Adjusted profit for the three months to December last year rose to £19.8 million (R360m) from £19m a year earlier.
Total revenue rose to £122.9m from £110.1m, with commercial income up 19 percent to £42.3m. Broadcasting revenue increased 19 percent to £46.9m, while matchday income fell 3.7 percent to £33.7m.
The profit figure was adjusted for factors related to the club's initial public offering in 2012, the repurchase of senior secured notes and other items, the company said yesterday.
Jefferies expects an 11 percent rise in quarterly revenue to £122m, "driven largely by growth in the company's commercial arm".
"Although the team has struggled on the field of late, we remain optimistic," Jefferies analyst
The club's 13-year jersey deal with
The club, owned by the US-based Glazer family, was recently passed by Bayern Munich as soccer's third-richest club by sales,
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