- CTS Eventim’s group adjusted EBITDA reached €542.2 million in 2024, up from €444.8 million in 2023.
- Total revenue for 2024 was €2.81 billion.
- In the Ticketing segment, revenue rose by 22.7% to €879.9 million.
- The Ticketing segment’s adjusted EBITDA was €416.5 million, marking a 21.1% year-on-year increase.
- The Live Entertainment segment saw revenue growth of 17.6%, reaching €1.97 billion.
- Live Entertainment’s adjusted EBITDA grew by 24.4% to €125.6 million.
- The full annual report for 2024 is scheduled for release on March 27.
- Analyst recommendations include 11 buy ratings, 3 hold ratings, and 1 sell rating.
A look at Cts Eventim Ag & Co Kgaa Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Long-term outlook for Cts Eventim Ag & Co Kgaa looks promising based on Smartkarma Smart Scores. The company scores high in Growth and Resilience, indicating a strong potential for future development and ability to weather challenges. With a solid score in Momentum as well, Cts Eventim Ag & Co Kgaa is showing positive signs of growth and market presence. While Value and Dividend scores are not as high, the company’s overall outlook appears optimistic for the long term.
Cts Eventim Ag & Co Kgaa, a producer and distributor of entry tickets for various events, continues to show strength in growth and resilience according to Smartkarma Smart Scores. With a focus on providing online booking systems and direct ticket sales, the company demonstrates a commitment to innovation and adaptability in the dynamic events industry. Investors may find Cts Eventim Ag & Co Kgaa an attractive prospect based on its high scores in Growth, Resilience, and Momentum, positioning it well for long-term success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
