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

CTS EVENTIM, Europe's leading provider of ticketing services and live entertainment, reported continued profitable growth in the third quarter of 2025 despite challenging economic conditions in Germany. The company generated consolidated revenue of €854.2 million, representing a 3.5% increase compared to the same period last year, while adjusted EBITDA surged by 13.8% to €137.3 million. This performance occurred despite the third quarter of 2024 having been boosted by temporary factors, making the current results particularly noteworthy.

The company's improved profitability was reflected in the adjusted EBITDA margin, which reached 16.1% compared to 14.6% in the prior-year period. Klaus-Peter Schulenberg, CEO of CTS EVENTIM, attributed the strong performance to ongoing modernization of technological infrastructure, significant process optimization, and progress with integration of acquisitions. The financial result in the third quarter was positive and improved year-on-year, though expenses in the first nine months continued to be affected by developments in the initial two quarters.

In the Ticketing segment, revenue increased by 2.1% to €211.0 million in the third quarter, despite the prior-year period having benefited from non-recurring revenue related to events such as the 2024 Olympic Games in Paris. More impressively, adjusted EBITDA in the Ticketing segment climbed 8.1% to €91.0 million, with the adjusted EBITDA margin reaching 43.1% compared to 40.7% in the previous year. For the first nine months of 2025, Ticketing revenue rose 11.0% year-on-year to €626.8 million, with adjusted EBITDA advancing 7.1% to €257.8 million.

The Live Entertainment segment demonstrated significant profitability improvement in the third quarter, with revenue increasing 5.5% and adjusted EBITDA surging 27.0% compared to the prior-year period. This strong performance nearly canceled out the decrease in adjusted EBITDA experienced in the first half of the year. Third quarter revenue in Live Entertainment reached €663.0 million, with adjusted EBITDA amounting to €46.3 million and the adjusted EBITDA margin increasing to 7.0% from 5.8% in the previous year.

For the first three quarters of 2025, the company's consolidated revenue advanced by 6.0% compared with the prior-year period to €2.148 billion. Adjusted EBITDA swelled by 4.7% to €337.9 million, with the adjusted EBITDA margin coming to 15.7%. The Live Entertainment segment's revenue for the nine-month period increased 4.2% year-on-year to €1.557 billion, with adjusted EBITDA reaching €80.0 million, nearly matching the prior-year period level.

Given the robust growth achieved by both segments in the third quarter, the Executive Board is maintaining the forecast published in the Annual Report 2024 for the Group for 2025 as a whole. The company's performance indicates resilience in the live entertainment and ticketing industries amid economic challenges, with technological modernization and integration efforts contributing to sustained profitability. As one of the world's leading ticketing services providers and promoters, CTS EVENTIM's results suggest continued consumer demand for live events and the company's ability to capitalize on this demand through efficient operations and strategic acquisitions.