DGAP-Adhoc: CTS Eventim returns to record figures in Q1/2009

CTS EVENTIM AG / Quarter Results

14.05.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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CTS Eventim returns to record figures in Q1/2009

Revenue increases by approx. 47% to EUR 119.0 million / EBIT grows by 95%
EUR 18.1 million / Consolidated net income almost doubled to EUR 10.2
million / Internet ticketing volume expands by around 63% / 78 million
visitors to the online portals

Munich, 14.05.2009. The CTS Group maintained its strong growth rate in the
first quarter of 2009. CTS EVENTIM AG, listed in the SDAX index (ISIN DE
0005470306), is Europe's market leader in the ticketing field and the
world's third-biggest provider of live entertainment. In the months from
January to March 2009, the CTS Group won additional market shares and
achieved high double-digit growth in all segments. The main growth drivers
were the large number of attractive concerts and tours, and rigorous
expansion of the company's high-margin Internet ticketing business.

In the first quarter of 2009, the CTS Group generated EUR 119.0 million in
revenue (Q1/2008: EUR 81.0 million, up 46.9%), an EBIT of EUR 18.1 million
(Q1/2008: EUR 9.3 million, up 95.2%) and an EBITDA of EUR 20.2 million
(Q1/2008: EUR 10.9 million, up 85.3%). Consolidated net income amounted to
EUR 10.2 million (Q1/2008: EUR 5.2 million, up 96.8%), and earnings per
share to EUR 0.42 (Q1/2008: EUR 0.22). 

In the Ticketing segment, substantially higher revenue and earnings figures
are mainly attributable to high-margin ticket sales via the Internet.
Between 1 January and 31 March 2009, the CTS Group sold around 3.2 million
tickets via the Internet, a year-on-year increase of around 63% (Q1/2008:
around 2.0 million). During the quarter, the Group's online portals logged
almost 78 million (Q1/2008: 50.1 million). With revenue at EUR 35.9 million
before consolidation of segments (Q1/2008: EUR 24.0 million, up 49.4%), an
EBIT of EUR 10.6 million was generated. This figure is 74.2% higher than
the EUR 6.1 million achieved in Q1/2008. EBITDA rose to EUR 12.2 million, a
65.8% year-on-year improvement on the Q1/2008 figure of EUR 7.3 million).

The Live Entertainment segment generated EUR 83.9 million in revenue
(Q1/2008: EUR 57.7 million, up 45.4%). EBIT came in at EUR 7.5 million
(Q1/2008: EUR 3.2 million, up 135.0%), while EBITDA increased to EUR 8.0
million (Q1/2008: EUR 3.6 million, up 125.5%). 

During the current business year, efforts will be focused on
intensification of Internet ticketing operations, expanding to other
countries by making acquisitions and on continued implementation of the
long-term cooperation agreement concluded with Live Nation in December 2007
and successfully launched at the start of the year.

At today's Shareholders' Meeting, the Management Board and Supervisory
Board will propose a dividend for the 2008 business year of EUR 0.61 on
each of the 24 million no-par bearer shares (2007 dividend: EUR 0.49).
Around EUR 14.6 million is to be distributed in total, compared to EUR 11.8
million in 2008. This will be the fourth year in succession that the Group
has paid a dividend.

The full interim report will be available on the Internet at www.eventim.de
in both German and English, in an online version and in download form, as
from 29 May 2009.

For further information contact:
Volker Bischoff, CFO, CTS Eventim AG, +49 (0)421-3666-233
DGAP 14.05.2009 
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Language:     English
Issuer:       CTS EVENTIM AG
              Contrescarpe 75 A
              28195 Bremen      Deutschland
Phone:        +49 (0)421-36 66-233
Fax:          +49 (0)421-36 66-290
E-mail:       investor@eventim.de
Internet:     www.eventim.de
ISIN:         DE0005470306
WKN:          547030
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hannover, München, Hamburg, Düsseldorf, Stuttgart
End of News                                     DGAP News-Service
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