CTS EVENTIM continues on its growth course in the first quarter of 2024

EQS-News: CTS Eventim AG & Co. KGaA / Key word(s): Quarterly / Interim
Statement/Quarter Results
CTS EVENTIM continues on its growth course in the first quarter of 2024
(news with additional features)

23.05.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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CTS EVENTIM continues on its growth course in the first quarter of 2024

  * Consolidated revenue (up by 11.6%) and adjusted EBITDA (up by 36.3%)
    reflect the fast pace of growth once again in 2024, underpinning the
    expansionary trend.

  * CEO Klaus-Peter Schulenberg: "CTS EVENTIM achieved sustained dynamic
    growth in its operating business in Q1, and had remarkable success in
    winning a number of substantial tenders for major sporting events."

Munich, 23 May 2024 - CTS EVENTIM, Europe's leading provider of ticketing
services and live entertainment, ranked number two in the world, put in a
superb start to the year. Even in the first quarter, when less revenue tends
to be generated across the industry as a whole, Eventim's revenue and
earnings grew considerably.

Besides the good operating profit, a number of steps were taken in the first
quarter to ensure future business success. CTS EVENTIM concluded ticketing
agreements for several international handball tournaments over the next few
years and, together with the AXS Group as its local partner, was appointed
the official ticketing service provider for the Summer Olympics and
Paralympics in Los Angeles in 2028.

Group

Consolidated revenue for the first three months of 2024 came to EUR 408.7
million, an 11.6% increase compared with the prior-year period. Adjusted
EBITDA rose three times as rapidly over the same period, increasing by 36.3%
to EUR 92.2 million. The adjusted EBITDA margin was 22.6%.

Punto Ticket (Chile) and Teleticket (Peru) - the market leaders in their
respective markets - were consolidated for a full quarter for the first time
after having been acquired in the prior year.

The successful ticketing and live entertainment company See Tickets, which
operates in Europe and the US and whose sale by Vivendi to CTS EVENTIM was
agreed in April, is not yet included in the quarterly figures.

Ticketing

In the period January to March 2024, revenue in the Ticketing segment
climbed by 23.3% year on year to EUR 182.8 million. Adjusted EBITDA rose by
24.9% to EUR 83.3 million in the first three months of 2024. The adjusted
EBITDA margin was 45.5%.

Live Entertainment

The Live Entertainment segment's revenue also rose year on year, increasing
by 4.8% to EUR 234.4 million in the first quarter of 2024. At EUR 8.9
million, adjusted EBITDA was almost EUR 8 million higher than in the prior
year. The adjusted EBITDA margin consequently rose to 3.8%.

Starting from the current reporting period, CTS Eventim will disclose
adjusted EBITDA. This makes it possible to assess changes in operating
profit even more accurately as all material non-recurring items have been
eliminated from adjusted EBITDA. To ensure comparability, prior-period
figures have been restated retrospectively in the quarterly report.

CEO Klaus-Peter Schulenberg: "CTS EVENTIM achieved sustained dynamic growth
in its operating business in Q1, and had remarkable success in winning a
number of substantial tenders for major sporting events. These will create
positive momentum for the Company's development over the medium and long
term. The ticketing for the 2028 Olympic and Paralympic Summer Games in Los
Angeles will give an extra boost to our already successful entry into the
North American market."

About CTS EVENTIM

CTS EVENTIM is the number one provider of ticketing services in Europe and
number two in the world. Over 300 million tickets per year are marketed
using the Company's systems - through physical box offices and mobile/online
portals. According to Pollstar's global rankings for 2023, the EVENTIM Group
is the second-biggest promoter in the world. In addition, CTS EVENTIM
operates some of Europe's most renowned venues. CTS Eventim AG & Co. KGaA
(ISIN DE 0005470306) has been listed on the stock exchange since 2000 and is
a member of the MDAX segment. In 2023, the Group generated revenue of EUR
2.4 billion across more than 25 countries.

Press Contact

Christian Colmorgen
Vice President Corporate Communications
christian.colmorgen@eventim.de

Investor Relations

Marco Haeckermann
Vice President Corporate Development & Strategy
marco.haeckermann@eventim.de


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Additional features:

File: https://eqs-cockpit.com/c/fncls.ssp?u=79ad0c73ffa67b86d8ca8552f7c72674
File description: FIGURES Q1 2024

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23.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        CTS Eventim AG & Co. KGaA
                   Rablstr. 26
                   81669 München
                   Germany
   Phone:          0421/ 3666-0
   Fax:            0421/ 3666-290
   E-mail:         info@eventim.de
   Internet:       www.eventim.de
   ISIN:           DE0005470306
   WKN:            547030
   Indices:        MDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1909217

End of News EQS News Service
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1909217 23.05.2024 CET/CEST