CTS Eventim showcased robust financial performance in Q3 2024, with revenue reaching €825 million, marking a 13.1% year-over-year increase. The company's nine-month revenue surpassed €2.03 billion, representing a 15.8% growth compared to 2023.

Key Financial Highlights:

• Ticketing revenue: €564.6 million (Q1-Q3 2024), up 22.9% YoY
• Q3 ticketing revenue: €206.6 million, up 18.3% YoY
• Live events revenue: €1.49 billion (Q1-Q3), up 13.6% YoY
• Q3 live events revenue: €628.4 million, up 11.4% YoY

Notable Developments:

• See Tickets acquisition integration completed
• France Billet consolidation expected in December
• Strong ticket sales from Ed Sheeran, Iron Maiden, Gilberto Gil, and Vasco Rossi
• Exceptional early ticket sales for Rock am Ring and Rock im Par 2025
• Milan arena construction proceeding as planned
• New large-scale arena development underway in Vienna

Challenges:

• Live events adjusted EBITDA decreased 3% due to high costs
• Integration expenses from Vivendi festival acquisitions

CEO Klaus-Peter Schulenberg emphasized the company's stable growth despite volatile market conditions, highlighting their successful expansion strategy and portfolio diversification as key factors in long-term performance.

The company's growth trajectory remains positive, supported by strategic acquisitions, venue development, and strong event performance across markets.

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