Skip to main content

Borussia Dortmund Announces Preliminary Results of the First Half of the Fiscal Year 2018/2019

DORTMUND, GERMANY / ACCESSWIRE / February 22, 2019 / Borussia Dortmund recorded Group revenues in amount of EUR 256.0 m. (previous first half-year EUR 311.8 m.) in the first half-year of the fiscal year 2018/2019. The decline of Group revenues was mainly due to a EUR 93.8 m. reduction in transfer revenues, which were exceptionally high due to the transfer of Ousmane Dembélé to FC Barcelona in previous first half-year. By contrast, transfer revenues in the amount of EUR 42.4 m. were realized in this report period.

Taking transfer revenues not into consideration Group revenues increased by EUR 38.0 m. (i.e. 21.7%) to EUR 213,6 m. (previous first half-year EUR 175.6 m.).The main driver here was the increase in TV revenues by EUR 31.4 m. or 42.3% to EUR 105.5 m. compared to the previous first half-year.

The operating result (EBITDA) of the Group amounted EUR 54.1 m. (previous first half-year EUR 83.9 m). The result from operating activities (EBIT) amounted EUR 20.3m. (previous half-year EUR 47.7 m.). According to International Financial Reporting Standards (IFRS) the Borussia Dortmund Group earnings amounted EUR 17.3 m. (previous half-year EUR 39.4 m.).

Group Equity totalled EUR 347.5 m. on December 31st, 2018 (30 June 2018: EUR 336.3 m.); this corresponds to an equity capital ratio of 69.7 % (previous year 70.3%).

Personnel expenses changed to EUR 101.3 m. (previous first half-year EUR 94.3 m.). Depreciation and amortization resulted in EUR 33.8 m. (previous first half-year EUR 36.2 m.). Other operating expenses amounted EUR 93.3 m. (previous first half-year EUR 124.2 m.) in the report period. The financial result amounted EUR -1.0 m.(previous first half-year EUR -2.6 m.), the tax result amounted EUR -2,0 m. (previous first half-year EUR -5.7 m.).

In the individual financial statement Borussia Dortmund GmbH & Co. KGaA recorded earnings before interest and taxes (EBIT) in an amount of EUR 12.2 m. (previous first half-year EUR 42.4 m.) in the first half of the fiscal year 2018/2019. Earnings before taxes (EBT) amounted EUR 15.7 m. (previous first half-year EUR 43.9. m.) and the semi-annual result amounted EUR 13.9 m. (previous first half-year EUR 38.1 m.).

The complete semi-annual financial report H1 2018/2019 can be downloaded as pdf.-file under www.aktie.bvb.de (rubric publications) from February 28th, 2019 on.

Borussia Dortmund GmbH & Co. KGaA
Borussia Dortmund Geschäftsführungs-GmbH

Contact:

Dr. Robin Steden
Inhouse Counsel / Investor Relations

SOURCE: Borussia Dortmund GmbH & Co. KGaA



View source version on accesswire.com:
https://www.accesswire.com/536405/Borussia-Dortmund-Announces-Preliminary-Results-of-the-First-Half-of-the-Fiscal-Year-20182019

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.