Borussia Dortmund’s Q221 trading update showed higher profitability year-on-year due to active cost control despite lower revenue in aggregate as a result of COVID-19, and noting that the majority of revenue sources increased. Our recent Outlook note highlighted the attractive financial characteristics of Borussia Dortmund’s business, in isolation and versus its peers, in ‘normal’ times. Therefore, the company should be a prime beneficiary of life returning to normal, with improving momentum in ....
10 Feb 2021
Borussia Dortmund - Passing the financial fitness test
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Borussia Dortmund - Passing the financial fitness test
Borussia Dortmund GmbH & Co. KGaA (BVB:ETR) | 0 0 0.0%
- Published:
10 Feb 2021 -
Author:
Russell Pointon -
Pages:
7
Borussia Dortmund’s Q221 trading update showed higher profitability year-on-year due to active cost control despite lower revenue in aggregate as a result of COVID-19, and noting that the majority of revenue sources increased. Our recent Outlook note highlighted the attractive financial characteristics of Borussia Dortmund’s business, in isolation and versus its peers, in ‘normal’ times. Therefore, the company should be a prime beneficiary of life returning to normal, with improving momentum in ....