CTS Eventim Q3 Earnings: Revenue Up 4% Despite ‘Challenging Economic Conditions’ in Germany
CTS Eventim, Europe’s largest concert promoter and ticketing service, posted revenue and earnings gains in the third quarter despite what it called “challenging economic conditions” in its home market, Germany. Companywide adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose 13.8% to 137.3 million euros ($161 million) on revenue of 854.2 million euros ($999 […]
