Manchester United PLC Reports Fourth Quarter and Full Year Fiscal 2024 Results; Restructuring Initiatives to Drive Cost Savings

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Go back to Manchester United PLC Reports Fourth Quarter and Full Year Fiscal 2024 Results; Restructuring Initiatives to Drive Cost Savings

Manchester United plc (MANU) Reports Q4 Loss of GBP15.79/sh

September 11, 2024 7:19 AM EDT

Manchester United plc (NYSE: MANU) reported Q4 EPS of (GBP15.79), versus (GBP6.18) reported last year. Revenue for the quarter came in at GBP142.2 million, versus GBP167.3 million reported last year.

GUIDANCE:

Manchester United plc sees FY2025 revenue of GBP650-670 million.

For fiscal 2025, the Company is introducing new full year revenue guidance of £650 million to £670 million and new adjusted EBITDA guidance of £145 million to £160 million, while exceptional costs related to severance charges associated with the headcount reduction... More