>Double-digit top-line growth but sharp profit decline - Yesterday, CTS Eventim released mixed Q3 2024 results. In Q3 2024, revenue rose 13% y-o-y to € 825m, 8% above the consensus despite a very tough base. The Ticketing business was up 19%, supported by major artists including Ed Sheeran, Iron Maiden, Gilberto Gil and Vasco Rossi. Live Entertainment sales grew 11%. Adjusted EBITDA decreased 30% y-o-y to € 121m, 16% below consensus. Last year’s payment from autoticke...
>Double-digit top line growth in Q3, but sharp decline in EBITDA - In Q3 2024, revenue increased 13% y-o-y to € 825m (consensus: € 765m, ODDO BHFe: € 763m) 8% above the consensus despite a very tough base. The Ticketing business was up 19% and Live Entertainment sales grew 11%. Adjusted EBITDA decreased 30% y-o-y to € 121m (consensus: € 144m, ODDO BHFe: € 143m), 16% below consensus. Last year’s payment from autoticket (€ 38m) inflated adjusted EBITDA in Q3 2023. Bu...
EQS-News: CTS Eventim AG & Co. KGaA / Schlagwort(e): Quartals-/Zwischenmitteilung/9-Monatszahlen CTS EVENTIM: Umsatz durchbricht 2-Milliarden-Euro-Schallmauer erstmals nach neun Monaten (News mit Zusatzmaterial) 21.11.2024 / 08:00 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Pressemitteilung CTS EVENTIM: Umsatz durchbricht 2-Milliarden-Euro-Schallmauer erstmals nach neun Monaten Starkes Wachstum in den ersten neun Monaten: Konzernumsatz +15,8 Prozent auf 2,027 Milliarden Euro, Adjusted EBITDA +12,1 Prozent auf 322,7 Millionen Euro...
EQS-News: CTS Eventim AG & Co. KGaA / Key word(s): Quarterly / Interim Statement/9 Month figures CTS EVENTIM: revenue breaks through the EUR 2 billion barrier for the first time in a nine-month period (news with additional features) 21.11.2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. Press Release CTS EVENTIM: revenue breaks through the EUR 2 billion barrier for the first time in a nine-month period Strong growth in the first three quarters of 2024: consolidated revenue rises by 15.8% to EUR 2.027 billion and adjusted EBITD...
>Over 20% increase in revenue and EBITDA - CTS Eventim this morning released strong Q2 2024 results. In Q2 2024, revenue increased 21% to € 794m (consensus: € 686m, ODDO BHF est.: € 687m), 16% above the consensus and with both segments contributing. The Ticketing business was up 29% and Live Entertainment sales grew 20%. Besides the traditionally strong home market of Germany, international business once again delivered significant growth in Q2. In Ticketing, three ou...
EQS-News: CTS Eventim AG & Co. KGaA / Key word(s): Half Year Report CTS Eventim AG & Co. KGaA: Accelerated growth in the second quarter (news with additional features) 22.08.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. Press Release Accelerated growth in the second quarter Consolidated revenue growth in the second quarter of 2024 was considerably stronger than in the first quarter. Excellent year-on-year growth of 23.3% in adjusted EBITDA in the second quarter was even higher than the corresponding revenue growth of 21.2%....
EQS-News: CTS Eventim AG & Co. KGaA / Schlagwort(e): Halbjahresbericht CTS Eventim AG & Co. KGaA: Beschleunigtes Wachstum im 2. Quartal (News mit Zusatzmaterial) 22.08.2024 / 07:30 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Pressemitteilung Beschleunigtes Wachstum im 2. Quartal Der Konzernumsatz wächst im 2. Quartal deutlich stärker als in den ersten drei Monaten des Jahres. Das starke Plus von 23,3 Prozent beim Adjusted EBITDA übertrifft im 2. Quartal das Umsatzwachstum von 21,2 Prozent im Vergleich zum Vorjahreszeitraum. Aufg...
