on Bastei Lübbe AG (ETR:DE000A1X)
Bastei Lübbe AG Reports Strong Business Performance, Increases Dividend
At its recent Annual General Meeting in Cologne, Bastei Lübbe AG confirmed a successful financial year 2024/2025. The company announced a 20% dividend increase to EUR 0.36 per share, showcasing strong business development. Revenue rose to EUR 114 million, an increase from EUR 110.3 million the previous year, despite challenging macroeconomic conditions.
The company's digital offerings expanded, contributing EUR 35.5 million in revenue. Community-driven imprints like LYX and Community Editions grew significantly, capturing 39% of total revenue. The firm's innovative strategies, bolstered by numerous industry awards, underpin continued market strength.
Looking ahead, Bastei Lübbe AG plans to expand its profitable digital and community business models into new markets, including the US. The forecast for 2025/2026 suggests enhanced business performance driven by new releases from bestselling authors and initiatives targeting new growth areas.
R. H.
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