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CTS Eventim AG & Co. KGaA: CTS EVENTIM reports substantial boost in revenue and earnings in Q1/2017

DGAP-News: CTS Eventim AG & Co. KGaA / Key word(s): Quarterly / Interim Statement CTS Eventim AG & Co. KGaA: CTS EVENTIM reports substantial boost in revenue and earnings in Q1/2017 24.05.2017 / 09:30 The issuer is solely responsible for the content of this announcement. PRESS RELEASE

CTS EVENTIM reports substantial boost in revenue and earnings in Q1/2017

• Group revenues grow by 27.1 percent to 207.4 million Euro
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• Normalised Group EBITDA increases by 17.9 percent to 45.7 million Euro
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• Online ticketing is key growth driver
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• Successful business development underpinned by strategic advancements
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Munich, 24 May 2017. CTS EVENTIM, one of the world's leading providers of ticketing services and live entertainment, has got off to a successful start to the current financial year. The company, which is listed in the MDAX segment (ISIN DE0005470306), increased its Group revenues significantly by 27.1 percent in the first quarter of 2017 to EUR 207.4 million (Q1/2016: EUR 163.2 million). The normalised Group EBITDA was up 17.9 percent at EUR 45.7 million (Q1/2016: EUR 38.8 million), while the normalised EBITDA margin came in at 22.0 percent. The Ticketing and Live Entertainment segments both contributed to this growth in revenue and earnings.

Klaus-Peter Schulenberg, CEO of CTS EVENTIM, commented: "CTS EVENTIM has got off to a superb start to the year 2017. We have achieved double-digit growth not only in revenues, but also in our operating earnings. Important strategic advancements have been made at the same time - for example in expanding our digital and international businesses."

In the first three months of the year, the Ticketing segment posted a significant 9.2 percent increase in revenue to reach EUR 92.6 million (Q1/2016: EUR 84.8 million), and thus remains the key growth driver for CTS EVENTIM. The normalised EBITDA rose strongly by 11.5 percent to EUR 36.5 million (Q1/2016: EUR 32.8 million), not least due to the sustained trend towards online ticketing. CTS EVENTIM sold a total of 10.8 million tickets via the Internet in the first three months of 2017, which equates to a 14.6 percent increase compared to Q1/2016 (9.4 million tickets).