>Q1 profits some 8% above consensus, FY 2024 outlook confirmed - This morning CTS Eventim released strong Q1 2024 results. In Q1 2024, revenue increased 12% to € 409m (consensus: € 400m, ODDO BHFe: € 398m) which is 2% above consensus and with both segments contributing. The Ticketing business was up 23% and Live Entertainment sales grew 5%. Adjusted EBITDA was 8% above the consensus and amounted to € 92m (consensus: € 86m, ODDO BHFe: € 87m) which is an increase of 23...
EQS-News: CTS Eventim AG & Co. KGaA / Schlagwort(e): Quartals-/Zwischenmitteilung/Quartalsergebnis CTS EVENTIM setzt sein Wachstum im 1. Quartal 2024 fort (News mit Zusatzmaterial) 23.05.2024 / 07:30 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. CTS EVENTIM setzt sein Wachstum im 1. Quartal 2024 fort Konzernumsatz (+11,6 Prozent) und Adjusted EBITDA (+36,3 Prozent) zeugen von einer hohen Dynamik auch im Jahr 2024 und stützen damit den Trend. CEO Klaus-Peter Schulenberg: „CTS EVENTIM ist im ersten Quartal nicht nur operativ anhalte...
EQS-News: CTS Eventim AG & Co. KGaA / Key word(s): Quarterly / Interim Statement/Quarter Results CTS EVENTIM continues on its growth course in the first quarter of 2024 (news with additional features) 23.05.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. CTS EVENTIM continues on its growth course in the first quarter of 2024 Consolidated revenue (up by 11.6%) and adjusted EBITDA (up by 36.3%) reflect the fast pace of growth once again in 2024, underpinning the expansionary trend. CEO Klaus-Peter Schulenberg: “CTS EVENTIM achi...
America’s solid economy and Europe’s improving macro sentiment have prompted us to reiterate our winning calls: long USA vs Europe and - within Europe - long Cyclicals vs Defensives. Also within Europe, we are switching to long Value vs Growth and have overhauled our sector allocation ; furthermore it nows incorporates a chart analysis. Our favourite sectors are as follows: Banks, Financial Services, Insurance, Media, Energy, Industrial Goods & Services, Travel & Leisure, Constructio...
La solidité de l’économie américaine et l’amélioration du sentiment macroéconomique en Europe nous conduisent à maintenir nos calls gagnants : long USA vs Europe et - en Europe - long Cycliques vs Défensives. Toujours en Europe, nous basculons long Value vs Growth et modifions en profondeur notre allocation sectorielle ; nous y intégrons également une analyse chartiste. Nos secteurs préférés sont : Banks, Financial Services, Insurance, Media, Energy, Industrial Goods & Services, Tra...
>Positive profit outlook for FY 2024 - After providing prelims for 2023 in February, CTS Eventim last week released final 2023 results in line with prelims. Management also gave an outlook for FY 2024: The company expects a moderate rise in revenue and EBIT is expected to be at the level of 2023, although the previous year included one-off income from damages payments from autoTicket and Corona subsidies totalling € 49m. Without these non-recurring items, adjusted EBI...
EQS-News: CTS Eventim AG & Co. KGaA / Schlagwort(e): Jahresbericht/Jahresergebnis CTS EVENTIM feiert 18. Rekordjahr seit Börsennotierung (News mit Zusatzmaterial) 26.03.2024 / 07:28 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. CTS EVENTIM feiert 18. Rekordjahr seit Börsennotierung Der Jahresumsatz durchbricht erstmals die 2-Milliarden-Euro-Schallmauer und wächst auf 2,359 Milliarden Euro (+ 22 %) – der 18. Rekordwert seit Börsennotierung im Jahr 2000. Das normalisierte EBITDA klettert auf 501,4 Millionen Euro (+ 32 %). Die geplant...
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