CTS Eventim Q3 Earnings: Revenue Up 4% Despite ‘Challenging Economic Conditions’ in Germany

Skip to main content Klaus-Peter Schulenberg, chairman of the board of directors of CTS Eventim, on October 1, 2020 in Berlin. Michael Kappeler/picture alliance via Getty Images Trending on Billboard CTS Eventim, Europe’s largest concert promoter and ticketing service, posted revenue and earnings gains in the third quarter despite what it called “challenging economic conditions” in its home market, Germany. Companywide adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose 13.8% to 137.3 million euros ($161 million) on revenue of 854.2 million euros ($999 million), up 3.5% from the prior-year period. Q3 2025 Earnings Roundup: Here’s What Every Music Company Made (Updating) Glenn Peoples “Our performance in the third quarter illustrates once again that we are not only growing but also creating long-term value,” CEO Klaus-Peter Schulenberg said in a statement. “In doing so, we are benefitting from continually modernising our technological infrastructure, significantly optimising our processes and making progress with the integration of our acquisitions.” The company attributed the improvement to cost management and “growing synergies” with recent acquisitions. In 2024, CTS Eventim acquired Vivendi’s festival business, including Junction 2 in the United Kingdom and Garorock in France, and ticketing company See Tickets. The two acquired businesses had a combined revenue of 137 million euros ($148 million) in 2023. In the live entertainment division, revenue rose 5.5% to 663.0 million euros ($775 million) while adjusted EBITDA rose 27.0% to 46.3 million euros ($54 million) and adjusted EBITDA margin — adjusted EBITDA as a percentage of revenue — rose to 7.0% from 5.8% in the year-ago period. The ticketing division’s revenue rose 2.1% to 211.0 million euros ($247 million). Last year’s quarter was boosted by non-recurring revenue from the 2024 Olympic Games in Paris. Adjusted EBITDA improved 8.1% to 91.0 million euros ($106 million), and adjusted EBITDA margin climbed to 43.1% from 40.7% a year earlier. Based on the third quarter results, CTS Eventim reiterated its full-year forecasts of “moderate” growth in both revenue and adjusted EBITDA. Daily newsletters straight to your inbox More From Pro CTS Eventim Q3 Earnings: Revenue Up 4% Despite ‘Challenging Economic Conditions’ in Germany 2 minutes ago Glenn Peoples Business News Billboard’s Music Industry Events Calendar 18 minutes ago Chris Eggertsen Diddy ‘Making the Band’ Sexual Assault Accuser’s Appeal Dismissed: Here’s Why 28 minutes ago Bill Donahue ‘The Wreck of Edmund Fitzgerald’ Is Finally a Billboard No. 1 After Shipwreck’s 50th Anniversary Kevin Rutherford Record Labels Andrew Lloyd Webber Signs With The Other Songs and The Orchard Kristin Robinson See All News Billboard is a part of Penske Media Corporation. © 2025 Billboard Media, LLC. All Rights Reserved. Powered by WordPress.com VIP optional screen reader Manage Account Billboard Hot 100™ Billboard 200™ Hits Of The World™ Songs Of The Summer Year-End Charts Decade-End Charts R&B/Hip-Hop Business News Record Labels View All Pro Songwriters & Producers Artist Index Royalty Calculator Market Watch Industry Events Calendar Billboard Español Cultura y Entretenimiento Crossword Puzzle GET ACCESS TODAY