CTS Eventim dives on a 'disappointing' outlook for 2026

CTS Eventim AG & Co KGaA

27/03/2026 09:11

** Shares in CTS Eventim EVDG.DE slump close to 16% after the German ticketing company's 'disappointing' 2026 outlook overshadowed in-line FY results

** CTS Eventim expects total revenue and adj. EBITDA in 2026 to remain flat y/y or increase slightly, having reported 2025 revenue of 3.07 billion euros ($3.54 billion) and adj. EBITDA of 584 million euros

** J.P. Morgan says the FY results met expectations but the 2026 outlook is a disappointment

** A local trader's comments echo the broker's view: "2026 outlook reads somewhat disappointing, which in the course should bring some pressure on the stock"

** Stock falls to its lowest level in three years

** The stock, which has lost about 31.6% YTD including Friday's session, is on track for the worst day since August 2025 if losses hold

** It sits at the bottom of Germany's mid-cap index .MDAXI

($1 = 0.8681 euros)

(Reporting by Ozan Ergenay)

((ozan.ergenay@thomsonreuters.com))