Brief: Bastei Luebbe H1 net result swings to loss of 2.0 million euros

Bastei Luebbe AG

21/11/2017 06:30

Nov 21 (Reuters) - BASTEI LUEBBE AG  BST1.DE : 
    * PUBLISHES HALF-YEAR REPORT 2017/2018: REVENUE AND EARNINGS 
GROWTH DESPITE INCREASED CHALLENGES 
    * H1 CONSOLIDATED REVENUE CLIMBS TO EUR 69.1 MILLION 
(PREVIOUS 
YEAR: EUR 66.2 MILLION) 
    * H1 GROUP EBITDA IMPROVES TO EUR 5.9 MILLION (PREVIOUS 
YEAR: EUR 
4.1 MILLION) 
    * H1 EBIT AMOUNTED TO EUR -0.3 MILLION (PREVIOUS YEAR: EUR 
1.9 
MILLION) 
    * H1 NET PROFIT AMOUNTED TO EUR -2.0 MILLION (PREVIOUS 
YEAR: EUR 
0.7 MILLION) 
    * STILL ANTICIPATES REVENUE OF AROUND EUR 160 MILLION IN 
2017/2018 FINANCIAL YEAR 
    * BASTEI LUEBBE - STILL EXPECTS TO SIGNIFICANTLY EXCEED 
16/17 
FIGURE OF EUR 5.4 MILLION AND GENERATE EBITDA OF AT LEAST EUR 14 
MILLION 
 
Source text for Eikon:  ID:nEQ24Fzbya  
Further company coverage:  BST1.DE  
 
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