Record revenue sends CTS stock to all-time high

CTS Eventim’s share price has sailed past €105 for the first time after the German-headquartered company posted record revenue and earnings for Q4 2024.

CTS stock had peaked at €105.90 at press time, having risen 5% since the markets opened this morning.

Shares in the pan-European entertainment and ticketing giant have soared almost 30% in six months and 16% just in the last month alone, giving the firm a market cap in excess of €10 billion.

According to its preliminary results, consolidated revenue rose by 19,1% year-on-year from €2.359bn to €2.809bn, driven by double-digit growth in both the ticketing and live entertainment segments. The Group’s adjusted EBITDA was up 21.9% to €542.2 million, compared with €444.8m for the previous 12-month period.

Ticketing revenue increased by 22.7% to €879.9m in 2024, while live entertainment revenue climbed by 17.6% to €1.971bn. Adjusted EBITDA amounted to €416.5m (+21.1%) and €125.6 million (+24.4%), respectively.

The company’s full 2024 annual report will be published on 27 March

The company’s full annual report for 2024 will be published on 27 March.

The firm completed its acquisition of Vivendi’s festival and international ticketing businesses, including See Tickets, in a €300m deal last year, while its Peter Rieger Konzertagentur (PRK) and DreamHaus subsidiaries merged last autumn to form a combined company, PRK DreamHaus.

It was also awarded the contract to build and operate a planned new multipurpose arena in Vienna, Austria and is on to track to complete work on its Italian venture, Arena Milano, later this year.

CTS’ highlights for 2025 also include the anniversary editions of Germany’s Rock am Ring and Rock im Park.

“CTS Eventim is continuing to deliver stable growth in an increasingly volatile political and economic environment,” said CTS CEO Klaus-Peter Schulenberg during its previous earnings report. “The strategy of boosting rapid expansion and making the portfolio more financially resilient has proved to be key to our Group’s long-term performance.”

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