Business
Trading Update
Trading Update.
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 (as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018). Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \n6TH August 2024\nCeltic plc\n(\"Celtic\" or the \"Club\") \nTrading update for the year ended 30 June 2024\n \nCeltic has enjoyed a strong on pitch performance in the 2023/24 football season having won the domestic double. In addition, it has enjoyed a successful year in generating gains from player trading. As a result of such gains and a strong end to the season from a footballing perspective, Celtic now expects earnings for the year ended 30 June 2024 will be significantly higher than previous expectations, which were formed before the conclusion of the season and prior to certain player disposals.\n \nPlayer registration valuations and player trading can and often do materially influence Celtic's financial performance in addition to trading revenue. The Summer transfer window is underway and following the closure of the window and the finalisation of the year end balance sheet review, the Club will then be in a position to confirm the extent of its earnings by publishing its results for the year ended 30 June 2024, in line with its usual timetable in mid-September 2024.\n \n \n For further information contact:\n\n\n\n\nCeltic plc\nMichael Nicholson\nChris McKay\n \n\n\nTel: 0141 551 4235\n\n\n\n\nCanaccord Genuity Limited, Nominated Adviser and Broker\nSimon Bridges\n \n\n\nTel: 020 7523 8350\n\n\n\n\n \n\n","length":3613,"tagName":"div"}]