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Rangers accounts for six months to 31/12/18 – a few highlights

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Rangers have released their half-yearly figures online today – https://rangers.co.uk/news/headlines/financial-review-4/

The main points are:

  • Revenues up 82%, to £35.3m
  • Operating Profit, before Player transactions, of £6.7m (this is excellent and compares fav orallywith Celtic’s recent Interim results of £6.2m) .
  • Operating Profit of £3.8m, up from a loss of £1.1m in the previous Interim Results
  • Successful Share Issue, raising £1.5m and converting £11.1m of loans, strengthening the Balance Sheet

Further evidence of Rangers financial health improving steadily.

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