Brief: Sporting 9-Month Net Result Turns To Loss Of 23.5 Mln Euros YoY

Sporting Clube De Portugal Futebol SAD

01/06/2021 08:09

June 1 (Reuters) - Sporting Clube de Portugal Futebol SAD
 SPSO.LS :
    * SAID ON MONDAY 9-MONTH NET LOSS 23.5 MILLION EUROS VERSUS
PROFIT
30.2 MILLION EUROS YEAR AGO
    * 9-MONTH NEGATIVE OPERATING RESULTS 16.1 MILLION EUROS
VERSUS
POSITIVE 40.9 MILLION EUROS 
    * 9-MONTH REVENUE FROM PLAYER-RELATED DEALS 30.6 MILLION
EUROS
VERSUS 96.6 MILLION EUROS YEAR AGO
    * 9-MONTH OPERATING REVENUES EXCLUDING PLAYER RELATED DEALS
44.5
MILLION EUROS VERSUS 59.2 MILLION EUROS YEAR AGO
    * LARGE VARIATION IN THE NET RESULT FOR Q3 2020/21 VERSUS
THE SAME
PERIOD OF 2019/20 DUE TO THE COVID-19 IMPACT
    * SAYS ITS MANAGEMENT BELIEVES TO HAVE ADEQUATE RESOURCES TO
CONTINUE ITS OPERATIONS IN THE LONG TERM

    
    
 Source text: https://bit.ly/3c80Czw
    
 Further company coverage:  SPSO.LS  
   


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