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IN BRIEF: Celtic swings to interim profit as fans return to stadium

11th Feb 2022 19:32

Celtic PLC - Glasgow football club - For the six months ended December 31, swings to pretax profit of GBP27.6 million from a loss of GBP5.9 million the same period a year before, driven by gains from player trading, including the sales of Odsonne Edouard and Kristoffer Ajer, to London-based clubs Crystal Palace and Brentford FC, respectively.

Meanwhile, revenue rises 30% year-on-year to GBP52.9 million from GBP40.7 million, lifted by the return of fans to the club's stadium as Covid-related restrictions ease, and the qualification for another season in the Europa League leading accompanying ticket sales that were absent a year prior.

Current stock price: 105.00 pence

12-month change: up 8.2%

By Dayo Laniyan; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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