The ticket marketer and organizer CTS Eventim started the year with momentum.
In the first quarter, sales increased by 23 percent to 613.5 million euros, CTS Eventim announced on Thursday after the stock exchange closed in Munich. Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) increased by 18.5 percent to 118.9 million euros. The margin almost stood still at 19.4 percent. After the first quarter, the board sees the group and the two segments within the scope of its expectations for the year as a whole.
At the end of March, CEO Klaus-Peterschulenberg issued a cautious forecast for 2026, which caused a collapse in prices on the stock market. The group forecast slight increases in sales and adjusted operating profit for the current year. However, global political crises, the economy or high energy prices are unlikely to keep people away from shows, concerts and sporting and cultural events, it was said at the time. A deterioration in the geopolitical security situation, inflation and a decline in consumption could have a negative impact on business.
Rally at CTS after good quarterly figures
After poor price movement in recent weeks, the shares of CTS Eventim will make a dynamic attempt to break free from the recent sideways range on Friday. The event marketer impressed with its quarterly figures, which were presented the evening before after the stock market closed. In pre-market trading on Tradegate, the Eventim share was temporarily 5 percent higher at 61.95 euros.
According to a trader, it provides relief as the figures remained without any new negative surprises. The shares have had a weak twelve months, having more than halved from their record high of 114 euros in May 2025. In March they even slipped below 50 euros at times due to disappointing targets. Most recently they were stuck in the 55 to 60 euro range. They are now attempting to break out above 60 euros.
/jha/he
MUNICH (dpa-AFX)
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