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  OL GROUPE company press release from 07/07/2022

  07/07/2022 - 19:40

REVISION OF MEDIUM-TERM OBJECTIVES AND ESTIMATED REVENUE GROWTH 2021/22


Lyon, July 7, 2022

To take into account the sporting performance of the past season, which will not allow to play in the European competitions in 2022/23, and the economic environment characterized by increasing interest rates and inflation, the company wishes to update its medium-term objectives: it is now aiming, by 2025/26[1] , for total revenues in the range of €400 to €420 million (assuming, among other things, Champions League qualification and including players' trading) and EBITDA of more than €90 million.

On July 25, the company will issue a press release on its activities for the fiscal year ended June 30, 2022. It already estimates that total revenues from activities should reflect an increase of around 40%[2] compared to N-1, significantly higher than the 29% increase observed as of March 31, 2022. As a reminder, the total revenues from activities and the EBITDA on June 30, 2021 were respectively 177,4M€ and -33,9M€.

 

 

 
OL Group

Tel:
+33 4 81 07 55 00
Fax : +33 4 81 07 45 65

Email : investisseurs@ol.fr

www.ol.fr
 
Euronext Paris - compartment C

Indices: CAC Small - CAC Mid & Small - CAC All-Tradable
CAC All-Share - CAC Consumer Discretionary
ISIN Code: FR0010428771
Reuters: OLG.PA
Bloomberg: OLG FP
ICB : 40501030 Leisure Services

[1] Subject to the completion of the transactions with Eagle Football Holdings, LLC described in the June 20, 2022 press release

[2] On the basis of unaudited estimated data


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  Original Source: OL GROUPE