Eagle Football Group (EFG) Q1 24/25 TU earnings summary

Executive summary

• Operating revenue rose 12% year-over-year to €36.5M, driven by Europa League participation.

• Total revenue fell 46% to €66.1M due to a 67% drop in player trading income.

Financial highlights

• Ticketing revenue increased 15% to €7.3M, with European matches contributing €0.6M.

• Media and marketing rights grew 26% to €9.1M, offset by a 61% decline in domestic TV rights.

• Sponsoring and advertising revenue declined 13% to €6.7M, mainly due to deconsolidation of certain entities.

• Brand-related revenue rose 13% to €6.0M, with strong growth in derivative products and branded items.

• Events revenue increased 22% to €7.5M, boosted by Olympic and UEFA Nations League matches.

Outlook and guidance

• Player trading revenue is expected to depend on activity in the January and summer transfer windows.