Bavaria reported record earnings

20 November 2018, 21:49 | Football
ФК Бавария
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Bavaria announced revenues of 624.3 million euros at the end of the 2017/18 season, which is a record figure for the club.

At the same time, earnings before interest and taxes amounted to 110.1 million euros, and annual profit after taxes - 22.0 million euros.

"Bavaria is very pleased with the financial results for the reporting year 2017/2018. In addition to good sporting results, including a victory in the German Championship and a good performance in the Champions League, these figures are more than evidence that this was a good year financially, "said Karl-Heinz Rummenigge.



"I would like to thank my colleagues on the board of Jan-Christian Dreuzen, Andreas Jung and Jorg Wacker, as well as the entire supervisory board for their professional, trustful and successful cooperation. Special thanks to the workers and workers of Bavaria for their dedication, which led to these very pleasant results ".

At the same time, the total revenues of the group amounted to 657.4 million euros, which resulted in an annual profit of 29.5 million euros after deducting taxes.

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Based on materials: fcbayern.t-com.de



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