Borussia Dortmund (BVB) H2 23/24 earnings summary

Executive summary

• Borussia Dortmund achieved record group revenue of EUR 509.1m in FY 2023/24, reflecting strong commercial and sporting performance, notably UEFA Champions League success and higher transfer proceeds.

• Consolidated net profit rose to EUR 44.3m, up EUR 34.7m year-over-year.

• The club's diversified business model leverages match operations, TV marketing, advertising, merchandising, and transfer deals.

• Consistent participation in European competitions underpins revenue growth and global brand exposure.

• Borussia Dortmund maintains a leading position in the Bundesliga and ranks among the top 20 European clubs by revenue.

Financial highlights

• Group revenue rose to EUR 509.1m in 2023/24 from EUR 418.2m in 2022/23, a 22% year-over-year increase.

• Net transfer income reached EUR 97.9m, up from EUR 72.5m in the prior year.

• EBITDA improved to EUR 150.3m, compared to EUR 83.8m in 2022/23.

• Net income for the year was EUR 44.3m, up from EUR 10.8m in 2022/23.

• TV marketing remained the largest revenue stream, contributing EUR 206.1m.

Outlook and guidance

• The club targets further growth in sponsorship, VIP hospitality, and international digitalization.

• Ongoing focus on player development, talent acquisition, and maintaining competitiveness in domestic and European competitions.

• ESG initiatives and sustainability reporting are set to continue, with a commitment to decarbonization and social responsibility.

• Management intends to recommend a dividend of EUR 0.06 per share for the 2023/2024 financial year, subject to approval at the Annual General Meeting.