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Eventim reports ticket revenue rise in Q3

CTS Eventim has reported ticket revenue growth of 14.5 per cent to €106.6m (£91.8m/$118.4m) based on its 2019 third quarter preliminary results.

Over the first nine months of fiscal year 2019, the ticketing segment also generated revenue growth of 11 per cent to €306.9m, while live entertainment increased by 19 per cent to €781.4m.

Third quarter group revenue increased by 19.7 per cent to €378m, while live entertainment generated growth by 21.7 per cent to €276.9m.

The company said it expects unchanged growth in revenues and earnings for fiscal year 2019, with full group quarterly statement to be published on November 21.

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