CTS Eventim AG & Co. KGaA (CEVMY) Research

CTS Eventim AG & Co. KGaA, a prominent German company, is a leading player in the global leisure and entertainment industry, with operations spanning numerous countries including Germany, Italy, the United States, Switzerland, Austria, Finland, the Netherlands, and Spain. Its business is organized into two distinct divisions: Ticketing and Live Entertainment. The Ticketing division oversees the entire lifecycle of event tickets, encompassing their production, distribution, brokerage, sale, and marketing for a diverse range of happenings such as concerts, theatrical shows, art exhibits, and sports events. This segment employs a sophisticated array of platforms, including eventim.Web for online promotion, EVENTIM.Net as its central network hub, EVENTIM.Inhouse for internal ticketing requirements, EVENTIM.Tixx specifically for sports ticketing, EVENTIM.Light to offer self-service solutions for event organizers, and EVENTIM.Access for comprehensive sales and entry control. Beyond core ticketing, this division also provides the kinoheld software for cinema operators, manages EVENTIM.fanSALE (a platform enabling customers to resell tickets), and operates a portfolio of well-known online ticketing portals such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it, and entradas.com. The Live Entertainment division is responsible for the conceptualization, organization, and execution of various tours, events, and festivals, particularly focusing on musical performances and concerts. Additionally, this segment engages in the promotion of music productions and is involved in the management and operation of entertainment venues. Founded in 1989 and based in Bremen, Germany, the company underwent a name change in May 2014, evolving from its former identity as CTS EVENTIM AG to its current designation, CTS Eventim AG & Co. KGaA.

Market snapshot

Symbol
CEVMY
Price
$15.60
Day change
0.00%
Market cap
$5.0B
P/E ratio
17.12x
52-week range
12.87-31.855
Sector
Communication Services
Industry
Entertainment

Recent news

  • CTS Eventim Shares Jump After U.S. Tours, Winter Olympics Drive Earnings

    The stock was the sharpest riser in the Europe-wide Stoxx 600 index, though shares remained down more than 20% so far this year.

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