Revenue and profits up for Madison Square Garden in 2018
The Madison Square Garden company have posted good results for fiscal year 2018, thanks in part to successful sponsorships and bookings
News By | 17 August 2018
Posting their financial results yesterday, the Madison Square Garden Company (MSG) has reported strong growth in revenue and operating income in fiscal year 2018.
Over the course of the fiscal year, the group generated approximately $1.6 billion in revenue, representing an increase of some 18 per cent compared to 2017’s efforts. On top of this, the Company generated operating income of $18.9 million, an increase of $79.2 million and an adjusted operating income (AOI) of $193.8, up $96.2 million on last year’s results.
Speaking on the…
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