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CTS Eventim reported strong financial results for the first quarter of 2025, driven by both organic
CTS Eventim reported strong financial results for the first quarter of 2025, driven by both organic growth and recent acquisitions.
The company posted consolidated revenue of €498.6 million for the quarter, marking a 22.0% increase compared to the same period in 2024. Adjusted EBITDA rose by 8.9% to €100.3 million, resulting in an adjusted EBITDA margin of 20.1%.
The Ticketing segment generated €213.6 million in revenue, up 16.9% year-over-year. Adjusted EBITDA for this segment increased by 6.6% to €88.7 million, reflecting a margin of 41.5%. Key drivers included high-profile presales, notably for the 2026 Milano Cortina Olympic and Paralympic Games, and strong demand for major international tours.
This quarter marked the first full integration period for See Tickets Group and France Billet, following their acquisitions in 2024. CTS Eventim stated that integration efforts are progressing and expected to yield additional efficiency gains as higher-margin business models are rolled out.
The Live Entertainment segment also saw significant growth, with revenue rising by 24.5% to €291.8 million. Adjusted EBITDA increased by 29.8% to €11.6 million, resulting in an EBITDA margin of 4.0%. The company attributed this performance to organic growth in core markets and anticipated further contributions from newly acquired live entertainment operations during the upcoming festival season.
CEO Klaus-Peter Schulenberg said: "CTS Eventim grew dynamically in the first quarter of 2025, both organically and as a result of acquisitions. The integration of the See Tickets Group and French market leader France Billet are on track, proving the effectiveness of our global growth and acquisition strategy. We will continue to expand our Group, unlock synergies, and inspire our customers and partners with innovative products and services.”
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