EQS-News
DEAG achieves new revenue level in “transformation year” 2024 – Strategic investments and strong start to the year create basis for future sustainable growth
- DEAG reports 18% revenue growth to EUR 370 million.
- EBITDA at EUR 14.4 million, impacted by investments.
- Strong ticket sales for 2025, securing EUR 150 million.
EQS-News: DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): Annual Report Corporate News |
DEAG achieves new revenue level in “transformation year” 2024 – Strategic investments and strong start to the year create basis for future sustainable growth
- Revenue increases by around 18% to a new high of roughly EUR 370 million
- EBITDA of EUR 14.4 million temporarily impacted by strategic investments in the future and non-recurring effects
- International expansion and M&A strategy successfully continued
- Ticketing remains on a growth trajectory with over 11 million tickets sold across the Group
- As of the reporting date, around 4 million tickets already sold for 2025, securing approx. EUR 150 million in revenue
- Strong increase in earnings with a moderate increase in revenue expected in 2025
Berlin, 25 April 2025 – DEAG Deutsche Entertainment Aktiengesellschaft (“DEAG”) looks back on a mixed financial year 2024, which was characterised on the one hand by a new revenue peak, but also by targeted, above-average strategic investments in future growth. With an increase in revenue of around 18% to approximately EUR 370 million (previous year: EUR 313.5 million), DEAG achieved the highest revenues in the company’s history. Due to targeted investments, a temporary decline in operating earnings was accepted for the reporting year. In the fourth quarter of 2024, revenues rose by around 17% year-on-year to around EUR 117 million, mainly due to a strong Christmas-related business. With high advance sales for live events in 2025, a solid foundation has been laid for DEAG’s sustainable, successful business development. As of the reporting date, DEAG had already sold around 4 million tickets to events taking place in 2025. The company thus set a new benchmark for advance sales figures for a subsequent year, which ensures high visibility and predictability for 2025. Therefore, the revenue already secured is around EUR 150 million, significantly exceeding the previous peak of EUR 129 million from 2021 for 2022, DEAG’s most successful financial year to date.