Bastei Lübbe AG: Sales and operating income increased significantly in the first nine months of 2013/2014
Bastei Lübbe AG / Key word(s): 9-month figures
Bastei Lübbe AG: Sales and operating income increased significantly in the first nine months of 2013/2014.
- Sales increased by 16.4%, up to 85.2 million euros (previous year: 73.2 million euros).
- Earnings before interest and taxes (EBIT) rose disproportionately by 30.1%, reaching 12.1 million euros (previous year: 9.3 million euros).
- The EBIT margin improved to 14.2% (previous year: 12.7%)
Today, Bastei Lübbe AG, a company listed in the Prime Standard of the Frankfurt Stock Exchange (ISIN DE000A1X3YY0), published its nine-month report for 2013/2014. During the period 1 April to 31 December 2013, the Cologne-based media company generated a significant increase not only in its sales, but also in its operating income. Income rose from 73.2 million euros to 85.2 million euros (+16.4%) compared to the first nine months of the 2012/2013 financial year. Sales growth was achieved in all three segments (books, non-books, novels and puzzle books). Digital sales rose by 112% as against the same period in the previous year, thus increasing from 4 million euros to 8.5 million euros and accounting for 13.8% of print sales (previous year: 7.5%).
Earnings before interest and taxes (EBIT) rose disproportionately in the first nine months of 2013/2014 by 30.1% to 12.1 million euros (previous year: 9.3 million euros). The EBIT margin improved from 12.7% to 14.2% in line with this development. The financial result remained unchanged at -1.8 million euros (previous year: -1.8 million euros) due to interest expenditures for the bond. Total income after taxes increased by 20.6% to 7.6 million euros during the period under review (previous year: 6.3 million euros).
Based on this positive growth, the Board expects the company to achieve its targets for the year.
Contact Bastei Lübbe AG:
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|Company:||Bastei Lübbe AG|
|Schanzenstraße 6 - 20|
|Phone:||02 21 / 82 00 - 0|
|Fax:||02 21 / 82 00 - 1900|
|Listed:||Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart|
|End of News||DGAP News-Service|