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MarketScreener Homepage  >  Equities  >  Xetra  >  Bastei Lübbe AG    BST   DE000A1X3YY0

BASTEI LÜBBE AG

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Bastei Lübbe AG: Chief Executive Officer Carel Halff will not renew his contract at the end of 2020

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10/01/2019 | 09:40am EST

DGAP-Ad-hoc: Bastei Lübbe AG / Key word(s): Personnel
Bastei Lübbe AG: Chief Executive Officer Carel Halff will not renew his contract at the end of 2020

01-Oct-2019 / 15:34 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Chief Executive Officer Carel Halff will not renew his contract at the end of 2020

  • Executive Board contract expires on 31.12.2020
  • Mr. Halff will remain fully available as CEO until his time of resignation
  • The Supervisory Board will immediately address succession planning

Cologne, 01.10.2019. The CEO of Bastei Lübbe AG, Carel Halff (68), today informed the Chairman of the Supervisory Board, Mr. Robert Stein, that he will resign from his office upon expiry of his current contract on 31 December 2020.

Mr. Halff will remain fully available to the company as CEO until his time of resignation.

The Supervisory Board will immediately plan the succession of Mr. Halff and the future composition of the Executive Board.

Contact Bastei Lübbe AG:
Barbara Fischer
Head of Press and Public Relations
Tel.: +49 (0)221 8200 2850
E-Mail: barbara.fischer@luebbe.de


01-Oct-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Bastei Lübbe AG
Schanzenstraße 6 - 20
51063 Köln
Germany
Phone: 02 21 / 82 00 - 0
Fax: 02 21 / 82 00 - 1900
E-mail: investorrelations@luebbe.de
Internet: www.luebbe.de
ISIN: DE000A1X3YY0
WKN: A1X3YY
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 883609

 
End of Announcement DGAP News Service

883609  01-Oct-2019 CET/CEST

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© EQS 2019
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Financials (EUR)
Sales 2020 87,0 M
EBIT 2020 4,98 M
Net income 2020 2,18 M
Debt 2020 16,0 M
Yield 2020 -
P/E ratio 2020 16,6x
P/E ratio 2021 13,0x
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Mean consensus BUY
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Average target price 4,90  €
Last Close Price 2,74  €
Spread / Highest target 101%
Spread / Average Target 78,8%
Spread / Lowest Target 56,9%
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NameTitle
Carel Halff Chief Executive Officer
Robert Stein Chairman-Supervisory Board
Ulrich Zimmermann Chief Financial Officer
Friedrich L. Ekey Member-Supervisory Board
Mirko Alexander Caspar Member-Supervisory Board
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