CTS Eventim AG & Co. KGaA — Earnings Release 2013

Feb 25, 2014

News Details

Ad-hoc | 25 February 2014 09:28

CTS EVENTIM posts substantial boost in revenue and earnings

CTS Eventim AG / Key word(s): Preliminary Results

25.02.2014 09:28

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Ad hoc Announcement pursuant to Section 15 WpHG (Securities Trading Act)

Preliminary figures for the 2013 financial year (1.1. - 31.12.13)

CTS EVENTIM posts substantial boost in revenue and earnings

Group revenue up 20.8% to EUR 628.3 million / Normalised EBITDA advances
13.7% to EUR 136.3 million / Live Entertainment segment increases EBITDA by
16.2% to EUR 32.0 million / Ticketing segment improves normalised EBITDA by
12.4% to EUR 104.3 million

Munich, 25 February 2014. CTS EVENTIM AG, listed in the SDAX index (ISIN
DE0005470306), boosted revenue and earnings to record level in the 2013
financial year and continued to reinforce its leadership in the European
ticketing and live events markets. Despite phases of economic weakness in
some individual European countries, the business model of the CTS Group
proved to be very robust. The two segments, Ticketing and Live
Entertainment, achieved significant growth in both revenue and earnings.
The Management Board will announce its dividend proposal for the past
financial year when the Annual Report is published at the end of March
2014.

According to preliminary figures, the CTS Group showed excellent business
performance in the financial year 2013. Revenue rose 20.8% to EUR 628.3
million (2012: EUR 520.3 million), while normalised EBITDA improved by
13.7% to EUR 136.3 million (2012: EUR 119.9 million). Normalised EBIT,
before amortisation from purchase price allocation, was up 15.4%
year-on-year at EUR 123.7 million (2012: EUR 107.1 million). EBITDA rose
11.0% to EUR 133.9 million (2012: EUR 120.6 million), while EBIT improved
by 13.4% to EUR 110.9 million (2012: EUR 97.8 million).

In the period under review, the Ticketing segment generated EUR 269.7
million in revenue before consolidation between segments, up 16.5% from EUR
231.5 million in 2012. The Ticketing segment achieved a significant
year-on-year increase in revenue and earnings due to many attractive events
and the traditionally strong fourth quarter. In the financial year 2013,
the CTS Group sold 23.8 million tickets via the Internet - which equates to
around 16% growth over the prior year (20.6 million tickets). Normalised
EBITDA was up 12.4% at EUR 104.3 million (2012: EUR 92.8 million), while
normalised EBIT before amortisation from purchase price allocation was up
14.3% at EUR 93.9 million (2012: EUR 82.1 million). EBITDA was 9.0% higher
at EUR 101.9 million (2012: EUR 93.5 million), while EBIT increased by
12.1% to EUR 81.6 million (2012: EUR 72.8 million).

The Live Entertainment segment reported strong revenue growth of 23.4% to
EUR 365.8 million in the year under review, compared to EUR 296.4 million
in 2012. EBITDA was 16.2% higher at EUR 32.0 million (2012: EUR 27.5
million), while EBIT increased by 15.3% to EUR 29.3 million (2012: EUR 25.4
million). In this segment also, the large number of attractive live events
was a key factor contributing to excellent business performance on record
level.

Following a strong performance in 2013 and a good start into the new
financial year 2014, the Management Board expects positive business
performance in 2014 as well. These expectations are further supported by
the continuous expansion of Internet ticketing operations, by continuing
international expansion and by the launching of new products and services
by the CTS Group.

The figures for 2012 have been adjusted due to application of mandatory
accounting standards (amended IAS 19).

For further information contact:
Marco Haeckermann, Director Corp. Development & Strategy, CTS EVENTIM AG, +
49 421 3666 270
Volker Bischoff, CFO, CTS EVENTIM AG, +49 421 3666 250

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Language: English
Company: CTS Eventim AG
Dingolfinger Str. 6
81673 München
Germany
Phone: 0421/ 3666-233
Fax: 0421/ 3666-290
E-mail: claudia.aderhold@eventim.de
Internet: www.eventim.de
ISIN: DE0005470306
WKN: 547030
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service

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