Ad-Hoc-Announcement

CTS EVENTIM increases dividend again

Planned dividend of EUR 0.64 per share / Dividend of EUR 30.7 million / Group earnings significantly above previous year at around EUR 61 million / Earnings per share at EUR 1.27

Munich, 25 March 2014. At the Shareholders’ Meeting on 8 May 2014, the Management Board and Supervisory Board of CTS EVENTIM AG, which is listed in the SDAX index (ISIN DE0005470306), will propose to pay out a dividend of EUR 0.64 per share (2012: EUR 0.57 per eligible share, based on 48 million shares). Distribution to shareholders will therefore total around EUR 30.7 million, compared to EUR 27.4 million in 2013. This will be the ninth dividend in succession that the Group has paid. In the past 2013 financial year, CTS EVENTIM generated Group earnings of around EUR 61.1 million, up 8.6% on the 2012 figure of EUR 56.3 million, and earnings per share of EUR 1.27 (2012: EUR 1.17).  


2013 financial year: Strong Growth in both segments  


As already reported on 25 February 2014, the 2013 financial year was a very successful one for the CTS Group. Group revenue rose 20.8% to EUR 628.3 million (2012: EUR 520.3 million). Normalised EBITDA was 13.7% higher at EUR 136.3 million (2012: EUR 119.9 million). The Ticketing segment generated EUR 269.7 million (2012: EUR 231.5 EUR million) in revenue, up 16.5%, while normalised EBITDA improved by 12.4% to EUR 104.3 million (2012: EUR 92.8 million). In the reporting period, the CTS Group benefited again from boosted ticket sales via the Internet and sold 23.8 million tickets – a year-on-year increase of around 16% (2012: 20.6 million). The Live Entertainment segment reported revenue growth of 23.4% to EUR 365.8 million in the year under review, compared to EUR 296.4 million in 2012 and an EBITDA at EUR 32.0 million (2012: EUR 27.5 million; up 16.2%) that was due to the large number of attractive live events in the reporting period.  


Outlook for 2014: Further expansion 


In view of the good start to the new financial year in 2014, the unrelenting demand for live events and the takeover of three ticketing companies from Stage Entertainment in Spain, the Netherlands and France in early March 2014, the Management Board expects the Group to progress well in the 2014 financial year. A further objective is the continued expansion of Internet ticketing operations and of the Group’s international presence.  


The figures for 2012 have been adjusted due to application of mandatory accounting standards (amended IAS 19 and IFRS 3). 


The complete Annual Report will be available on the Internet at www.eventim.de as from 27 March 2014, in an online version and in download form.

Marco
Marco Haeckermann
Vice President Corporate Development & Strategy
Thomas
Thomas Kollner
Corporate Communications

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