Added to YB: 2026-06-04
Pitch date: 2026-06-02
EVD.DE [neutral]
CTS Eventim AG & Co. KGaA
-3.33%
current return
Author Info
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Company Info
CTS Eventim AG & Co. KGaA, together with its subsidiaries, operates in the leisure events market in Germany, Italy, Switzerland, the United States, Austria, the United Kingdom, Spain, Netherlands, Finland, France, Denmark, Sweden, Norway, Chile, Brazil, and internationally.
Market Cap
EUR 5.5B
Pitch Price
EUR 57.05
Price Target
N/A
Dividend
2.49%
EV/EBITDA
8.02
P/E
18.82
EV/Sales
1.39
Sector
Entertainment
Category
growth
CTS Eventim (EVD Germany): strong event activity
EVD.DE (update): Q1'26 group rev €614m (+23% YoY). Live Entertainment €404m drove growth (+ Unipol Dome Milan); Ticketing +3% to €219m (+6% adj for Stage Entertainment), strong 41% margin. Adj EBITDA €119m, margin pressured by Live mix (7.2%). FY outlook confirmed. LA 2028 Olympics ticket sales begin Q2, low-triple-digit €m over time. Venue capital allocation key debate; CMD in Sept. Post strong rerating, much negativity priced in.
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