Wanda Sports Group Company Limited announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2019. For the quarter, the company reported revenue of €255,484,000 against €263,224,000 a year ago. Loss was €258,566,000 against profit of €18,617,000 a year ago. Basic loss attributable to ordinary equity holders of the parent was €1.26 against profit of €1.11 a year ago. Basic loss attributable to ADS holders of the parent was €1.89 against profit of €0.16 a year ago.

For the year, the company reported revenue of €1,030,080,000 against €1,129,186,000 a year ago. Loss was €273,836,000 against profit of €54,012,000 a year ago. Basic loss attributable to ordinary equity holders of the parent was €1.45 against profit of €0.31 a year ago. Basic loss attributable to ADS holders of the parent was €2.18 against profit of €0.45 a year ago.

The company reported impairment of goodwill of €254,326,000 for the fourth quarter of 2019.

Due to the significant uncertainties relating to scope, duration and impact of COVID-19, The company currently are unable to reasonably estimate what 2020 financial performance will be and, accordingly, are not providing any updated guidance.