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CTS Eventim reports 19% revenue growth in 2024

Published by Global Banking & Finance Review

Posted on February 18, 2025

1 min read

· Last updated: March 1, 2026

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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

CTS Eventim reports 19% revenue growth in 2024

(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)

Key Takeaways

  • CTS Eventim's revenue grew by 19% in 2024.
  • The ticketing segment saw a 22.7% increase in sales.
  • Live entertainment revenue rose by 17.6%.
  • EBITDA increased by 21.9% to 542 million euros.
  • Shares rose 2.5% in pre-market trading.

Frequently Asked Questions

What was CTS Eventim's revenue for 2024?
CTS Eventim reported a revenue of 2.81 billion euros in 2024, up from 2.36 billion euros the previous year.
How much did the adjusted EBITDA increase?
The adjusted EBITDA rose by 21.9% to 542 million euros in 2024.
What drove the revenue growth for CTS Eventim?
The revenue growth was driven by both its ticketing and live entertainment segments.
How did the ticketing segment perform in 2024?
Sales from the ticketing segment rose by 22.7% to 880 million euros in 2024.
What was the market reaction to CTS Eventim's report?
CTS Eventim shares were seen up 2.5% in Lang & Schwarz indications ahead of the market open.

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