However, EBITDA for the three months fell to 30 million pounds from a record 44.9 million pounds a year earlier. United, whose best known players include Paul Pogba and Wayne Rooney, said it expected to report full-year revenue between 560-570 million pounds, better than its previous forecast of between 530-540 million pounds. The club also increased its forecast for earnings before interest, tax, depreciation and amoritisation (EBITDA) to 185-195 million pounds for 2016-17. Its previous forecast was for a figure of between 170 and 180 million pounds. Total revenue for the quarter grew 3.1 percent to 127.2 million pounds.
As it stated in
(Reuters) – English soccer club Manchester United raised its full-year revenue and profit guidance after strong broadcast revenue helped to lift the club's third quarter revenue figures. United, whose leading players include Paul Pogba and Wayne Rooney, said it expected to report full-year revenue between 560-570 million pounds, better than its previous forecast of between 530-540 million pounds. Total revenue for the quarter grew 3.1 percent to 127.2 million pounds. United increased its forecast for earnings before interest, tax, depreciation and amoritisation to 185-195 million pounds for 2016-17. Broadcasting revenue grew 12.9 percent to 31.4 million pounds for the quarter ended March 31, primarily due to the impact of the new Premier League broadcasting agreement, the club said.
read more visit us profit
collected by :Jack Luxor
As it stated in
Premier Foods swings to full-year pretax profit
LONDON--British food manufacturer Premier Foods PLC (PFD.LN) Tuesday swung to a pretax profit for fiscal 2017, and said earnings for the new financial year will be weighted more towards the second half. For the year ended April 1, the company recorded pretax profit of 12.0 million pounds ($15.49 million), compared with a pretax loss of GBP13.0 million in the year ago period, on a revenue of GBP790.4 million and GBP771.7 million, respectively. Adjusted trading profit fell by 9.3% to GBP117.0 million for the fiscal year. The swing to profit was attributed to absence of impairment charges and lower administrative costs. The owner of the Mr. Kipling cake and OXO stock cube brands added that it remains focused on reducing its leverage ratio through profit improvement and debt reduction.(Reuters) – English soccer club Manchester United raised its full-year revenue and profit guidance after strong broadcast revenue helped to lift the club's third quarter revenue figures. United, whose leading players include Paul Pogba and Wayne Rooney, said it expected to report full-year revenue between 560-570 million pounds, better than its previous forecast of between 530-540 million pounds. Total revenue for the quarter grew 3.1 percent to 127.2 million pounds. United increased its forecast for earnings before interest, tax, depreciation and amoritisation to 185-195 million pounds for 2016-17. Broadcasting revenue grew 12.9 percent to 31.4 million pounds for the quarter ended March 31, primarily due to the impact of the new Premier League broadcasting agreement, the club said.
read more visit us profit
collected by :Jack Luxor
Comments
Post a Comment