Source - Alliance News

Celtic PLC - Glasgow football club - For the six months ended December 31, swings to pretax profit of £27.6 million from a loss of £5.9 million the same period a year before, driven by gains from player trading, including the sales of Odsonne Edouard and Kristoffer Ajer, to London-based clubs Crystal Palace and Brentford FC, respectively.

Meanwhile, revenue rises 30% year-on-year to £52.9 million from £40.7 million, lifted by the return of fans to the club’s stadium as Covid-related restrictions ease, and the qualification for another season in the Europa League leading accompanying ticket sales that were absent a year prior.

Current stock price: 105.00 pence

12-month change: up 8.2%

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