Manchester United plc (MANU) Reports Q2 Revenues of GBP172.8M

Manchester United plc (NYSE: MANU) reported Q2 revenue for the quarter came in at GBP172.8 million, versus GBP168.4 million reported last year.

• 2Q Fiscal 2021 Revenues of £172.8 million
• 2Q Fiscal 2021 Adjusted EBITDA of £70.3 million
• 2Q Fiscal 2021 Operating Profit of £48.5 million

Ed Woodward, Executive Vice Chairman, commented, “As we approach a full year since our last game with fans at Old Trafford, we reflect on an extraordinarily challenging 12 months for football and society as a whole. The rapid rollout of vaccines in the UK and beyond gives us confidence that we are now on a path towards normality, including the return of fans to stadia. While the disruption to our operations remains significant, we are pleased by the tremendous resilience the club has demonstrated through the pandemic, underpinned by the dedication of our people and the strength of our commercial business. We have been reminded of the importance of football as a source of community, entertainment and pride to fans around the world, even as we have sorely missed them at Old Trafford. The progress made by Ole and the players this season is clear and our thriving Academy and Women’s team are also adding to the optimism we feel about the future on and off the pitch.”

For earnings history and earnings-related data on Manchester United plc (MANU) click here.

You May Also Be Interested In

• Cadence (CDNS) tumbles despite Q1 beat on top and bottom lines
• Tapestry (TPR) Responds to the FTC’s Lawsuit
• First Bank (FRBA) Tops Q1 EPS by 7c