2
MILLION IN PREVIOUS YEAR
    * FY GROUP EBIT AMOUNTED TO A PLEASING EUR 2.7 MILLION
(PREVIOUS
YEAR/ADJUSTED: EUR -18.4 MILLION)
    * FY NET GAIN FOR PERIOD OF EUR 0.9 MILLION, COMPARED WITH A
NET
LOSS OF EUR -16.4 MILLION IN PREVIOUS YEAR
    * FOR FY 2019/20 EXPECTS GROUP SALES BETWEEN EUR 85 AND 87
MILLION
AND AN EBIT BETWEEN EUR 3.5 AND 5.3 MILLION.

Source text for Eikon:  ID:nEQ4NFxvha 
Further company coverage:  BST1.DE 

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