Football club Borussia Dortmund's prelim FY revenue misses estimates on early Champions League exit

Borussia Dortmund GmbH & Co KgaA

21/08/2026 10:38

Overview
Germany football club's preliminary FY 2025/26 revenue fell and missed analyst expectations
Company posted preliminary net loss of EUR 21.7 mln, compared to prior-year profit
Lower TV marketing and Club World Cup income weighed on results

Outlook
Borussia Dortmund expects 2026/2027 consolidated net profit of EUR 0 mln to EUR 10 mln
Company says 2026/2027 guidance may change due to transfer deals or sporting results

Result Drivers
TV MARKETING DROP - Co attributed revenue decline to lower TV marketing income after failing to reach Champions League round of 16
CLUB WORLD CUP TIMING - Lower income from FIFA Club World Cup due to timing affected results
ADVERTISING INCOME - Advertising income increased year-on-year, partially offsetting declines in other segments

Company press release: ID:nEQcdqSLka

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Miss
EUR 460.5 mln
EUR 467 mln (4 Analysts)
FY Net Loss
 
EUR 21.7 mln
 
FY EBITDA
 
EUR 92.2 mln
 
FY Pretax Loss
 
EUR 20.3 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy"
Wall Street's median 12-month price target for Borussia Dortmund GmbH & Co KGaA is €5.00, about 57.7% above its August 20 closing price of €3.17
The stock recently traded at 36 times the next 12-month earnings vs. a P/E of 45 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)