Germany's CTS Eventim sees higher ticket sales boosting 2025 revenue

CTS Eventim AG & Co KGaA

27/03/2025 06:46

March 27 (Reuters) - The German ticketing firm CTS Eventim EVDG.DE forecast a moderate rise in both total revenue and adjusted EBITDA in 2025 on Thursday, driven by the ticketing segment.

The company, a leader in the European ticketing and live entertainment market, expects the volume of retail tickets to be at a significantly higher level compared to the previous year's volume of 147.2 million tickets.

CTS reported in February 19% revenue growth at 2.81 billion euros ($3.03 billion) and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) at 542 million euros for 2024, driven by both its ticketing and live entertainment segments. ​​

($1 = 0.9279 euros)

 (Reporting by Elizaveta Gladun and Bernadette Hogg; Editing by Kim Coghill)

 ((elizaveta.gladun@thomsonreuters.com; Bernadette.Hogg@thomsonreuters.com))