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    BST   DE000A1X3YY0

BASTEI LÜBBE AG

(BST)
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PRESS RELEASE: Bastei Lübbe AG: Preliminary sales and earnings figures of Bastei Lübbe AG in fiscal year 2020/2021 above expectations - higher EBIT margin expected

04/27/2021 | 05:01am EDT
DGAP-News: Bastei Lübbe AG / Key word(s): Preliminary Results/Change in Forecast 
Bastei Lübbe AG: Preliminary sales and earnings figures of Bastei Lübbe AG in fiscal year 2020/2021 above expectations 
- higher EBIT margin expected 
2021-04-27 / 11:00 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
 
Preliminary sales and earnings figures of Bastei Lübbe AG in fiscal year 2020/2021 above expectations - higher EBIT 
margin expected 
  . Group sales increase to 92.5 million euros (previously 88 million euros expected) 
  . EBIT corridor increases to 10 to 11 million euros 
  . EBIT margin of between 10 and 12 percent expected for fiscal 2021/2022 
  . Dividend payment confirmed 
Cologne, 27 April 2021 - Yesterday, Bastei Lübbe, one of Germany's largest trade publishers, published an ad hoc 
announcement due to its preliminary revenue and EBIT figures in the 4th quarter of fiscal year 2020/2021 (January to 
March 2021) exceeding expectations. 
Accordingly, the Cologne-based publishing house increased sales by 4.5 million euros to 92.5 million euros. Due to the 
restrictive measures against the spread of the COVID 19 virus, the Management Board had forecast consolidated sales of 
88 million euros in January. 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. The reasons for the margin improvement 
were higher-than-expected sales, Corona-related cost reductions combined with a balanced product mix, and significantly 
reduced costs in connection with a legal dispute compared with the assumptions made in January. 
"In a difficult environment, Bastei Lübbe can look back on a successful financial year with a very attractive range of 
programs. In the process, all employees have contributed their share to our economically pleasing result under 
challenging conditions, for which we would like to express our sincere thanks," Joachim Herbst, Spokesman of the 
Executive Board of Bastei Lübbe AG, explains the figures. "For the current fiscal year, we are also confident that we 
will be able to develop and offer exciting and emotionally moving content for our readers and that our shareholders 
will share in this success." 
Bastei Lübbe also expects a positive development for 2021/2022 and sees an EBIT margin of between 10 percent and 12 
percent as realistic with a planned slight increase in group sales. The company will publish a detailed forecast with 
the annual financial statements at the annual press conference on July 13, 2021. 
Announcement dividend payment 
The preliminary figures for the past fiscal year and the forecast of the figures for the current year confirm the 
ability of Bastei Lübbe AG to pay a dividend. Due to the improvement in earnings, the Executive Board and Supervisory 
Board confirm the intention to propose the payment of a dividend for the 2020/2021 fiscal year to the shareholders at 
the Annual General Meeting on September 15, 2021. 
About Bastei Lübbe AG: 
Bastei Lübbe AG is a German publishing house based in Cologne, which specializes in the production of books, audio 
books and eBooks with fiction and popular science content. The company's core business also includes periodically 
published novel booklets. With a total of 13 publishing houses and imprints, the group of companies currently has 
around 3,600 fiction, non-fiction, children's and youth books on offer. In the segment of hardcover fiction, the 
company has been one of the market leaders in Germany for many years. At the same time, Bastei Lübbe is an innovation 
driver in the field of digital media and exploitation channels, among other things through the production of thousands 
of audio and eBooks. 
With annual sales of approx. EUR 82 million (financial year 2019/2020), Bastei Lübbe AG is one of the largest 
medium-sized publishing companies in Germany. The shares of the company have been listed in the Prime Standard segment 
on the Frankfurt stock exchange (GSIN A1X3YY, ISIN DE000A1X3YY0) since 2013. Further information is available at 
www.luebbe.com. 
Contact Bastei Lübbe AG: 
Barbara Fischer 
Head of Press and Public Relations 
Tel.: +49 221 / 82 00 28 50 
E-Mail: barbara.fischer@luebbe.de 
=---------------------------------------------------------------------------------------------------------------------- 
2021-04-27 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
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:  1188495 
 
End of News   DGAP News Service 
=------------ 

1188495 2021-04-27

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1188495&application_name=news 
 

(END) Dow Jones Newswires

April 27, 2021 05:00 ET (09:00 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
BASTEI LÜBBE AG 1.44% 5.48 Delayed Quote.55.80%
DIGITAL MEDIA SOLUTIONS, INC. -3.12% 10.26 Delayed Quote.-14.78%
DJ INDUSTRIAL -0.62% 33823.45 Delayed Quote.12.07%
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Financials
Sales 2021 92,5 M 110 M 110 M
Net income 2021 6,20 M 7,38 M 7,38 M
Net cash 2021 5,20 M 6,19 M 6,19 M
P/E ratio 2021 11,8x
Yield 2021 3,65%
Capitalization 74,4 M 88,7 M 88,6 M
EV / Sales 2021 0,75x
EV / Sales 2022 0,70x
Nbr of Employees 231
Free-Float 45,0%
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Number of Analysts 3
Average target price 6,43 €
Last Close Price 5,64 €
Spread / Highest target 31,2%
Spread / Average Target 14,1%
Spread / Lowest Target -20,2%
EPS Revisions
Managers and Directors
NameTitle
Joachim Herbst Chief Financial Officer
Robert Stein Chairman-Supervisory Board
Friedrich L. Ekey Member-Supervisory Board
Mirko Alexander Caspar Member-Supervisory Board
Barbara Fischer Investor Relations Contact