United States

CTS Eventim sticks with 2017 aims after Q1 core profit rise

Wednesday, 24 May 2017 03:30am EDT 

May 24 (Reuters) - CTS Eventim :CEO says confident will achieve FY targets for higher revenues, operating earnings.CEO says to examine prospects for further acquisitions, in addition to organic growth.Q1 revenues up 27.1 percent at 207.4 million euros.Q1 normalised group EBITDA up 17.9 percent at 45.7 million eur, margin 22.0 percent. 

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