Bastei Luebbe AG

BST

Equity

ISIN DE000A1X3YY0 / Valor 22363546

Xetra (2024-11-21)

EUR 9.80%

Bastei Luebbe AG
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About company

Bastei Lübbe AG, established in 1953 and publicly traded on the Frankfurt Stock Exchange since 2013, stands as Germany's largest independent trade publisher. The company has carved a niche for itself in the publishing industry by generating approximately one-third of its revenues through digital channels and by pioneering community-driven business models, showcasing its role as an innovation leader. Bastei Lübbe's portfolio includes 13 prominent publishing brands, making it a key player in the German-speaking market with a roster of both national and international bestselling authors. Additionally, the company has made significant strides in the audio publishing sector through its subsidiary, Lübbe Audio, which ranks as one of the first and leading German audio book publishers. Lübbe Audio is renowned for its high-quality productions, exclusive series content, and innovative marketing strategies, supported by its own recording studios where books are brought to life by top German-speaking actors and voice talents. This multifaceted approach to publishing, combining traditional print with digital and audio formats, underscores Bastei Lübbe's commitment to adapting and thriving in the evolving media landscape.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Revenue Growth

Bastei Luebbe AG reported a significant increase in revenue for the period from April to December 2023, reaching 84.4 million euros. This marks a 15.3% growth compared to the 73.2 million euros recorded in the same period of the previous year.

EBIT Improvement

The company's EBIT (Earnings Before Interest and Taxes) saw a substantial rise, amounting to 11.7 million euros for the period from April to December 2023. This is a notable improvement from the 4.8 million euros reported in the same timeframe in 2022, representing a 143.6% increase.

Net Profit Surge

Bastei Luebbe AG's net profit for the period from April to December 2023 was 9.5 million euros, a significant jump from the 2.6 million euros recorded in the same period of the previous year. This translates to a 269.6% increase in net profit year-over-year.

Earnings Per Share

The earnings per share (EPS) for Bastei Luebbe AG also saw a remarkable rise, reaching 0.72 euros for the period from April to December 2023. This is a substantial increase from the 0.19 euros per share reported in the same period of the previous year, reflecting a 278.9% growth.

Quarterly Performance

For the quarter ending December 31, 2023, Bastei Luebbe AG reported revenues of 33.4 million euros, up from 29.1 million euros in the same quarter of the previous year. The EBIT for this quarter was 5.6 million euros, compared to 3.9 million euros in the previous year, indicating a 45.3% increase.

Summarized from source with an LLMView Source

Key figures

75.0%1Y

49.4%3Y

251%5Y

Performance

38.2%1Y

43.8%3Y

50.7%5Y

Volatility