on OLYMPIQUE LYONNAIS GROUPE (EPA:OLG)
Olympique Lyonnais 2023/24 financial results
Olympique Lyonnais Groupe announces a 25% increase in operating income, reaching €361.4 million. Gross operating surplus amounts to €44.2 million, a notable increase. Net income also improves, although it remains negative at -€25.7 million, marking an improvement of €73.2 million compared to the previous financial year.
The balance sheet analysis shows a significant increase in assets related to player contracts. Net debts reached €463.8 million as of June 30, 2024, up from the previous year. Player acquisitions and disposals had a strong impact on the year's accounts.
Finally, despite better operating results, the group faces uncertainties regarding its continued existence, according to the auditors' report.
R. P.
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