Bastei Lübbe Adjusts Revenue and EBIT Forecasts for 2024/2025

Bastei Lübbe AG has increased its revenue and EBIT projections for the financial year 2024/2025. Initially reported via EQS Group, the company cites ongoing successful performance in the first nine months as the reason for this upward revision. A significant factor in this optimistic outlook is a profit distribution from minority holding Räder, contributing EUR 1.0 million.

The Executive Board now projects group revenue will range between EUR 116 and 119 million, up from the previous EUR 113 to 117 million estimate. In terms of EBIT, expectations have risen to a range of EUR 17 to 18 million, surpassing the previous forecast of EUR 15 to 16 million. These adjustments highlight the success of community-driven business models within the company strategy.

The quarterly statement for the financial period will be available on February 6, 2025, providing further insights. For more details, stakeholders can visit Bastei Lübbe's website.