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Home > Finance > CTS Eventim reports 19% revenue growth in 2024

Finance

CTS Eventim reports 19% revenue growth in 2024

Published by Global Banking and Finance Review

Posted on February 18, 2025

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(Reuters) - CTS Eventim on Tuesday said its 2024 revenue grew by 19% according to preliminary figures, driven by both its ticketing and live entertainment segments.

The German ticketing group's revenue came in at 2.81 billion euros ($2.94 billion), up from 2.36 billion in the previous year, it said in a statement.

The group's adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 21.9% to 542 million euros, it added.

CTS Eventim shares were seen up 2.5% in Lang & Schwarz indications ahead of the 0800 GMT market open.

Sales from its ticketing segment rose 22.7% to 880 million euros in 2024, while revenue at its live entertainment segment grew by 17.6% to 1.97 billion euros, boosted by a very strong fourth quarter, the company said.

($1 = 0.9564 euros)

(Reporting by Elizaveta Gladun; Editing by Ludwig Burger)

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