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CTS EVENTIM AG & CO. KGAA

(EVD)
  Report
Real-time Estimate Tradegate  -  06:23 2022-09-28 am EDT
41.91 EUR   -1.16%
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Rudolf Weber ARENA in Oberhausen is now a ticketing partner of CTS EVENTIM

08/16/2022 | 05:08am EDT

DGAP-News: CTS Eventim AG & Co. KGaA / Key word(s): Miscellaneous
Rudolf Weber ARENA in Oberhausen is now a ticketing partner of CTS EVENTIM

16.08.2022 / 11:06 CET/CEST
The issuer is solely responsible for the content of this announcement.


Press Release

Rudolf Weber ARENA in Oberhausen is now a ticketing partner of CTS EVENTIM

Munich/Oberhausen, 16 August 2022. Today, 16 August 2022, Rudolf Weber ARENA in Oberhausen became an official ticketing partner of CTS EVENTIM, a leading international ticketing and live entertainment provider. Going forward, the partnership will make a whole host of benefits available to visitors purchasing tickets through the arena’s website. These benefits include a free choice of seats from the entire seating plan.

“The partnership with CTS EVENTIM is the next step in the development of our arena,” says general manager Mirco Markfort. “Unrestricted availability of tickets directly via our website and a strong service concept for our visitors were key criteria for us in the selection of our future ticketing partner.”

Since 16 August 2022, it has thus been possible to book tickets for any event at Rudolf Weber ARENA directly through the venue’s website, with the same level of service and the same scope of use offered by market leader CTS EVENTIM. This also includes an expansion of availability for handling individual questions and issues raised by visitors to the arena.

“We are delighted that this new partnership further strengthens our position as a service partner for large arenas in Germany such as LANXESS Arena, Barclays Arena and Mercedes-Benz Arena,” says Karsten Elbrecht, Vice President of Sales at CTS EVENTIM.


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.

 

About Rudolf Weber ARENA and ASM Global

Rudolf Weber ARENA in Oberhausen is one of the most cutting-edge and flexible multi-purpose arenas in Germany. It has a maximum capacity of 12,850 visitors and was the first arena in Germany to be privately operated. Overnight, this highly flexible multifunctional space can be transformed from a sports venue or an ice rink into a theatre or concert hall. In terms of marketing, event booking, technology, catering, and safety and security, it is a pioneering player in the events industry.

The success of Rudolf Weber ARENA in Oberhausen has been driven by ASM Global, a strong company that operates more than 325 prestigious arenas, stadiums, performing arts venues, and conference and exhibition centres in 14 countries across five continents. As the most trusted global operator of event venues, ASM Global covers all aspects of event strategy and management as well as sales, marketing, booking, pre-opening services, and construction and design consultancy.

 

CTS EVENTIM
Head of Corporate Communications:  
Frank Brandmaier 
Tel.: +49.40.380788.7299
frank.brandmaier@eventim.de

Investor Relations:
Marco Haeckermann
Vice President Corporate Development & Strategy
Tel.: +49.421.3666.270
marco.haeckermann@eventim.de

 

Rudolf Weber-ARENA:
David Inhoven, Marketing/Press
Arenastr. 1
46047 Oberhausen
Germany
Tel: +49 (0)208 8200 218
Mobile +49 (0)170 4482 372
Email: presse@de.asmglobal.com

 

 



16.08.2022 CET/CEST Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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: info@eventim.de
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: 1421525

 
End of News DGAP News Service

1421525  16.08.2022 CET/CEST

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Sales 2022 1 374 M 1 319 M 1 319 M
Net income 2022 130 M 125 M 125 M
Net cash 2022 675 M 648 M 648 M
P/E ratio 2022 31,3x
Yield 2022 1,55%
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EV / Sales 2023 1,98x
Nbr of Employees 3 190
Free-Float 61,2%
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Number of Analysts 7
Last Close Price 42,40 €
Average target price 63,86 €
Spread / Average Target 50,6%
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Klaus-Peter Schulenberg CEO, Director-Corporate Strategy & Marketing
Andreas Grandinger Chief Financial Officer
Bernd Kundrun Chairman-Supervisory Board
Christian Alexander Ruoff Chief Operating Officer
Cornelius Baur Deputy Chairman-Supervisory Board
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