CTS Eventim, the Bremen-based events giant, has announced record-breaking financial results for 2024, with revenue increasing 19.1% year-over-year to €2.81 billion ($3.04 billion) – nearly double its pre-pandemic performance in 2019.

Key Financial Highlights:

• Germany generated 46.5% of total revenue (€1.30 billion)
• UK revenue up 191% to €77.68 million
• Spain revenue increased 78% to €66.29 million
• Ticketing revenue reached €879.94 million (22.7% increase)
• Online ticket sales exceeded 103.4 million (25% increase)
• Live-event operations revenue: €1.97 billion (17.6% increase)
• Adjusted EBITDA: €542.17 million (22% improvement)

Notable Acquisitions in 2024:

• Stars in Town (60% stake) - €1.71 million
• Rock 'n Roots Concerts - €250,000
• Nordic Exhibitions (70% stake) - €964,000

The company, now employing approximately 5,200 people globally (including 200+ in the US), projects moderate revenue and EBITDA growth for 2025. CEO Klaus-Peter Schulenberg emphasized the company's focus on expanding their technology and business models internationally, positioning them for efficient future acquisitions and partnerships.

The strong performance is particularly notable given the concentrated nature of live entertainment peaks and reported challenges in the festival and touring sectors. CTS Eventim's success in online ticket sales, driven by presales for major international artists, indicates robust consumer demand for live entertainment experiences.

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