Brøndby IF's Mid-Season Report Shows Promising Developments

Brøndby IF's Mid-Term Performance Overview

BRØNDBYERNES IF FODBOLD A/S

Cvr.nr. 83 93 34 10

Brøndby, 2025

Company Announcement No. 6/2025

Mid-Season Report for the Period July 1, 2024 – December 31, 2024

The board and management team have approved the mid-season report for the first half of the 2024/25 season, covering July 1 to December 31, 2024, for Brøndbyernes I.F. Fodbold A/S.

Sports Performance Highlights

Brøndby IF's men's team finished the first half of the Superliga season in fifth place, just six points away from the top. This encourages a positive outlook for the upcoming spring matches. The team has advanced in the Cup Tournament, securing a spot in the semifinals.

Meanwhile, the women's team wrapped up the autumn season in third place in the Women's League, positioning them well for the championship play ahead. They have also qualified for the quarterfinals in the Women's Cup. Notably, Brøndby IF has made significant strides by establishing full-time professionalism for the women's first team.

Financial Overview

On February 4, 2025, Brøndby IF successfully completed a pre-commitment issuance that was announced on January 10, 2025. This fundraising effort resulted in gross proceeds of approximately 171 million Danish krone, translating to a net amount of around 164 million krone after estimated expenses associated with the issuance.

During this period, Brøndby IF's net revenue reached 141.5 million krone, an increase from 126.0 million krone during the same timeframe last year. This improvement is primarily attributed to rising income from match operations and participation in UEFA Conference League qualification rounds.

However, expenditures, including depreciation and amortization, amounted to -175.2 million krone, up from -154.1 million krone in the previous year. This increase is largely due to higher personnel costs and a greater number of home games during the autumn of 2024.

Transfer Activities and Financial Impact

The results from transfer activities showed a loss of -17.2 million krone in this period compared to a gain of 50.1 million krone last year. This decline is influenced by strategic decisions to retain valuable players while incurring higher amortization on contract rights.

Before taxes, the first-half result for 2024/25 reflects a loss of -56.4 million krone, contrasting with a gain of 24.1 million krone in 2023. The company's personnel cost rise and the downturn in transfer income are the primary factors impacting this result.

These forecasts align with those communicated in Company Announcement No. 3/2024, released on October 4, 2024, maintaining an expected loss in the range of -100 million krone to -60 million krone for this year.

Management's Remarks

Best regards,
Brøndby IF
Ole Palmå
Chief Executive Officer

For additional information, please contact CEO Ole Palmå at 43 63 08 10.

Frequently Asked Questions

What were the highlights of Brøndby IF's mid-season report?

Key highlights include the men's team ranking fifth in the Superliga, a successful women's team, and strong financial growth through various income streams.

How did Brøndby IF perform in the Cup Tournament?

The men's team has advanced to the semifinals in the Cup Tournament, showcasing their competitive strength and readiness for upcoming challenges.

What were the financial results for Brøndby IF?

The club reported net revenues of 141.5 million krone, with expenses increasing due to higher personnel costs and the number of home games.

What is the current status of the women's team?

The women's team concluded the autumn season strong in third place and has marked a historic shift to full-time professionalism for the first team.

What are the expectations for the remainder of the season?

The club anticipates a continued focus on strategic gameplay and financial management, with a goal of minimizing losses for the fiscal year.

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