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Manchester United shares slide as early Champions League exit hits revenue guidance
Market Watch· 2024-01-17 16:53
Manchester United shares fell Wednesday after the iconic English soccer club lowered its 2024 revenue guidance, citing the club’s early exit from the Champions League and the related impact on broadcasting revenues.The club exited the Champions League at the group stage in December following a 1-0 defeat by German giants Bayern Munich at Manchester United’s Old Trafford Stadium. Manchester United last won the Champions League in 2008.Shares of operator Manchester United Ltd. MANU, -5.09% fell 5.8% Wednesday ...
Manchester United slashes outlook after Champions League exit
Proactive Investors· 2024-01-17 14:28
Manchester United Plc (NYSE:MANU) on Wednesday slashed earnings guidance reflecting its exit from football's elite European competition and related reduction in Broadcasting revenue. The Red Devils finished bottom of their Uefa Champions League group, and are sitting outside of Champions League qualification places at present.  United said that it now expects revenue to range from £635 million to £665 million in the year to June 30, a drop from previous expectations of £650 million to £680 million. Guidance ...
Manchester United PLC Reports First Quarter Fiscal 2024 Results
Businesswire· 2024-01-17 11:00
MANCHESTER, England--(BUSINESS WIRE)--Manchester United (NYSE: MANU; the “Company” and the “Group”) – one of the most popular and successful sports teams in the world - today announced financial results for the 2024 fiscal first quarter ended 30 September 2023. Outlook For fiscal 2024, the Company is forecasting revenue guidance to be within a range of £635 million to £665 million from prior guidance of £650 million to £680 million and adjusted EBITDA guidance to be within a range of £125 million to £150 ...
Manchester United(MANU) - 2023 Q4 - Annual Report
2023-10-26 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 30 June 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Co ...
Manchester United(MANU) - 2024 Q1 - Quarterly Report
2023-10-25 16:00
Exhibit 99.1 CORPORATE RELEASE 26 October 2023 Manchester United PLC Reports Fourth Quarter and Full Year Fiscal 2023 Results Key Points · Achieved record revenues for fiscal 2023 driven by Commercial and Matchday revenue · Club achieved record ticket sales and attendance, and highest ever number of paid global memberships · Club announced an industry-leading kit deal with adidas through 2035 in August and a new front-of-shirt sponsorship deal with Qualcomm’s Snapdragon brand in September · Season tickets f ...
Manchester United(MANU) - 2023 Q4 - Annual Report
2023-06-26 16:00
Exhibit 99.1 CORPORATE RELEASE 27 June 2023 Manchester United PLC Reports Third Quarter Fiscal 2023 Results Key Points · For fiscal 2023, the Company raises its previous revenue guidance to a record £630 million to £640 million and raises its adjusted EBITDA guidance to £140 million to £150 million · The men’s first team ended the 2022/23 domestic season in 3 place and secured a return to the UEFA Champions League for the 2023/24 season · Signed new men’s contracts with Luke Shaw, Alejandro Garnacho and Dio ...
Manchester United(MANU) - 2023 Q3 - Quarterly Report
2023-03-29 16:00
Exhibit 99.1 CORPORATE RELEASE 30 March 2023 Manchester United PLC Reports Second Quarter Fiscal 2023 Results Key Points · The men’s first team won the Carabao Cup on 26 February at Wembley for the 6time; the team also advances to the FA Cup Semi-finals · For the 2022/23 domestic and European seasons to date, the men’s first team is currently in third place in the Premier League and has advanced to the UEFA Europa League Quarter-finals · For the 2022/23 Women's Super League season, the women's team is curre ...
Manchester United(MANU) - 2022 Q4 - Earnings Call Transcript
2022-09-22 19:22
Manchester United plc (NYSE:MANU) Q4 2022 Earnings Conference Call September 22, 2022 8:00 AM ET Company Participants Corinna Freedman - Head of Investor Relations Richard Arnold - Chief Executive Officer John Murtough - Football Director Collette Roche - Chief Operating Officer Philip Lynch - Chief Executive Officer of Media Victoria Timpson - Chief Executive Officer, Alliances & Partnerships Cliff Baty - Chief Financial Officer Conference Call Participants Randy Konik - Jefferies Xian Siew - BNP Paribas O ...