Celtic PLC Trading update for the year ended 30 June 2023 (2312F)

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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 2018). Upon the publication of this announcement, this inside information is now considered to be in the public domain.

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: [phone] 
  Michael Nicholson 
  Chris McKay 
 Canaccord Genuity Limited, Nominated   Tel: [phone] 
  Adviser and Broker 
  Simon Bridges 
  Thomas Diehl 
 

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July 06, 2023 11:00 ET (15:00 GMT)