Roundup: CTS Eventim increases sales and profit strong – stock with a record
Munich – The ticket marketer and concert organizer CTS Eventim has closed the year 2024 with record values thanks to a strong final quarter. Analysts were positively surprised and the paper on the stock exchange increased significantly after the news. In 2024, sales had been climbed by a good 19 percent to EUR 2.8 billion in 2024, the MDAX group said on Tuesday based on preliminary figures in Munich. Both business areas, ticket sales and the live entertainment, had contributed to this. The result, which was adjusted for special effects before interest, taxes and depreciation (EBITDA), increased by almost 22 percent to 542 million euros. With both indicators, the Munich people exceeded the expectations of the industry experts.
Roundup 2: Norma boss Grandi throws on strategy dispute-price losses
Maintal – The car supplier and connection technology specialist Norma Group (Norma Group SE) has to look for a new boss. The CEO Guido Grandi had resigned from his board mandate and his position on February 17, 2025 due to strategic differences for the further orientation of the company, the company said in late Monday evening. For the transition period of a maximum of one year, the previous chairman of the supervisory board will lead Mark Wilhelms Norma. His position in the control committee is temporarily occupied by Kerstin Müller-Kirchhof. The Norma share listed in the SDAX gave in on Tuesday.
Roundup: Musk introduces the new version of his chatbot Grok
Austin-Tech billionaire Elon Musk presented the next version of the GROK Ki-Chatbots Grok Xai in competition with the Chatgpt-Finder Openai. In a live stream with musk and several leading employees of XAI, it was said that Grok 3 had better cut off in standardized tests than AI models from Openai and other competitors.
Roundup/Continental tightens auto supplement: 3,000 other places fall away
Hanover – The supplier Continental wants to delete further areas in view of the crisis in the auto industry. In the weakness division division, which is stuck to the stock exchange, another 3,000 jobs in research and development worldwide are to be lost in Germany by the end of 2026, 1,450 in Germany, the company said. Hesse and Bavaria are particularly affected, the Nuremberg location should be completely closed. The Conti share listed in the DAX rose to a daily high and recently won 0.8 percent.
Roundup: Elmos gives a cautious view for the new year
Leverkusen – The chip company Elmos (Elmos Semiconductor) expects stagnating sales in the current year. In 2025, customers would initially dismantle their stocks, Elmos said in Leverkusen on Tuesday. The business should attract in the second half of the year. In addition, the geopolitical and economic environment leads to uncertainty.
Wind power and photovoltaic projectors PNE will earn more surgically in 2025
Cuxhaven- The wind power and photovoltaic projector Pne wants to increase its operational result this year. For 2025, a result before interest, taxes and depreciation (EBITDA) will be targeted of 70 million to 110 million euros, the company said in Cuxhaven on Tuesday. Analysts had expected less on average. After a first increase, which was up to 8 percent tall, the share recently increased three percent.
Roundup: Jost deserves significantly less because of weak demand
Neu-Isenburg-The commercial vehicle supplier Jost Werke suffered from the general market weakness last year. A mew demand in the transport business with trucks and supporters, but also in the agricultural business with tractors gave the company significantly less sales and a strong drop in profits. Thanks to the recent takeover of the Dutch hydraulic specialist Hyva, JOST management is confident. The JOST share recently increased by almost three percent in the SDAX small value index SDAX.
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Customer notice:
Roundup: You read a summary in the corporate overview. There are several reports on this topic on the dpa-AFX intelligence service.
/jha