Bastei Lübbe AG provided earnings guidance for the financial year 2019-2020 expecting a significantly lower consolidated EBIT of between EUR -10.5 million and EUR -6.7 million (previously: EUR 3.5 - 5.3 million).

For the third quarter company made non-cash impairments on its investment Daedalic Entertainment GmbH in the amount of 12 - 14 million euros, of which 5 million euros are attributable to goodwill.