Germany · Delayed Price · Currency is EUR CTS Eventim AG & Co. KGaA Earnings Call Transcripts
Fiscal Year 2025
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Record revenue and EBITDA growth in 2025, driven by strong ticketing and live entertainment, with international expansion and digital engagement. 2026 guidance expects stable or slightly higher KPIs, cautious outlook due to contract changes and macro risks.
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Q3 2025 delivered strong growth in ticketing and live entertainment, with group revenue up 6% and adjusted EBITDA up nearly 5% year-over-year. Integration of C-tickets and France Billet boosted international performance, and mobile ticketing rollout is set to accelerate in 2026.
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Revenue grew 8% year-on-year to nearly EUR 1.3 billion, with record Ticketing results and stable group profitability despite integration costs and festival challenges. Guidance for 2025 is confirmed at the lower end of the 5%-15% EBITDA growth range.
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Q1 saw 22% revenue growth to nearly €500 million, driven by acquisitions and international ticketing expansion, with adjusted EBITDA up 9% despite margin dilution from integration costs. Full-year guidance is reaffirmed, with CapEx elevated for Milan arena construction and integration costs expected to subside by year-end.
Fiscal Year 2024
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Double-digit revenue and EBITDA growth in 2024 was driven by strong ticketing and live entertainment, with record Q4 results and a positive outlook for 2025. Acquisitions of See Tickets and France Billet boost international scale, while new metrics and cautious live entertainment guidance reflect evolving business dynamics.
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Revenue and adjusted EBITDA grew 18% and 29% year-over-year, driven by strong demand and the See Tickets acquisition. Upgraded 2024 guidance expects at least 15% adjusted EBITDA growth, with international markets and sponsorships contributing significantly.