RCS - Borussia Dortmund - Borussia Dortmund prelim. figures for 2021/2022

Borussia Dortmund GmbH & Co KgaAAnnouncement

19/08/2022 12:45

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Borussia Dortmund GmbH & Co. KGaA  19 August 2022

 Borussia Dortmund GmbH & Co. KGaA / Key word(s): Annual
 Results/Preliminary Results

Borussia Dortmund publishes preliminary figures for the 2021/2022 financial
 year

19-Aug-2022 /

Disclosure of an inside information acc. to Article 17 MAR of the Regulation
 (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

In financial year 2021/2022, the third financial year weighed down by the
 COVID-19 pandemic, Borussia Dortmund increased its consolidated total
 operating proceeds by EUR 98.3 million to EUR 456.9 million and consolidated
 revenue by EUR 17.4 million to EUR 351.6 million. Borussia Dortmund narrowed
 its consolidated net loss by EUR 37.7 million to EUR 35.1 million in financial
 year 2021/2022.

In the 2021/2022 financial year (1 July 2021 to 30 June 2022), Borussia
 Dortmund generated revenue of EUR 351.6 million (previous year: EUR 334.2
 million). Consolidated total operating proceeds (revenue plus gross transfer
 proceeds generated) amounted to EUR 456.9 million (previous year: EUR 358.6
 million).

In the financial year ended, the consolidated net loss amounted to EUR 35.1
 million (previous year: loss of EUR 72.8 million). Due to adjusting events
 after the end of the reporting period, which led to a remeasurement of player
 registrations, the consolidated net loss deviates from the guidance published
 on 2 June 2022, which had forecast a consolidated net loss of between EUR 25.0
 million and EUR 29.0 million.

Consolidated earnings before taxes (EBT) amounted to EUR -33.4 million
 (previous year: EUR -73.2 million); consolidated earnings before interest,
 taxes, depreciation and amortisation (EBITDA) amounted to EUR 80.8 million
 (previous year: EUR 39.0 million).

Consolidated revenue amounted to EUR 351.6 million (previous year: EUR 334.2
 million), of which EUR 22.7 million (previous year: EUR 0.6 million) in income
 from match operations, EUR 145.1 million (previous year: EUR 186.7 million) in
 income from TV marketing, EUR 126.1 million (previous year: EUR 106.6 million)
 in advertising income, EUR 26.0 million (previous year: EUR 7.7 million) in
 conference, catering and miscellaneous income, and EUR 31.8 million (previous
 year: EUR 32.6 million) in merchandising income.

Net transfer income, which comprises gross transfer proceeds less residual
 carrying amounts and transfer costs, amounted to EUR 61.9 million (previous
 year: EUR 15.4 million).

The Group's personnel expenses increased by EUR 15.5 million from EUR 215.7
 million to EUR 231.2 million in the financial year ended. Depreciation,
 amortisation and write-downs within the Group declined by EUR 1.1 million from
 EUR 111.0 million to EUR 109.9 million. The Group's other operating expenses
 were up EUR 16.6 million year on year from EUR 85.8 million to EUR 102.4
 million.

The consolidated financial result declined by EUR 3.1 million from EUR -1.1
 million to EUR -4.2 million.

The above information relates to key figures from the consolidated financial
 statements of Borussia Dortmund calculated in accordance with the
 International Financial Reporting Standards (IFRS).

In the separate financial statements of Borussia Dortmund GmbH & Co. KGaA
 prepared in accordance with the German Commercial Code (HGB), the Company
 reported a net loss for the year of EUR 35.4 million. In the light of this
 earnings situation, it is not possible to propose a dividend distribution to
 the Annual General Meeting.

 Dortmund, 19th August 2022

Borussia Dortmund GmbH & Co. KGaA

Borussia Dortmund Geschäftsführungs-GmbH

 Contact:

 Dr. Robin Steden

Inhouse Counsel / Investor Relations

 End of Inside Information

Information and Explanation of the Issuer to this announcement:

 At 11:00 a.m. today in Dortmund, Borussia Dortmund GmbH & Co. KGaA will
 hold an annual press conference on the preliminary figures for the 2021/2022
 financial year, which can be followed via live-stream at http://aktie.bvb.de.

19-Aug-2022 CET/CEST The DGAP Distribution Services include Regulatory
 Announcements, Financial/Corporate News and Press Releases.
 Archive at www.dgap.de

 Language:     English
 Company:      Borussia Dortmund GmbH & Co. KGaA
               Rheinlanddamm 207 - 209
               44137 Dortmund
               Germany
 Phone:        0231/ 90 20 - 2746
 Fax:          0231/ 90 20 - 852746
 E-mail:       aktie@bvb.de
 Internet:     www.bvb.de/aktie // www.aktie.bvb.de
 ISIN:         DE0005493092
 WKN:          549309
 Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in
               Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
 EQS News ID:  1424023

 

 End of Announcement  DGAP News Service

1424023  19-Aug-2022 CET/CEST

 

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