DGAP-News: Bastei Lübbe AG: Preliminary sales and earnings figures of Bastei Lübbe AG in fiscal year 2020/2021 above expectations - higher EBIT margin expected
The company was also able to increase consolidated earnings before interest and taxes (EBIT) in fiscal 2020/2021 despite a challenging market environment.
- The company was also able to increase consolidated earnings before interest and taxes (EBIT) in fiscal 2020/2021 despite a challenging market environment.
- Based on preliminary figures, this is now expected to be in a corridor between 10 and 11 million euros, compared with the 7 to 8 million euros previously forecast.
- The EBIT margin for the completed fiscal year is therefore around 11 to 12 percent.
- EUR 82 million (financial year 2019/2020), Bastei L\xc3\xbcbbe AG is one of the largest medium-sized publishing companies in Germany.