Earnings release
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Sout MAN UNITED MANCHESTER UNITED PLC REPORTS SECOND QUARTER FISCAL 2021 RESULTS Released : 03/04/2021 Key Points • Staggered return of fans in the UK expected from May as lockdown measures ease ; UK vaccination program expected to offer first dose to all eligible adults by 31 July • Men's squad strengthened by the addition of Amad Diallo and the women's team by Norwegian international Maria Thorisdottir • Mason Greenwood signed a new contract to 2025 , with option to extend for an additional year • Increased digital engagement , both sequentially and year over year , drove record - breaking Club e - commerce sales of all three 2020/21 Men's kits • Club's November launch on TikTok achieved the fastest growing following of any football club on the platform Key Financials ( unaudited ) MANCHESTER , England . - - 4 March 2021 - Manchester United ( NYSE : MANU ; the " Company " and the " Group " ) - one of the most popular and successful sports teams in the world - today announced financial results for the 2021 fiscal second quarter ended 31 December 2020 . Management Commentary Ed Woodward , Executive Vice Chairman , commented , " As we approach a full year since our last game with fans at Old Trafford , we reflect on an extraordinarily challenging 12 months for football and society as a whole . The rapid rollout of vaccines in the UK and beyond gives us confidence that we are now on a path towards normality , including the return of fans to stadia . While the disruption to our operations remains significant , we are pleased by the tremendous resilience the club has demonstrated through the pandemic , underpinned by the dedication of our people and the strength of our commercial business . We have been reminded of the importance of football as a source of community , entertainment and pride to fans around the world , even as we have sorely missed them at Old Trafford . The progress made by Ole and the players this season is clear and our thriving Academy and Women's team are also adding to the optimism we feel about the future on and off the pitch . " £ million ( except earnings Three months ended 31 per share ) December Commercial revenue Broadcasting revenue Matchday revenue Total revenue Adjusted EBITDA ( 1 ) Operating profit 2020 62.6 108.7 1.5 2Q Fiscal 2021 Revenues of £ 172.8 million 2Q Fiscal 2021 Adjusted EBITDA of £ 70.3 million 2Q Fiscal 2021 Operating Profit of £ 48.5 million 172.8 70.3 48.5 2019 70.6 64.7 33.1 168.4 72.1 36.5 Change ( 11.3 % ) 68.0 % ( 95.5 % ) 2.6 % ( 2.5 % ) 32.9 % Six months ended 31 December 2020 122.3 156.3 3.2 281.8 91.1 21.4 2019 151.0 ( 19.0 % ) 97.6 55.2 303.8 Change 47.5 60.1 % ( 94.2 % ) ( 7.2 % ) 106.9 ( 14.8 % ) Back ( 54.9 % )