CTS EVENTIM Reports Strong Third Quarter Growth with 13.8% EBITDA Increase

CTS EVENTIM, Europe's leading provider of ticketing services and live entertainment, generated further profitable growth in the third quarter of 2025 despite challenging economic conditions in Germany. Both revenue and earnings increased year on year, even though the results for the third quarter of 2024 had been boosted by temporary factors. The Group's consolidated revenue increased by 3.5% year on year to EUR 854.2 million, while adjusted EBITDA rose at a faster rate, surging by 13.8% to EUR 137.3 million.

Profitability improved significantly in the third quarter, with the adjusted EBITDA margin standing at 16.1% compared to 14.6% in the prior-year period. This improvement occurred even without adjusting for the ongoing integration effects for the ticketing and live entertainment companies acquired in 2024. Growing synergies and concerted efforts to manage costs throughout the Group were further contributory factors to the enhanced performance.

Klaus-Peter Schulenberg, CEO of CTS EVENTIM, commented on the results, stating that the performance illustrates the company is not only growing but also creating long-term value. He attributed the success to continually modernizing the technological infrastructure, significantly optimizing processes, and making progress with the integration of acquisitions.

The Ticketing segment maintained its growth trajectory despite the third quarter of 2024 having been boosted by non-recurring revenue, including revenue connected to the 2024 Olympic Games in Paris. In the third quarter of 2025, revenue in the Ticketing segment increased by 2.1% compared with the prior-year period to EUR 211.0 million. Adjusted EBITDA for the period climbed by 8.1% to EUR 91.0 million, with the adjusted EBITDA margin reaching 43.1%, up from 40.7% in the previous year.

The Live Entertainment segment significantly improved its profitability in the third quarter, with revenue increasing by 5.5% and adjusted EBITDA surging by 27.0% compared with the prior-year period. This strong performance almost entirely canceled out the decrease in adjusted EBITDA experienced in the first half of the year. Revenue in the Live Entertainment segment rose year on year to EUR 663.0 million, while adjusted EBITDA amounted to EUR 46.3 million, resulting in an adjusted EBITDA margin increase to 7.0% from 5.8% in the previous year.

For the first three quarters of 2025, the Group's overall performance remained strong with revenue advancing by 6.0% compared with the prior-year period to EUR 2.148 billion. Adjusted EBITDA swelled by 4.7% to EUR 337.9 million, with the adjusted EBITDA margin coming to 15.7%. The Ticketing segment showed particularly robust growth in the nine-month period, with revenue rising by 11.0% year on year to EUR 626.8 million and adjusted EBITDA advancing by 7.1% to EUR 257.8 million.

Given the robust growth achieved by both segments in the third quarter, the Executive Board is upholding the forecast published in the Annual Report 2024 for the Group for 2025 as a whole. The financial result in the third quarter was positive and thus improved year on year, though in the first nine months of the year, financial result and expenses continued to be affected by the development in the first two quarters.