CTS Eventim AG & Co KgaA
XMUN:EVD
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CTS Eventim AG & Co KgaA
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Earnings Calls
Last Earnings Call
Profit growth: CTS Eventim said H1 2026 revenue rose 17% to EUR 1.5 billion and adjusted EBITDA increased 12.4% to EUR 225 million, with EBIT also up 15.3%.
Ticketing strength: Ticketing revenue grew 14%, or nearly 20% on a like-for-like basis excluding the Stage partner change, while retail ticket volume reached 81 million and was slightly above last year.
Live Entertainment: Live Entertainment crossed EUR 1 billion of first-half revenue for the first time, with adjusted EBITDA rising to EUR 53 million and margin expanding to 5%.
LA28 update: Management said the first LA28 ticket drop contributed a low to mid-double-digit million revenue amount in Q2 at about 20% to 25% margin, and the second drop has just concluded.
Outlook: The company reiterated full-year guidance and said it remains positive on the year, but is being somewhat conservative because of the geopolitical environment.
Operational program: The new operational excellence program will create temporary 2026 costs, with benefits expected to start from 2027 as part of the company’s 2030 growth ambitions.