Germany's CTS Eventim Q1 revenue jumps

CTS Eventim AG & Co KGaA

28/05/2026 16:55

Overview
Germany ticketing and live entertainment firm's Q1 revenue rose 23% yr/yr
Adjusted EBITDA for Q1 up 18.5% yr/yr, driven by Live Entertainment segment
Growth attributed to successful tours, events and new venue activities

Outlook
Company says performance after Q1 is in line with expectations for the full yr

Result Drivers
LIVE ENTERTAINMENT GROWTH - Co said strong Q1 performance was driven by successful tours and events, especially in the US and Germany
VENUE ACTIVITIES - New Unipol Dome in Milan contributed with Olympic and Paralympic ice hockey tournaments attended by over 400,000 fans
TICKETING SEGMENT - Ticketing revenue and adjusted EBITDA grew year-on-year, with underlying growth of about 6% when adjusted for partnership changes

Company press release: ID:nEQcdKTYJa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
EUR 613.5 mln
EUR 569.70 mln (2 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 2 "hold" and no "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 €92.00, about 60.4% above its May 27 closing price of €57.35
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 20 three months ago

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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.)