CTS Eventim AG - the leading ticketing and live entertainment
entertainment group and the world's number two, once again grew profitably in the third quarter - despite a challenging economic environment in Germany.
economic environment in Germany.
Revenue and earnings increased year-on-year, although the prior-year quarter included temporary factors.
Profitability developed positively in the 3rd quarter:
The EBITDA margin increased compared to the previous year, even without adjusting for the ongoing integration effects for the Ticketing and
Live Entertainment companies acquired last year.
Other factors were growing synergies
synergies and consistent cost management throughout the Group.
The financial result in the third quarter is positive and has thus improved compared to the same period last year.
In the first 9 months, the financial result
continued to be influenced by the development of the first two quarters.
In the 3rd quarter of 2025, Group sales grew by 3.5% compared to the same
the same period of the previous year to 854.2 million euros.
Adjusted EBITDA rose disproportionately by 13.8% to 137.3 million euros.
The adjusted EBITDA margin was 16.1% (previous year: 14.6%).
Compared to the same period of the previous year, sales in the first three quarters rose
by 6.0% to 2.148 billion euros.
Adjusted EBITDA grew by 4.7% to
percent to 337.9 million euros.
The adjusted EBITDA margin amounted to 15.7% (previous year: 15.9%).
The Ticketing segment continued its growth trajectory despite the fact that the prior-year quarter was additionally boosted by non-recurring revenue, including from the Paris 2024 Olympic Games.
Revenue in the Ticketing segment in Q3 2025 increased by 2.1% compared to the
the same period of the previous year by 2.1% to EUR 211.0 million.
Adjusted EBITDA in the months of July to September grew by 8.1% compared to the
the same quarter of the previous year by 8.1% to EUR 91.0 million.
The adjusted EBITDA margin amounted to 43.1% (previous year: 40.7%).
Based on the months January to September 2025, revenue in the Ticketing segment increased by
Ticketing segment increased by 11.0% year-on-year to EUR 626.8 million.
Adjusted EBITDA grew by 7.1% to EUR 257.8 million.
euros.
The Adjusted EBITDA margin amounted to 41.1% (previous year: 42.6%).
Profitability in the Live Entertainment segment improved significantly in the third quarter.
Revenue increased by 5.5% compared to the same period of the previous
percent and Adjusted EBITDA by 27.0 percent.
This compensated for the decline
EBITDA from the first half of the year (-26.1%) was almost completely
nine-month period was almost completely offset.
In the third quarter of 2025, revenue in the Live Entertainment segment grew to
to EUR 663.0 million compared to the same period of the previous year.
Adjusted EBITDA amounted to
amounted to EUR 46.3 million in the 3rd quarter, which increased the adjusted EBITDA margin to
7.0% (previous year: 5.8%).
Revenue in the Live Entertainment segment increased by 4.2% year-on-year to EUR 1.557 billion in the first nine months of 2025.
At EUR 80.0 million, adjusted EBITDA was almost at the same level as in the
the same period in 2024.
Thanks to the strong 3rd quarter, the Adjusted
EBITDA margin for the first nine months was 5.1%, only slightly below the previous year's
below the previous year's figure of 5.5%.
Outlook:
Based on the robust growth of both segments in the 3rd quarter, the
Executive Board continues to adhere to the forecast made in the 2024 Annual Report
for the Group as a whole for the full year 2025.
