Upcoming Borussia Dortmund Shareholders Meeting Gathers Investors' Attention
Following a day after the members' annual meeting, Borussia Dortmund shareholders will convene on Monday at 11 a.m. in the Westfalenhalle. The management led by Hans-Joachim Watzke will present the club's financial status to its shareholders, highlighting progress since the coronavirus pandemic.
The 2022/2023 fiscal year (ending June 30) marked the first time Borussia Dortmund reported a profit since the pandemic, amounting to almost 10 million euros. By contrast, the club reported a 32 million euro loss in the 2021/2022 financial year. The global health crisis cost the club a total of 150 million euros, according to Watzke's August press conference.
Recent performances in the Bundesliga resulted in fan frustration, coupled with losses against Bayern Munich and VfB Stuttgart. In the Champions League, the team coached by Edin Terzic is still pushing for quarterfinal qualification. Borussia Dortmund meets AC Milan on November 28 to advance in the tournament.
Shareholders might raise questions about the team's stock exchange performance, considering its recent setbacks or positive achievements. Aside from the upcoming soccer clash against AC Milan, fans' concerns might include how the team fares in Bundesliga matches against powerhouse rivals like Bayern Munich and VfB Stuttgart.
Enrichment Insight
Borussia Dortmund's stock performance has witnessed a downward trend due to their inconsistent performances on the pitch and the drop in net transfer income. Negative financial indicators, such as decreased consolidated net income, revenue, and EBITDA, have contributed to the share price fluctuations. Despite a 3-0 victory over Sporting CP in the Champions League, the overall Bundesliga performance has been subpar, with only two wins in the past 10 top-flight matches.
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