Marco Heckermann
Chief Financial Officer
Replay available
Cts Eventim Ag & Co Kgaa (CEVMF) Q3 2025 Earnings Call
Cts Eventim Ag & Co Kgaa (OTC: CEVMF) Q3 2025 earnings conference call, held 2025-11-20. Replay captured from the company's public earnings webcast.
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:06.257 Hello and welcome to the CTS Eventim Earnings Call Q3 2025. 00:00:06.641 -- 00:00:11.067 At this time, all participants have been placed on a listen-only mode. 00:00:11.067 -- 00:00:15.553 The floor will be open for your questions following the presentation. 00:00:15.553 -- 00:00:19.957 Now I hand the floor over to Marco Heckermann. 00:00:20.220 -- 00:00:24.967 Thank you very much. Welcome to the third quarter earnings call of CTS Eventim. 00:00:24.967 -- 00:00:27.210 My name is Marco Heckermann, 00:00:27.210 -- 00:00:32.468 and I'm going to present the the third quarter, followed by a Q&A session. 00:00:32.468 -- 00:00:34.928 So let's go. The 00:00:36.534 -- 00:00:41.763 headline for the Q3 result is very clear. We're leaving the noise of Q2 behind, and 00:00:41.763 -- 00:00:45.374 we're talking about strong signals we've seen in Q3. 00:00:45.374 -- 00:00:49.920 Ticketing has posted positive like-for-like growth in the third quarter. 00:00:49.920 -- 00:00:54.967 Adjusted EBITDA margin in the segment is up by more than 200 basis 00:00:54.967 -- 00:00:57.110 points, despite 00:00:57.110 -- 00:01:01.977 ongoing integrations from SeaTickets and France Billet. 00:01:01.977 -- 00:01:06.904 The development in ticketing is backed by very strong organic margin growth in the third 00:01:06.904 -- 00:01:09.325 quarter year-over-year. 00:01:09.488 -- 00:01:15.412 Live entertainment returned to growth in the third quarter after a muted Q2. 00:01:15.412 -- 00:01:21.258 Adjusted EBITDA margin is up by more than 100 basis points in Q3 year-over-year, 00:01:21.258 -- 00:01:25.283 and our venue operations delivered on prior year's level. 00:01:25.283 -- 00:01:30.389 We've seen a positive financial result in the third quarter of a little bit more th...