Brief: Borussia Dortmund Reports Lower FY Net Profit, Waives Dividend

Borussia Dortmund GmbH & Co KgaA

21/08/2023 10:34

Aug 21 (Reuters) - Bvb  BVB.DE :
    * PUBLISHES PRELIMINARY FIGURES FOR THE 2022/2023 FINANCIAL
YEAR
    * IN SEPARATE FINANCIAL STATEMENTS OF BORUSSIA DORTMUND GMBH
& CO.
KGAA PREPARED IN ACCORDANCE WITH GERMAN COMMERCIAL CODE (HGB),
COMPANY REPORTED FY NET PROFIT FOR YEAR OF EUR 9.1 MILLION
    * FY NET TRANSFER INCOME, WHICH COMPRISES GROSS TRANSFER
PROCEEDS
LESS RESIDUAL CARRYING AMOUNTS, OTHER DERECOGNISED ITEMS AND
TRANSFER COSTS, AMOUNTED TO EUR 72.5 MILLION (PREVIOUS YEAR: EUR
62.9 MILLION)
    * FY CONSOLIDATED REVENUE AMOUNTED TO EUR 418.2 MILLION
(PREVIOUS
YEAR: EUR 351.6 MILLION)
    * IN LIGHT OF LOSSES INCURRED DURING COVID-19 PANDEMIC AND
EARNINGS SITUATION, IT IS NOT POSSIBLE TO PROPOSE A DIVIDEND
DISTRIBUTION TO ANNUAL GENERAL MEETING
    * CONSOLIDATED FINANCIAL RESULT DECLINED BY EUR 1.9 MILLION
FROM
EUR -4.2 MILLION TO EUR -6.1 MILLION.

Source text for Eikon:  ID:nEQ6XMC0Na 
Further company coverage:  BVB.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))