Borussia Dortmund beat Paris 1-0 in the second leg of the Champions League semifinals on Tuesday, making the aggregate score 2-0 and successfully advancing to the final. At the same time, Dortmund's parent company also released an announcement to raise its earnings forecast for the fiscal year. Dortmund's parent company, a listed joint-stock bipartite company, said in an announcement on its official website that it discloses information within the company in accordance with European Union regulations and takes full responsibility for the accuracy of the announcement's content. The announcement states that Dortmund has raised its earnings forecast for the financial year due to the team's success in reaching the Champions League final. The new forecast raises the consolidated net profit forecast range for FY23/24 to €40-50 million.
This is another adjustment after Dortmund raised its earnings forecast for the current fiscal year on April 17, when it predicted a consolidated net profit range of 33-45 million euros. The new forecast is based on value-added facts in the period prior to the completion of the preparation of the annual financial report, as well as on all information obtained after the reporting period in the course of the audit of the consolidated financial report for the 23/24 financial year, the announcement stated. Borussia Dortmund will face Real Madrid for the Champions League title at Wembley Stadium on June 2 at 3 a.m. GMT. This boost to the fiscal year's earnings forecast bodes well for the team's excellent performance in the Champions League final and the positive momentum of the team's development.
