Celtic (GB:CCP) has released an update.
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Celtic PLC reported a successful year with an increase in revenue to £124.6m and a pre-tax profit of £17.8m, though profit decreased compared to the previous year due to investments in players and rising operational costs. The company celebrated significant sports achievements, winning the Scottish Premiership and Scottish Cup, and securing a place in the UEFA Champions League for the next season. Despite economic challenges and strategic investments in player transfers, the club maintains a strong financial position with a year-end cash balance of £77.2m.
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