CTS EVENTIM, Europe's leading ticketing and live entertainment provider, reported strong first-quarter results for 2026, with consolidated revenue rising 23.0% to EUR 613.5 million and adjusted EBITDA increasing 18.5% to EUR 118.9 million compared to the prior-year period. The company's performance highlights the continued momentum in live events, particularly in the Live Entertainment segment, which saw adjusted EBITDA surge 151.1% to EUR 29.1 million.
The Live Entertainment segment's revenue grew 38.3% to EUR 403.6 million, driven by successful tours and events across multiple markets, including US tours and popular events in Germany. The segment's adjusted EBITDA margin improved to 7.2%, up from 3.9% in the first quarter of 2025. CEO Klaus-Peter Schulenberg attributed the growth to the company's international position and close cooperation with promoters, artists, and partners. The company also benefited from venue activities, such as the Unipol Dome in Milan hosting ice hockey tournaments for the Olympic and Paralympic Winter Games Milano Cortina 2026, drawing over 400,000 fans across 53 matches.
The Ticketing segment reported a 2.5% revenue increase to EUR 219.0 million and a 1.2% rise in adjusted EBITDA to EUR 89.8 million, with a stable margin of 41.0%. The comparability with the prior year was affected by changes to the partnership with Stage Entertainment, but excluding this effect, ticketing revenue expanded by over 6%. As reported in April 2026, the contract with Stage Entertainment has been extended for the long term as a retail partnership, ensuring continued collaboration.
The company's overall adjusted EBITDA margin remained virtually unchanged at 19.4%. CTS EVENTIM, which markets over 300 million tickets annually through mobile, online, and physical box offices, is ranked the second-largest promoter globally according to Pollstar's 2025 rankings. The Group operates in more than 25 countries and generated EUR 3.1 billion in revenue in 2025.
The Executive Board confirmed that the first-quarter performance aligns with expectations for the full year, signaling sustained profitable growth. For more details, the original press release is available at www.newmediawire.com.
