Bastei Luebbe AG
BST
ISIN DE000A1X3YY0 / Valor 22363546
Bastei Luebbe AG
UMushroom community rating:
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-CyclicalsLatest Results (07.11.2025):
Bastei Lübbe AG’s half‐year financial report as of 30 September 2025 (covering the 2025/26 period) shows a stable revenue performance with modest growth, but highlights a significant decline in profitability. While Group revenues increased slightly to EUR 57.0 million (up 0.7% year‐on‐year), the EBIT fell from EUR 9.0 million to EUR 5.9 million, and consolidated net profit dropped by nearly one‐third. Notably, the second quarter (Q2 25/26) results provided further detail, with revenues rising 12.8% to EUR 34.0 million, yet profitability metrics, including EBIT margin and net profit, continuing to face downward pressure.
Revenue Stability and Growth
Revenues for H1 25/26 reached EUR 57.0 million, a slight increase over EUR 56.6 million in the previous half-year, while the Q2 25/26 segment saw revenues jump to EUR 34.0 million from EUR 30.2 million, reflecting positive sales volume and pricing in certain product groups.
Decline in Profitability
The Group’s EBIT declined significantly to EUR 5.9 million (a drop of 34.3% from the previous EUR 9.0 million), with a corresponding EBIT margin decrease from 15.9% to 10.4%. Consolidated net profit fell by 32.8%, and earnings per share dropped to EUR 0.30 from EUR 0.44, signaling the impact of rising production costs and a changed revenue mix, particularly in the “Books” segment.
Segment Insights
The report breaks down performance by segments, where the “Novel Booklets” segment recorded stable results with revenues of EUR 3.6 million and EBIT of EUR 0.5 million, while the “Books” segment generated EUR 53.4 million in revenues with a notable decline in EBIT. Additionally, shifts such as a lower contribution from community-driven business models were observed, and digital product revenues retained a significant share of total sales.
Cost Pressures and Operational Changes
The higher cost‐of‐materials ratio (rising from 48.4% to 52.5%) was primarily driven by increased production costs for blockbuster releases and higher author royalties, which contributed to the overall compression of margins. These cost pressures alongside planned salary adjustments and rising other operating expenses have had a material impact on overall earnings.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
135 M
Market cap (USD)
573
Daily traded volume (Shares)
9.2 / 9.15
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
Marina Dietrich
Todor Todorov
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