Montega reiterates Buy on Bastei Luebbe, cuts price target to EUR 12

• Montega reiterated a Buy rating on Bastei Lübbe, cutting its 12-month price target to EUR 12 from EUR 13.
• FY 2025/26 revenue rose 3.8% to EUR 118.4 million; EBIT came in at EUR 8.7 million, below expectations on weaker book mix.
• Gross margin slid to 47.2% from 53.7% as higher-margin community-driven imprints fell to about 30% of book sales.
• Guidance for FY 2026/27 calls for revenue of EUR 118-122 million; EBIT of EUR 10-12 million; forecasts were lowered accordingly.
• Free cash flow was EUR 9.1 million, supported by working-capital normalization, lower author-advance outflows, cost discipline.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bastei Lübbe AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26172) on July 14, 2026, and is solely responsible for the information contained therein.