CELTIC released their six month interim report this afternoon and it makes for impressive reading!
Revenue is up! Profit is up! In Europe beyond Christmas. It’s been a great six months for the club. These reports don’t take into account any January transfer business, nor will it show our cut of the Virgil van Dijk record transfer.
• Currently top of the SPFL Premiership
• Winners of the Scottish League Cup for the second season in a row
• 19 home fixtures (2016: 18)
• Successfully qualified for the Group Stages of UEFA Champions League
• Secured European football after Christmas by qualifying for the round of 32 of the Europa League
• Revenue increased by 16.8% to £71.5m (2016: £61.2m)
• Profit from trading was £23.7m (2016: £21.4m)
• Profit from transfer of player registrations (shown as profit on disposal of intangible assets) £0.5m (2016: £2.0m)
• Profit before taxation of £19.5m (2016: £18.6m)
• Profit after taxation of £17.4m (2016: £18.6m)
• Period end net cash at bank of £30.9m (2016: £18.6m)
I am pleased to report on our interim results for the period ended 31 December 2017. These show revenue of £71.5m (2016: £61.2m) and a profit from trading of £23.7m (2016: £21.4m). Overall this resulted in a profit before taxation of £19.5m (2016: £18.6m) and a period end net cash at bank of £30.9m (2016: £18.6m). The introductory page to these interim results summarises the main highlights.