Business
Results for the year ended 30 June 2023
Results for the year ended 30 June 2023.
About this update from Celtic Plc
[{"type":"text","content":"\n\nThe information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \nCeltic PLC\n \nAnnouncement of Results for the year ended 30 June 2023\n \nSUMMARY OF THE RESULTS\n \nKey Operational Items\n \n· Winners of the Domestic Treble in season 2022/23 for a world record 8th time.\n \n· Qualification for the group stages of the UEFA Champions League for season 2023/24.\n \n· Participation in the group stages of the UEFA Champions League in season 2022/23.\n \n· 26 home matches played at Celtic Park (2022: 31 games).\n \n \nKey Financial Items\n \n· Group revenue increased by 35.8% to £119.9m (2022: £88.2m).\n \n· Operating expenses including labour increased by 4.0% to £95.4m (2022: £91.7m).\n \n· Gain on sale of player registrations of £14.4m (2022: £29.0m).\n \n· Acquisition of player registrations of £13.0m (2022: £38.4m).\n \n· Profit before taxation of £40.7m (2022: £6.1m).\n \n· Year-end cash net of bank borrowings of £72.3m (2022: £30.2m).\n \n \n\nFor further information contact:\n \n\n\n\n\nCeltic plc\n\n\n\n\n\n\n\n\n\n\n\n\n\nPeter Lawwell, Celtic plc\n\n\nTel: 0141 551 4235\n\n\n\n\n\n\n\n\n\n\nIain Jamieson, Celtic plc\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCanaccord Genuity Limited, Nominated Adviser\n\n\n\n\n\n\n\n\n\n\nSimon Bridges\n\n\n Tel:...