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Finance

CTS Eventim profit dips as live entertainment revenue falls

Published by Global Banking & Finance Review

Posted on November 12, 2026

1 min read

· Last updated: November 12, 2026

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CTS Eventim Reports Q3 Profit Dip as Live Entertainment Revenue Declines

CTS Eventim Q3 2023 Financial Performance Overview

Nov 12 (Reuters) - German ticketing firm CTS Eventim reported a 2.6% fall in third-quarter adjusted earnings before interest, taxes, depreciation and amortisation on Thursday, as fewer major tours than a year earlier weighed on its live entertainment business.

Adjusted EBITDA Results

Adjusted EBITDA fell to 133.8 million euros ($143.5 million) in the July-September period, from 137.3 million euros a year earlier.

Revenue Breakdown

Group Revenue

• Group revenue fell 5.3% year-on-year to 809.1 million euros

Live Entertainment Segment

• Revenue in the live entertainment segment fell 11.7% to 585.6 million euros, as the business faced a tough comparison with a year earlier, when major international tours, including those by Ed Sheeran and AC/DC, boosted sales

Ticketing Segment

• Ticketing revenue rose 11.5% to 235.4 million euros in the quarter as retail ticket sales continued to increase

Outlook and Expectations

2026 Outlook

• CTS Eventim maintained its 2026 outlook and said there were no significant changes to its business expectations

Reporting and Editorial Credits

(Reporting by Aleksandra Kret; Editing by Tasim Zahid)

Key Takeaways

  • Adjusted EBITDA fell to €133.8 million in Q3, down from €137.3 million a year ago.
  • Live entertainment revenue dropped 11.7% to €585.6 million, weighed by absence of major tours seen last year.
  • Ticketing revenue rose 11.5% to €235.4 million, while CTS Eventim maintained its 2026 outlook unchanged.

Frequently Asked Questions

Why did CTS Eventim's profit dip in the third quarter?
Profit dipped due to fewer major tours than the previous year, affecting the live entertainment segment's revenues.
How much did CTS Eventim's adjusted EBITDA fall in Q3?
Adjusted EBITDA fell 2.6% to 133.8 million euros from 137.3 million euros a year earlier.
What was the performance of CTS Eventim's live entertainment segment?
Revenue in the live entertainment segment fell 11.7% to 585.6 million euros year-on-year.
Did ticketing revenue increase or decrease in the quarter?
Ticketing revenue rose 11.5% to 235.4 million euros in the third quarter.
Did CTS Eventim update its business outlook for 2026?
CTS Eventim maintained its 2026 outlook and reported no significant changes to its business expectations.

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