Key Takeaways
- Manchester United’s deep UEFA Europa League run led to better-than-expected revenue gains in the fiscal third quarter.
- Manchester United, which has a record-tying 20 top-flight English football league titles, finished 15th in the 20-team Premier League this past season, far below its usual standards.
- However, it made it to the final of the UEFA Europa League, and it attributed the revenue gains to “additional matches played in the quarter as a result of strong performance” in the competition.
Manchester United (MANU) had a disappointing 2024-25 Premier League campaign. Its deep UEFA Europa League run, however, led to better-than-expected revenue gains in the fiscal third quarter.
The soccer giant on Friday reported quarterly revenue that surged 17% year-over-year to 160.5 million British pounds ($217.1 million). Analysts surveyed by Visible Alpha had expected 157.3 million pounds ($212.8 million).
Manchester United attributed the revenue gains to “additional matches played in the quarter as a result of strong performance in the UEFA Europa League and high demand for the Club’s hospitality offering.”
Manchester United, which has a record-tying 20 top-flight English football league titles, finished 15th in the 20-team Premier League this past season, far below its usual standards. However, it made it to the final of the Europa League, losing 1-0 to Tottenham Hotspur.
The company raised its fiscal 2025 adjusted EBITDA outlook to between GBP180 million and GBP190 million from GBP145 million to GBP160 million. It also lifted the low end of its revenue projection to between GBP660 million and GBP670 million, which it sees “at the higher end” of the range.
Manchester United stock soared close to 15% in recent trading Friday, but remains down about 9% for the year so far.