German ticketing firm CTS Eventim's H1 revenue rises on Live Entertainment strength

CTS Eventim AG & Co KGaA

20/08/2026 16:56

Overview
Germany ticketing and live events firm's H1 revenue rose 16.9% yr/yr to EUR 1.5 bln
Adjusted EBITDA for H1 up 12.4% yr/yr; EPS rose 34.2%
Growth driven by strong event demand in Germany, Italy, and the USA

Outlook
Company is upholding its forecast for the 2026 financial year

Result Drivers
LIVE ENTERTAINMENT PORTFOLIO - Co said strong international portfolio of tours, concerts, and festivals, especially in Germany, Italy, and USA, drove segment growth
TICKETING PROFITABILITY - Ticketing segment achieved double-digit revenue growth and maintained high profitability, despite temporary margin effects
FAVORABLE EXCHANGE RATES - Significant improvement in financial result due to favorable exchange rate effects boosted earnings

Company press release: ID:nEQ9KCzPBa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
EUR 1.5 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for CTS Eventim AG & Co KgaA is €93.00, about 60.3% above its August 19 closing price of €58.00
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

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Aug 20 - China's Maoyan Entertainment H1 revenue falls on box office slump
Aug 20 - Belgium's Kinepolis H1 revenue jumps to record as Emagine deal boosts admissions

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)