CTS Eventim KGaA (ETR:EVD) First Quarter 2024 Results

Key Financial Results

• Revenue: €408.7m (up 12% from 1Q 2023).

• Net income: €67.5m (up 54% from 1Q 2023).

• Profit margin: 17% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue.

• EPS: €0.70 (up from €0.46 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

CTS Eventim KGaA Earnings Insights

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Entertainment industry in Germany.

Performance of the German Entertainment industry.

The company's shares are up 2.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for CTS Eventim KGaA you should be aware of.

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