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.