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CTS Eventim AG & Co KGaA (EVDG.DE)

EVDG.DE on Xetra

36.94EUR
10:27am EDT
Change (% chg)

€0.65 (+1.79%)
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€36.29
Open
€36.60
Day's High
€37.06
Day's Low
€36.32
Volume
100,403
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116,998
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€37.06
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€25.30

Latest Key Developments (Source: Significant Developments)

CTS to propose dividend of 0.98 EUR per share
Thursday, 23 Mar 2017 06:20am EDT 

CTS Eventim : CTS eventim plans record dividend . Management expects further growth in 2017 financial year. . Record dividend of EUR 0.98 per share includes a basic dividend of EUR 0.50 and a special dividend of EUR 0.48 . Record dividend of EUR 0.98 per share includes a basic dividend of EUR 0.50 and a special dividend of EUR 0.48 . Group earnings grow by 6.2 percent to EUR94.6 million . Earnings per share at EUR0.99 . Distribution of EUR94.1 million to shareholders planned . Intention is also to maintain policy of distributing 50 percent of group consolidated net income as a basic dividend . In past 2016 financial year, CTS group generated EUR 94.6 million in group consolidated net income . In past 2016 financial year, CTS group saw earnings per share of EUR0.99 . Current financial year will see CTS group continuing to rigorously pursue its international growth strategy .Based on that strategy, management expects further growth in 2017 financial year..  Full Article

CTS Eventim FY normalised group EBITDA up 7.4 pct to EUR 194.5 mln
Thursday, 16 Feb 2017 08:36am EST 

CTS Eventim AG & Co. KGaA : Live Entertainment's expected drop in sales and EBITDA was compensated by a strong performance of Ticketing in 2016 . Development of both segments meant that in FY total CTS Group revenue was almost unchanged at 829.9 million euros ($883.26 million) (prior year: 834.2 million euros) . FY normalised group EBITDA climbed 7.4 percent to 194.5 million euros (prior year: 181.0 million euros) . In current fiscal year, CTS Group will maintain its growth focus .CTS management will continue to scrutinise inorganic growth opportunities. Management expects rigorous implementation of this strategy to result in growth fiscal year 2017.  Full Article

CTS Eventim 9-month normalised group EBITDA slightly up at 107.7 mln euros
Tuesday, 22 Nov 2016 05:02am EST 

CTS Eventim : 9-month stable CTS Group revenue of 576.2 million euros ($613.36 million) versus 577.5 million euros in previous years period . 9-month normalised group EBITDA slightly increased to 107.7 million euros (previous year: 107.2 million euros) due to an undisputed growth dynamic in online ticketing .Continues to expect a solid business development in fiscal year 2016.  Full Article

CTS Eventim: Ticketcorner and Starticket will enter into an alliance
Monday, 31 Oct 2016 09:05am EDT 

CTS Eventim : Ticketcorner and Starticket will enter into an alliance and build a joint Swiss ticketing group . Merger is still subject to approval of Swiss competition commission and shall be completed after approval in first half of 2017 .Ticketcorner Holding AG, which is half owned by each of CTS Eventim Group and Ringier, will hold 75 pct and Tamedia 25 pct.  Full Article

CTS Eventim still sees solid FY business
Thursday, 25 Aug 2016 04:16am EDT 

CTS Eventim : H1 revenues 421.8 million eur . H1 EBITDA 81 million eur . H1 net profit 37 million eur .Says still sees solid business performance this year.  Full Article

CTS Eventim hikes stake in promoter FKP Scorpio
Thursday, 2 Jun 2016 04:30am EDT 

CTS Eventim : CTS Eventim increases shareholding in promoter FKP Scorpio .Increases its shareholding to majority from 45 pct to 50.2 pct in formerly "at equity" consolidated subsidiary FKP Scorpio Konzertproduktionen GmbH.  Full Article

CTS Eventim Q1 revenue up at 163.2 mln euros
Thursday, 26 May 2016 07:03am EDT 

CTS Eventim : Q1 revenue of CTS Group rose to 163.2 million euros ($182.38 million)and thus by 7.6% (Q1/2015: 151.7 million euros) . Q1 normalised EBITDA figure increased by 5.5% to 38.8 million euros (Q1/2015: 36.8 million euros), and EBITDA by 4.8% to 38.5 million euros (Q1/2015: 36.8 million euros) .Slight improvement in group earnings is nevertheless expected for 2016 as a whole, due to positive growth in ticketing segment.  Full Article

CTS Eventim AG & Co KGaA, Sony Music Entertainment form LatAm ticketing JV
Tuesday, 12 Apr 2016 04:00am EDT 

CTS Eventim AG & Co KGaA:CTS Eventim and Sony Music Entertainment join forces for ticketing in Latin America.Says has entered into joint venture with Sony Music Entertainment to provide ticketing services in Latin America.Says JV will begin its Latin American operations in Brazil, during Q2 of 2016, and will then expand to other countries in region.  Full Article

CTS Eventim AG & Co KGaA to propose FY 2015 dividend
Tuesday, 22 Mar 2016 08:00pm EDT 

CTS Eventim AG & Co KGaA:Total dividend 0.46 euros per share for FY 2015.  Full Article

CTS Eventim AG & Co KGaA says Egmont and CTS EVENTIM create joint Scandinavian ticketing operator
Wednesday, 16 Mar 2016 03:00am EDT 

CTS Eventim AG & Co KGaA:Nordisk Film, owned by Danish media company Egmont, and CTS EVENTIM have entered into a cooperation to create a leading Scandinavian ticketing operator.Nordisk Film will merge its ticketing company Venuepoint, which among others runs Billetlugen in Denmark, with CTS EVENTIM's Swedish operation.New joint venture will be owned on a 50/50 basis by two parties, with CTS EVENTIM consolidating revenues and earnings.  Full Article

More From Around the Web

BRIEF-CTS Eventim FY normalised group EBITDA up 7.4 pct to EUR 194.5 mln

* Live Entertainment's expected drop in sales and EBITDA was compensated by a strong performance of Ticketing in 2016