Celtic PLC Trading update for the year ended 30 June 2023 (2312F)
July 06 2023 - 11:00AM
UK Regulatory
TIDMCCP
RNS Number : 2312F
Celtic PLC
06 July 2023
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014 (as it forms part of United Kingdom
domestic law by virtue of the European Union (Withdrawal) Act
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6 July 2023
Celtic plc
("Celtic" or the "Club")
Trading update for the year ended 30 June 2023
Celtic has enjoyed a strong on pitch performance in the 2022/23
football season having won the domestic treble. In addition, it has
enjoyed a successful year in generating gains from player trading.
As a result of such gains, Celtic now expects earnings for the year
ended 30 June 2023 will be significantly higher than previous
expectations, which were formed before the conclusion of the season
and prior to certain player disposals.
Player registration valuations and player trading can and often
do materially influence Celtic's financial performance in addition
to trading revenue. The Summer transfer window is now open and
following the closure of the window and the finalisation of the
year end balance sheet review, the Club will then be in a position
to confirm the extent of its improved earnings by publishing its
results for the year ended 30 June 2023, in line with its usual
timetable in mid-September 2023.
For further information contact:
Celtic plc Tel: 0141 551 4235
Michael Nicholson
Chris McKay
Canaccord Genuity Limited, Nominated Tel: 020 7523 8350
Adviser and Broker
Simon Bridges
Thomas Diehl
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