Schalke 04 Reports Balanced Result and Predicts Profit

Performance in the First Half of the Season

Schalke 04, the German Bundesliga club, has released its financial results for the first half of the 2022/23 season. The club reported a balanced result, with revenues and expenses largely in line with expectations.

Revenue Growth and Cost Control

Schalke's revenue increased by 12% compared to the same period last year, primarily driven by higher broadcasting and sponsorship income. The club also implemented cost-saving measures, leading to a reduction in operating expenses.

Positive Outlook for the Future

Based on the strong financial performance in the first half of the season, Schalke 04 is optimistic about the future. The club expects to achieve a profit for the full 2022/23 financial year.

Focus on Sustainability and Growth

Schalke 04 remains committed to its long-term sustainability and growth strategy. The club is investing in its youth academy, infrastructure, and fan engagement initiatives to ensure its continued success on and off the pitch.

Quotes from Club Officials

"We are pleased with the balanced result in the first half of the season," said Schalke 04 CEO Bernd Schröder. "Our revenue growth and cost control measures have put us in a strong financial position."

"We are confident in our ability to achieve our financial targets for the full year and continue to invest in the future of Schalke 04," added Schröder.