DGAP-Ad-hoc: Borussia Dortmund GmbH & Co. KGaA / Key word(s): Forecast 
Borussia Dortmund issues earnings outlook for financial year 2020/2021 
25-May-2021 / 13:26 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
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Borussia Dortmund's financial performance this 2020/2021 financial year has been severely impacted by the COVID-19 
pandemic and the restrictions on public life imposed in its wake. The original assumptions - such as at least a partial 
return to fan attendance at the stadium during matches - have failed to materialise, particularly as the result of the 
third lockdown that has been in place since autumn 2020. Borussia Dortmund has nevertheless managed to limit somewhat 
the negative impact on earnings thanks in particular to its success in the UEFA Champions League and the DFB Cup. 
With match day #34 over and the 2020/2021 Bundesliga season complete, the management of Borussia Dortmund can now issue 
an outlook of the key earnings figures for the 2020/2021 financial year based on the information currently available. 
Borussia Dortmund now expects to report consolidated EBITDA of approximately EUR 33 million and a consolidated net loss 
of approximately EUR 75 million for the overall 2020/2021 financial year. This outlook is subject to any adjusting 
events that may occur in the period until the financial statements are finalised and information that may arise after 
the reporting period during the audit of the consolidated financial statements for the 2020/2021 financial year. 
Dortmund, 25th May 2021 
Borussia Dortmund GmbH & Co. KGaA 
Borussia Dortmund Geschäftsführungs-GmbH 
Contact: 
Dr. Robin Steden 
Inhouse Counsel / Investor Relations 
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25-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and 
Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      Borussia Dortmund GmbH & Co. KGaA 
              Rheinlanddamm 207 - 209 
              44137 Dortmund 
              Germany 
Phone:        0231/ 90 20 - 2746 
Fax:          0231/ 90 20 - 852746 
E-mail:       aktie@bvb.de 
Internet:     www.bvb.de/aktie // www.aktie.bvb.de 
ISIN:         DE0005493092 
WKN:          549309 
Indices:      SDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1200361 
 
End of Announcement  DGAP News Service 
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1200361 25-May-2021 CET/CEST


 
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May 25, 2021 07:27 ET (11:27 GMT)