record results in 2024 – continued dynamic growth thanks to a strong fourth quarter
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EQS-Ad-hoc: CTS Eventim AG & Co. KGaA / Key word(s): Annual Results AD HOC DISCLOSURE CTS EVENTIM: record results in 2024 – continued dynamic growth thanks to a strong fourth quarter Munich, 18 February 2025 – According to the preliminary results, CTS EVENTIM AG & Co. KGaA continued to deliver dynamic growth across all business segments in 2024. The very strong fourth quarter of 2024 ensured that the Group achieved new record levels of revenue and earnings. Consolidated revenue rose by 19,1% year on year to EUR 2.809 billion (previous year: EUR 2.359 billion). Both the Ticketing segment and the Live Entertainment segment drove this powerful growth. The Group’s adjusted EBITDA came to EUR 542.2 million in 2024, compared with EUR 444.8 million in the previous year. This represents a significant increase of 21.9%. In the Ticketing segment, revenue rose by 22.7% to EUR 879.9 million in 2024 (previous year: EUR 717.3 million). Adjusted EBITDA amounted to EUR 416.5 million (previous year: EUR 343.9 million), a significant increase of 21.1%. In the Live Entertainment segment, revenue climbed by 17.6% to EUR 1.971 billion (previous year: EUR 1.677 billion). Adjusted EBITDA increased significantly in this segment too, advancing by 24.4% to EUR 125.6 million (previous year: EUR 101.0 million). The full annual report for 2024 will be published on 27 March 2025 and will be available at corporate.eventim.de/en from that date.
ABOUT CTS EVENTIM CTS EVENTIM is a leading international ticketing and live entertainment company. Over 300 million tickets per year are marketed using the Company’s systems – through online/mobile portals and physical box offices. According to Pollstar’s global rankings for 2023, the Group is the second-biggest promoter in the world. In addition, CTS EVENTIM operates some of Europe’s most renowned venues. CTS Eventim AG & Co. KGaA (ISIN DE 0005470306) has been listed on the stock exchange since 2000 and is a member of the MDAX segment. In 2024, the Group generated revenue of EUR 2.8 billion across more than 25 countries.
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18-Feb-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | CTS Eventim AG & Co. KGaA |
| Rablstr. 26 | |
| 81669 München | |
| Germany | |
| Phone: | 0421/ 3666-0 |
| Fax: | 0421/ 3666-290 |
| E-mail: | info@eventim.de |
| Internet: | www.eventim.de |
| ISIN: | DE0005470306 |
| WKN: | 547030 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2087545 |
| End of Announcement | EQS News Service |
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2087545 18-Feb-2025 CET/CEST
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