{"id":2920,"date":"2022-11-09T08:41:36","date_gmt":"2022-11-09T16:41:36","guid":{"rendered":"https:\/\/blog.goticketly.com\/index.php\/2022\/11\/09\/cts-eventim-records-strong-performance-in-q3\/"},"modified":"2022-11-09T08:41:36","modified_gmt":"2022-11-09T16:41:36","slug":"cts-eventim-records-strong-performance-in-q3","status":"publish","type":"post","link":"https:\/\/blog.goticketly.com\/index.php\/2022\/11\/09\/cts-eventim-records-strong-performance-in-q3\/","title":{"rendered":"CTS Eventim records strong performance in Q3"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"primary\">\n<p class=\"standfirst\">Ticketing services and live entertainment company, CTS Eventim, has posted a positive third quarter, with revenue increasing significantly compared to to Q3 in 2021 and even in 2019. <\/p>\n<p>Revenue increased to \u20ac694m (\u00a3611m\/$695m) in the third quarter of 2022, compared to \u20ac115m in Q3 in 2021 and \u20ac378 in the third quarter of 2019.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The group\u2019s normalised EBITDA amounted to \u20ac130m in Q3 compared to \u20ac26m in the same period the year prior, and \u20ac65m in Q3 in 2019.<\/p>\n<p>The ticketing segment\u2019s revenue amounted to \u20ac137m in Q3 in 2022 compared to \u20ac61m in the same period last year. The total is also 29% higher than the third quarter of 2019, which amounted to \u20ac107m.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Normalised EBITDA for the ticketing sector equalled \u20ac65m in Q3 compared to \u20ac27m in Q3 last year, and is also a rise of 44% on the third quarter of 2019 which totalled \u20ac45m.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The live entertainment segment\u2019s revenue climbed to \u20ac563m in Q3 compared to \u20ac56m during the same period last year, and is higher than the \u20ac277m posted in Q3 in 2019.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Normalised EBITDA in the live entertainment sector equalled \u20ac66m compared to a loss of \u20ac1m in Q3 last year, with the total also three times higher than the \u20ac20m posted in 2019.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The full financial report for Q3 will be released on November 17.<\/p>\n<p>A strong Q3 continues Eventim\u2019s positive performance in a post-pandemic environment, after a <a href=\"https:\/\/www.theticketingbusiness.com\/2022\/08\/24\/cts-eventim-bounces-back-in-q2-and-first-six-months-of-2022\/\" target=\"_blank\" rel=\"noopener\">strong Q2<\/a> and first six months of 2022.<\/p>\n<p>\t\t\t\t\t\t\t<!-- \n\n<div class=\"tax-cat-tags\">\n\t\t\t\t\t\t\t\t\n\n<div class=\"col-sm-6 tax-cat\">\n\t\t\t\t\t\t\t\t\t\n\n<p class=\"\">Filed under<\/p>\n\n\n\n\t\t\t\t\t\t\t\t\t<button class=\"btn\" >Awards<\/button>|<button class=\"btn\" >Ticketing<\/button>\n\n\t\t\t\t\t\t\t\t<\/div>\n\n\n\n\t\t\t\t\t\t\t\t\n\n<div class=\"col-sm-6 tax-tags\">\n\t\t\t\t\t\t\t\t\t\n\n<p class=\"\">Tags<\/p>\n\n\n\t\t\t\t\t\t\t\t\t<button class=\"btn\" >Ticketing<\/button>|<button class=\"btn\" >Stadiums<\/button>\n\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\t\t\t<\/div>\n\n --><\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.theticketingbusiness.com\/2022\/11\/09\/cts-eventim-records-strong-performance-in-q3\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Ticketing services and live entertainment company, CTS Eventim, has posted a positive third quarter, with revenue increasing significantly compared to to Q3 in 2021 and even in 2019. Revenue increased to \u20ac694m (\u00a3611m\/$695m) in the third quarter of 2022, compared to \u20ac115m in Q3 in 2021 and \u20ac378 in the third quarter of 2019.\u00a0 &hellip; <\/p>\n","protected":false},"author":1,"featured_media":2921,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[374,144,72,8],"tags":[],"class_list":["post-2920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cts-eventim","category-finance","category-live-entertainment","category-ticketing"],"_links":{"self":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/posts\/2920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/comments?post=2920"}],"version-history":[{"count":0,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/posts\/2920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/media\/2921"}],"wp:attachment":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/media?parent=2920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/categories?post=2920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/tags?post=2920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}