Continued growth: adjusted for transfers, BVB sets new revenue record

Borussia Dortmund GmbH & Co. KGaA generated its second-highest ever revenue in financial year 2018/19. While the EUR 489.5 million in revenue fell short of the record set in the previous year (EUR 536.0 million), that figure had been heavily influenced by transfers. However, when adjusted for transfers, revenue actually increased from EUR 313.3 million in the previous year to EUR 369.3 million.
Borussia Dortmund continues to flourish, both on and off the pitch. Adjusted for transfers, consolidated revenue rose by EUR 56.0 million or 17.9% between 1 July 2018 and 30 June 2019 to EUR 369.3 million (previous year: EUR 313.3 million). That news was announced today by chairman of the management Hans-Joachim Watzke and managing director Thomas Treß at the annual press conference on the preliminary figures for financial year 2018/19. BVB generated EUR 17.4 million in consolidated profit after taxes in a fiercely competitive environment. "BVB has equity of EUR 355 million, which puts the equity ratio at over 70%," noted Hans-Joachim Watzke.
"We are a strong brand, and are in the top three wherever it counts," he added before outlining the opportunities for further growth. "There will be no let-up in our efforts on the German market but we will keep working just as hard abroad, particularly in the US and Asia. Our travels are paying off. The US tour was an overwhelming success." On the pitch, "we've laid the groundwork for a successful season. We have a strong team and great coaches. We will give it everything we've got to achieve our goals."
Consolidated earnings before taxes (EBT) amounted to EUR 21.8 million (previous year: EUR 34.7 million); consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR 116.0 million (previous year: EUR 137.3 million). The key revenue driver was income from domestic and international TV marketing. Managing director Thomas Treß also pointed to sponsoring, another growth factor that expanded by EUR 3 million thanks in large part to the international marketing of virtual advertising boards. "Digitalisation shows the direction for further growth," said Treß.
The management will recommend that the Supervisory Board approve the joint proposal to the Annual General Meeting that it resolve to again distribute a dividend of EUR 0.06 per share as in the previous year.

Presentation at Annual Press Conference (German version only)