CTS Eventim jumps as live entertainment drives Q1 beat

CTS Eventim AG & Co KGaA

29/05/2026 08:28

** Shares in German ticketing firm CTS Eventim EVDG.DE jump 12% after it posted a beat on Q1 sales and core profit on Thursday, boosted by strong momentum in its Live Entertainment unit
** It reports a 23% revenue rise to €613.5 million ($714.6 million); adjusted EBITDA up 18.5% at €118.9 million
** J.P. Morgan says CTS had a strong start to 2026, beating consensus by 7% on revenue and by 2% on adjusted EBITDA, which signals solid underlying momentum
** The stock leads gains on Europe's benchmark STOXX 600 index .STOXX and is on track for its biggest one-day gain since November 2020
($1 = 0.8585 euros)

(Reporting by Anastasiia Kozlova)
((Anastasiia.Kozlova@thomsonreuters.com))