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DGAP-Adhoc: CTS Eventim AG & Co. KGaA: CTS EVENTIM and France Billet to supply ticketing software for Paris 2024


DGAP-Ad-hoc: CTS Eventim AG & Co. KGaA / Key word(s): Alliance
CTS Eventim AG & Co. KGaA: CTS EVENTIM and France Billet to supply ticketing software for Paris 2024

21-Apr-2022 / 17:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad-hoc announcement

Public disclosure of inside information in accordance with article 17 of Regulation (EU) No. 596/2014 (Market Abuse Regulation)

CTS EVENTIM and France Billet to supply ticketing software for Paris 2024

Munich/Paris, 21 April 2022. CTS EVENTIM AG & Co. KGaA and France Billet SA, a joint venture between Fnac Darty Group and CTS EVENTIM, have today concluded an agreement with Paris 2024 Organising Committee for the Olympic and Paralympic Games to provide software and related services to support their ticketing programme (Lot 1 "Ticketing system provider"). This is the first allocation of a total of four lots and includes the provision of Eventim's ticketing software. CTS EVENTIM and France Billet form a consortium with Orange Business Services SA. CTS EVENTIM expects from the agreement a positive revenue contribution in the double-digit million euro range.
 

About CTS EVENTIM
CTS EVENTIM is one of the leading international providers of ticketing services and live entertainment. Before the outbreak of the coronavirus pandemic, around 250 million tickets per annum were marketed using the Company's systems - be it through physical box offices, online, or from mobile terminals. Its online portals operate under brands such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it, and entradas.com. The EVENTIM Group also includes many concert, tour, and festival promoter companies for events like Rock am Ring, Rock im Park, Hurricane, Southside, and Lucca Summer. In addition, CTS EVENTIM operates some of Europe's most renowned venues, for example the LANXESS Arena in Cologne, the K.B. Hallen in Copenhagen, the Waldbühne in Berlin, and the EVENTIM Apollo in London. CTS Eventim AG & Co. KGaA (ISIN DE 0005470306) has been listed on the stock exchange since 2000 and is currently a member of the MDAX segment. In 2021, against a backdrop of forced closures, cancellations, and restrictions on events as a result of the coronavirus pandemic, the Group generated revenue totalling €407.8 million in more than 20 countries. In 2019, the year before the outbreak of the pandemic, revenue was in excess of €1.4 billion.
 

Head of Corporate Communications:
Frank Brandmaier
Tel: +49 (0)40 38078 87299
[email protected]

Investor Relations:
Marco Haeckermann
Vice President, Corporate Development & Strategy
Tel: +49 (0)421 366 6270
[email protected]


21-Apr-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: CTS Eventim AG & Co. KGaA
Rablstr. 26
81669 München
Germany
Phone: 0421/ 3666-0
Fax: 0421/ 3666-290
E-mail: [email protected]
Internet: www.eventim.de
ISIN: DE0005470306
WKN: 547030
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1332401

 
End of Announcement DGAP News Service

1332401  21-Apr-2022 CET/CEST

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CTS Eventim AG & Co. KGaA Aktie

85,05 €
-0,18 %
Ein geringfügiger Verlust für CTS Eventim AG & Co. KGaA heute, um -0,18 %.
Die Community ist bei CTS Eventim AG & Co. KGaA noch unentschieden: Nur wenige Einschätzungen.
Ein positives, wenn auch bescheidenes, Potenzial für CTS Eventim AG & Co. KGaA mit einem Kursziel von 87 € im Vergleich zum aktuellen Kurs von 85.05 €.
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