
Manchester United (MANU) announced a significantly narrower fourth-quarter net loss of £3.9 million, compared to £36.3 million in the prior year, as total revenues rose 15.4% to £164.1 million, driven by a 23.9% surge in commercial revenue. The club also issued a positive fiscal 2025 outlook, forecasting revenues of £640-£660 million and adjusted EBITDA of £180-£200 million, signaling continued financial improvement.
Manchester United (MANU) reported a significant financial turnaround in its fourth-quarter results, with its net loss narrowing sharply to £3.9 million from £36.3 million in the prior-year quarter. This improvement was underpinned by robust top-line growth, as total revenues increased 15.4% to £164.1 million. The primary driver was a 23.9% surge in commercial revenue to £88.2 million, indicating strong business momentum, supported by a 14.1% increase in matchday revenue. Broadcasting revenue, however, showed minimal growth at just 0.8%, a point of relative weakness in the report. The company's outlook for fiscal 2025 is optimistic, with projected revenues of £640-£660 million and adjusted EBITDA of £180-£200 million, which suggests management confidence in sustaining this positive trajectory.
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