Brief: Eqs-News Bastei Lübbe AG Adjusts Earnings Forecast For Fiscal Year 2022/2023 Due To Increased Production Costs And Makes Impairment Loss On Subsidiary Company
04/11/2022 17:19
Nov 4 (Reuters) - Bastei Luebbe Ag BST1.DE :
* EQS-NEWS: BASTEI LÜBBE AG ADJUSTS EARNINGS FORECAST FOR
FISCAL
YEAR 2022/2023 DUE TO INCREASED PRODUCTION COSTS AND MAKES
IMPAIRMENT LOSS ON SUBSIDIARY COMPANY
* OUTLOOK FOR FISCAL YEAR: REVENUE FORECAST CONFIRMED, EBIT
AT 6
TO 7 MILLION EUROS
* OPERATING EBIT MARGIN OF 8.5 TO 9.5 PERCENT EXPECTED FOR
FULL
YEAR
* HALF-YEAR REVENUES OF 44 MILLION EUROS, UP 3 MILLION EUROS
YEAR-ON-YEAR
* H1 GROUP REVENUE EXPECTATIONS WITH 44 MILLION EUROS
(PREVIOUS
YEAR 41 MILLION EUROS)
* EXCLUDING IMPAIRMENT LOSS ON SUBSIDIARY, HALF-YEAR EBIT
AMOUNTS
TO 2.9 MILLION EUROS.
Source text for Eikon: ID:nEQ8XscnDa
Further company coverage: BST1.DE
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Bastei Luebbe AG
See all newsBrief: Bastei Lübbe Raises Revenue And EBIT Forecast For Financial Year 2024/2025
Brief: Bastei Luebbe H1 EBIT EUR 6.1 Million
Brief: Eqs-News Bastei Lübbe AG Adjusts Earnings Forecast For Fiscal Year 2022/2023 Due To Increased Production Costs And Makes Impairment Loss On Subsidiary Company
Brief: Bastei Lübbe AG Makes Impairment Adjustment To Subsidiary And Lowers Earnings Forecast For Fiscal Year 2022/2023
Brief: Bastei Lübbe Says Chairman Of Supervisory Board Robert Stein Will Resign At End Of Next Annual General Meeting