23.03.2016
CTS Eventim AG & Co. KGaA DE0005470306
DGAP-News: CTS Eventim AG & Co. KGaA: CTS EVENTIM boosts revenue and earnings
DGAP-News: CTS Eventim AG & Co. KGaA / Key word(s): Final Results
CTS Eventim AG & Co. KGaA: CTS EVENTIM boosts revenue and earnings
23.03.2016 / 13:00
The issuer is solely responsible for the content of this announcement.
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PRESS RELEASE
2015 Financial Year (1.1. - 31.12.2015)
CTS EVENTIM boosts revenue and earnings
Group revenue increases by 20.8% to EUR 834.2 million / EBITDA grows by
16.4% to EUR 180.5 million / Ticketing segment revenue improves by 8.5% to
EUR 346.2 million and EBITDA by 10.4% to EUR 142.4 million / Internet
ticket volume up 15.6% / Live Entertainment segment increases revenue by
30.5% to EUR 494.9 million and EBITDA by 45.5% to EUR 38.1 million
Munich, 23 March 2016. CTS EVENTIM AG & Co. KGaA, listed in the MDAX
segment (ISIN DE0005470306), reports group revenue and earnings at record
levels yet again. Today's publication of the Annual Report is accompanied
by the Management Board's proposal for a EUR 0.46 dividend per share for
the 2015 financial year (prior year: EUR 0.40, an increase of 15.0%). This
will be in total the eleventh consecutive year that the company will pay a
dividend to its shareholders.
The CTS Group figures for the 2015 financial year show an impressive
performance. Group revenue rose to EUR 834.2 million (prior year: EUR 690.3
million, up 20.8%), the normalised EBITDA figure to EUR 181.0 million
(prior year: EUR 156.4 million, up 15.7%) and EBITDA to EUR 180.5 million
(prior year: EUR 155.1 million, up 16.4%). Group earnings per share
increased to EUR 0.93 (prior year: EUR 0.80, up 16.3%).
The Ticketing segment generated an additional 8.5% in revenue to reach EUR
346.2 million, before consolidation between segments (prior year: EUR 319.2
million). Normalised EBITDA rose to EUR 142.9 million (prior year: EUR
130.2 million, up 9.7%). EBITDA amounted to EUR 142.4 million, was up
(prior year: EUR 128.9 million, up 10.4%). In the 2015 financial year, a
total of 35.5 million tickets were sold via the Internet (prior year: 30.7
million tickets, up 15.6%).
The Live Entertainment segment reported very strong revenue growth of 30.5%
to EUR 494.9 million (prior year: EUR 379.2 million). EBITDA, at EUR 38.1
million, was up 45.5% (prior year: EUR 26.2 million). The 2015 reporting
year was marked by a large number of attractive events and an exceptional
concentration of successful major tours at record level.
In the current financial year, the CTS Group will continue to focus on
rigorously expanding its E-Commerce ticketing operations, maintaining its
strategy for international expansion and developing innovative products and
services. Based on the consequent execution of this strategy the corporate
management expects further growth and successful business performance in
the Ticketing Segment for fiscal year 2016.
The prior-year figures have been adjusted with retroactive effect, in
accordance with IFRS 3, due to the final purchase price allocations for the
companies acquired in 2014.
The 2015 Annual Report will be available for download at www.eventim.de
when this press release is published.
For further information contact:
Marco Haeckermann, Director Corporate Development & Strategy, CTS EVENTIM
AG & Co. KGaA,
+ 49 421 3666 270
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23.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: CTS Eventim AG & Co. KGaA
Dingolfinger Str. 6
81673 München
Germany
Phone: 0421/ 3666-233
Fax: 0421/ 3666-290
E-mail: [email protected]
Internet: www.eventim.de
ISIN: DE0005470306
WKN: 547030
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart; Terminbörse EUREX
End of News DGAP News Service
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