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BRIEF-Bastei Luebbe Q1 group EBITDA swings to profit of EUR 0.7 mln
August 29, 2017 / 5:38 AM / 3 months ago

BRIEF-Bastei Luebbe Q1 group EBITDA swings to profit of EUR 0.7 mln

Aug 29 (Reuters) - BASTEI LUEBBE AG:

* ‍Q1 CONSOLIDATED REVENUE AT EUR 27.5 MILLION COMPARED WITH EUR 27.8 MILLION IN PREVIOUS YEAR​

* OUTLOOK FOR 2017/2018 AS A WHOLE REMAINS POSITIVE

* ‍Q1 GROUP EBITDA IMPROVES TO EUR 0.7 MILLION (PREVIOUS YEAR: MINUS EUR 1.0 MILLION)​

* OUTLOOK 2017: CONFIRMED ITS REVENUE FORECAST OF AROUND EUR 160 MILLION (PREVIOUS YEAR: EUR 146.3 MILLION)

* EBITDA IN 2017/2018 SIGNIFICANTLY EXCEED EBITDA IN 2016/2017 AND EXPECTED TO BE BETWEEN EUR 14 MILLION AND EUR 17 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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