Manchester United Clocks 16% Revenue Growth In Q1

Loading...
Loading...
  • Manchester United PLC MANU reported first-quarter FY22 sales growth of 16% year-on-year, to £126.5 million.
  • Broadcasting revenue declined 9%, while Commercial revenue rose 7.9%, and the Matchday revenue jumped 1005.9%.
  • The operating loss for the quarter narrowed to £(10.2) million. Adjusted EBITDA decreased 46.2% to £11.2 million.
  • Adjusted basic loss per share for the period narrowed to (7.67) pence versus (15.12) pence last year.
  • The company held £98.7 million in cash and equivalents as of September 30, 2021. Net cash inflow from operating activities for the quarter was £63.6 million.
  • The net debt of the company as of September 30, 2021, was £439.7 million.
  • Price Action: MANU shares are trading higher by 1.38% at $16.12 on the last check Wednesday.
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...