Manchester United Plc ( (MANU) ) has released its Q2 earnings. Here is a breakdown of the information Manchester United Plc presented to its investors.
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Manchester United Plc, a leading global sports and entertainment brand, has announced its financial results for the second quarter of fiscal 2025, highlighting its performance in various competitions and financial metrics. The club competes in the football industry and is renowned for its significant fan base and successful history.
In its latest earnings report, Manchester United revealed a 12% decline in total revenues compared to the previous year, primarily due to a decrease in broadcasting revenue as the men’s team participated in the UEFA Europa League rather than the Champions League. Nevertheless, the club saw a significant increase in commercial revenue, driven by new sponsorship deals and e-commerce developments.
Key financial highlights include an 18.5% growth in commercial revenue to £85.1 million, boosted by a new front-of-shirt partnership with Snapdragon and e-commerce advancements. Despite the decline in broadcasting revenue, matchday revenue increased by 9.2% to £52 million, reflecting strong demand for tickets and hospitality. However, operating profit fell to £3.1 million from £27.5 million in the previous year, and adjusted EBITDA decreased by 22.9% to £70.5 million.
The club continues to focus on strategic projects, with the Carrington Training Complex redevelopment on track and options for Old Trafford’s future under consideration. The board remains optimistic, maintaining revenue guidance for fiscal 2025 between £650 million and £670 million and expecting adjusted EBITDA to reach the high end of its previous range.
Looking ahead, Manchester United remains committed to improving its league performance and advancing in various competitions while adhering to financial regulations. The club’s strategic initiatives and fan engagement are expected to bolster its long-term growth and financial stability.
