DGAP-News: Bastei Lübbe AG / Key word(s): Change in Forecast 
Bastei Lübbe AG: Bastei Lübbe raises forecast for financial year 2020/2021 
2021-01-21 / 19:30 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Bastei Lübbe raises forecast for financial year 2020/2021 
  . Consolidated sales to increase to around EUR 90 million (previously EUR 85 million expected) 
  . Sales increase and consistent cost-cutting measures with regard to possible Corona risks contribute to higher Group 
    EBIT of EUR 7 to 8 million 
  . Strong Christmas season business across the whole product range 
  . Proposal to pay dividend planned 
Cologne, 21.01.2021. Cologne-based trade publisher Bastei Lübbe AG (ISIN DE000A1X3YY0), one of the leading 
German-language publishers, expects a significant improvement in consolidated sales and consolidated earnings for the 
current financial year 2020/2021 based on the preliminary figures from the Christmas season. The company now expects 
sales of around EUR 90 million instead of the previously projected figure of around EUR 85 million. This represents an 
increase of around 6 percent. Consolidated earnings before interest and taxes (EBIT) are also now expected to be in a 
range of EUR 7 to 8 million, above the previous forecast of EUR 5 to 6 million, and in line with the increase in sales. 
"Despite more difficult market conditions due to COVID 19, we were able to convince our readers with our attractive 
program mix of new releases, backlist titles and digital offers in the Christmas season and continued our growth 
course," says Joachim Herbst, Spokesman of the Executive Board of Bastei Lübbe AG. 
Significant increase in sales due to new releases and diverse product range 
The positive development is the result of higher than expected sales contributions from new releases by bestselling 
authors such as Ken Follett and Dirk Roßmann, whose new works were published in the fall. At the same time, demand for 
backlist titles also increased significantly. Almost all program segments contributed to this development. Sales in the 
digital business increased disproportionately to the market. This increase in revenues led to a change in the product 
mix. On the cost side, cost-cutting measures implemented since October 2020 in view of the threat of pandemic risks 
also had an impact. 
Announced dividend strategy confirmed 
Based on the improvement in earnings, the Executive Board, in consultation with the Supervisory Board, confirms its 
consideration of proposing a dividend payment to the Annual General Meeting as part of the long-term dividend strategy. 
"We are pleased to let Bastei Lübbe's shareholders participate in the success of the current financial year and 
therefore plan to propose the payment of a dividend to the Annual General Meeting," Herbst continued. 
Corona remains stress test 
However, the Executive Board of Bastei Lübbe points out that the existing lockdown situation continues to generate high 
risk volatility that is difficult to forecast. 
The complete quarterly statement as of 31 December 2020 will be published as planned on 11 February 2021. The quarterly 
statement will then be available on the internet at https://www.luebbe.com/en/investor-relations/financial-reports. 
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 twelve 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 
=---------------------------------------------------------------------------------------------------------------------- 
2021-01-21 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:  1162444 
 
End of News   DGAP News Service 
=----------

(MORE TO FOLLOW) Dow Jones Newswires

January 21, 2021 13:31 ET (18:31 GMT)