CTS EVENTIM Reports Strong Third Quarter Growth with 13.8% EBITDA Increase

CTS EVENTIM, Europe's leading provider of ticketing services and live entertainment, delivered strong financial results in the third quarter of 2025, showcasing profitable growth despite challenging economic conditions in Germany. The company reported a 3.5% increase in consolidated revenue to EUR 854.2 million, while adjusted EBITDA surged by 13.8% to EUR 137.3 million, indicating improved operational efficiency and cost management throughout the organization.

The company's performance is particularly noteworthy given that the third quarter of 2024 had benefited from temporary factors, including revenue associated with the 2024 Olympic Games in Paris. Klaus-Peter Schulenberg, CEO of CTS EVENTIM, attributed the strong results to the company's ongoing modernization of technological infrastructure, process optimization, and successful integration of acquisitions. "Our performance in the third quarter illustrates once again that we are not only growing but also creating long-term value," Schulenberg stated in the company's earnings release.

The Ticketing segment demonstrated remarkable resilience, achieving an adjusted EBITDA margin of 43.1% in the third quarter, up from 40.7% in the prior-year period. This improvement occurred despite the segment facing tough comparisons due to non-recurring revenue from the previous year's Olympic Games. Revenue in the Ticketing segment increased by 2.1% to EUR 211.0 million, while adjusted EBITDA climbed 8.1% to EUR 91.0 million. For the first nine months of 2025, ticketing revenue rose 11.0% to EUR 626.8 million, with adjusted EBITDA advancing 7.1% to EUR 257.8 million.

The Live Entertainment segment showed significant improvement in profitability during the third quarter, with revenue increasing 5.5% and adjusted EBITDA surging 27.0% compared to the prior-year period. This strong performance nearly offset the segment's decline in adjusted EBITDA during the first half of the year. Third-quarter revenue in Live Entertainment reached EUR 663.0 million, with adjusted EBITDA of EUR 46.3 million, resulting in an improved EBITDA margin of 7.0% compared to 5.8% in the same period last year.

For the first three quarters of 2025, the company's consolidated revenue advanced 6.0% to EUR 2.148 billion, while adjusted EBITDA increased 4.7% to EUR 337.9 million. The adjusted EBITDA margin for the nine-month period stood at 15.7%, only slightly below the 15.9% margin achieved in the prior-year period. The company's financial result in the third quarter was positive and showed improvement year-over-year, though expenses continued to reflect developments from the first two quarters.

Based on the robust growth demonstrated by both segments in the third quarter, the Executive Board is maintaining the forecast published in the Annual Report 2024 for the full year 2025. The company's ability to deliver profitable growth amid economic challenges underscores its position as a dominant player in the global entertainment industry, marketing over 300 million tickets annually across more than 25 countries according to company information available through their corporate website.