Q1 2026 CTS Eventim AG & Co KgaA Earnings Call Transcript
Key Points
- Group revenue increased by 23% to EUR630 million compared to Q1 2025, indicating robust growth.
- Adjusted EBITDA grew by 18.5% to EUR119 million, showcasing strong operational performance.
- EPS for the quarter rose to EUR0.66, up EUR0.18 from Q1 2025, reflecting positive financial momentum.
- Live Entertainment segment saw a revenue increase of over 30%, driven by strong performances in Germany and the US.
- The Venue business contributed significantly with revenues of EUR40 million and an adjusted EBITDA of EUR18 million, maintaining stable margins.
- Retail ticket volume declined slightly from 40 million in Q1 2025 to 39 million in Q1 2026, attributed to structural changes in partner business.
- Adjusted EBITDA margin decreased to 19.4% from 21% in Q1 2025 due to a weighted mix effect of segments.
- Operational excellence program led to temporarily higher costs, impacting short-term profitability.
- Cash flow was seasonally weak in Q1, with expectations for improvement in later quarters.
- The Stage Entertainment contract change resulted in a modest decline in ticket volumes, affecting revenue streams.
And welcome to the CTS Eventim AG Q1 2026 earnings call. (Operator Instructions) Let me now turn the floor over to your host, Dr. William Willms.
Good evening to everybody, and good morning to our participants from the United States. Welcome to CTS Eventim earnings call for the first quarter of 2026. Thank you very much for joining, and I sincerely hope that you can understand me well. I'm William Willms, as mentioned, Chief Financial Officer of CTS Eventim, and I'm delighted to take you through our first quarter results today. On my side is Marco Haeckermann, our Vice President, Investor Relations and Corporate Development and Strategy.
Hello, everyone. Dive into the details. Please allow me a brief word on the structure of the call, as usual, today, we will focus exclusively on our Q1 2026 financial results potential performance. I will walk you through the headline numbers, segment results and certain P&L drivers and at the end of the
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
