CTS Eventim AG & Co. KGaA (EVD) Earnings Call Transcripts

CTS Eventim AG & Co. KGaA's Latest Earnings Call - Q1 FY2026

In Q1 2026, CTS Eventim AG reported a strong performance with group revenue of EUR 630 million, reflecting a 23% increase year-over-year. Adjusted EBITDA grew by 18.5% to EUR 119 million, while EPS rose to EUR 0.66, up EUR 0.18 from the previous year. Management maintained their guidance for the year, citing that Q1 is typically the least relevant quarter for full-year outcomes, but expressed optimism about continued growth driven by their ticketing and live entertainment segments.

Reported metrics

Guidance from management

Management maintained their guidance for the year, stating that Q1 is typically the least relevant quarter for full-year outcomes. They indicated that they will revisit guidance in August, reflecting a cautious approach to future expectations.

What management said

Okay. So first question, change in guidance Yes, no. Yes. As you said, we had a good start, a very good start in 2026. However, as you know, our guidance is only 2 months old. Please also take into account that Q1 is indeed the least relevant quarter for full year -- for the full year outcome for this reason we reiterate our guidance for now. However, I can say will remain positive and we will revisit this topic when...

Okay. In the first quarter, Miran is included at a margin in line with the established core loan arena. And I would refer to the chart in which we saw in terms of the split between the promoter business and venues. We don't give a split between Germany and in the U.S. However, both were very, very strong in Germany, especially with the unmet. And what I could add is while the venue business continued to operate at a...

What analysts pressed on

Analysts raised concerns regarding potential AI disintermediation risks and intensifying competition from U.S. competitors. There were also inquiries about the impact of ticketing performance and the visibility of future revenues, particularly in light of the structural changes in partner contracts.

Main topics on the call

• Strong Revenue Growth — CTS Eventim achieved group revenue of EUR 630 million, a 23% increase compared to Q1 2025. CFO William Willms stated, "The first quarter of 2026 demonstrates that we are continuing our course of profitable growth."
• Adjusted EBITDA Performance — Adjusted EBITDA rose to EUR 119 million, an 18.5% increase year-over-year. Willms noted that this reflects "the operational leverage of our platform," indicating strong underlying business performance.
• Ticket Volume Decline — Retail ticket volume slightly declined to 39 million tickets from 40 million in Q1 2025, attributed to a structural change in a partner contract. Management clarified that this decline is not a demand signal, stating, "t...
• Live Entertainment Segment Growth — The Live Entertainment segment reported revenues of EUR 44 million, a significant increase from EUR 292 million last year, driven by strong performances in Germany and the U.S. Willms highlighted that this growth reflect...

Read the full CTS Eventim AG & Co. KGaA transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 6 CTS Eventim AG & Co. KGaA earnings call transcripts on record, spanning March 26, 2024 to May 28, 2026. Based on this history, CTS Eventim AG & Co. KGaA reports semi-annually. The most recent call on file is dated May 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

EVD

Exchange

XTRA

Country

DE

Sector

Communication Services

Industry

Entertainment

Calls on record

6

First call

March 26, 2024

Most recent

May 28, 2026

Reporting cadence

semi-annually