DGAP-Adhoc: CTS Eventim AG: CTS EVENTIM announces new record dividend


CTS Eventim AG  / Key word(s): Dividend

23.03.2012 13:47

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Ad hoc Announcement pursuant to Section 15 WpHG (Securities Trading Act)

2011 financial year (1.1. - 31.12.11)

CTS EVENTIM announces new record dividend

More than EUR 21 million dividend for shareholders / EUR 0.44 dividend per
share / EUR 42.2 million in Group earnings at prior-year level, despite
non-recurring items / Earnings per share at EUR 0.88

Munich, 23 March 2012. For CTS EVENTIM AG, listed in the SDAX index (ISIN
DE0005470306), 2011 was a successful year, so the company plans to pay a
dividend similar to the previous year's. At the Shareholders' Meeting on 15
May 2012, the Management Board and the Supervisory Board will propose that
a dividend of EUR 0.44 be paid on each share (prior year: EUR 0.435 per
eligible share, based on 48 million shares after a share capital increase
from company funds in fiscal year 2011). This means that distribution to
shareholders will be slightly higher, at EUR 21.1 million, compared to EUR
20.9 million in 2010. This will be the seventh dividend in succession that
the group has paid. In the past financial year, CTS EVENTIM generated Group
earnings of around EUR 42.2 million (prior year: around EUR 42.3 million
after adjustment for final purchase price allocations) and earnings per
share of EUR 0.88 (prior year: EUR 0.88, based on 48 million shares).

2011 financial year: Double-digit growth in Ticketing segment 

As already announced on 27 February 2012, the ticketing business for music,
cultural and sports events proved yet again to be very stable and robust.
The CTS Group sold 19.2 million tickets via the Internet in fiscal year
2011 - a year-on-year increase of around 12% (2010: 17.1 million). The
Ticketing segment achieved double-digit growth rates in the 2011 financial
year, whereas the Live Entertainment segment, as expected, was unable to
beat the record set in 2010, due to the smaller number of attractive live
events and the deconsolidation of the FKP Scorpio Group.

Outlook for 2012: Further international expansion

In 2012, the Group will continue to focus on rigorously growing its
Internet ticketing operations and on international expansion generally. The
Management Board expects the Group as a whole to progress well in the 2012
financial year and to improve its earnings.

The full Annual Report will be available on the Internet at www.eventim.de
as from 27 March 2012, in an online version and in download form.

For further information contact:
Marco Haeckermann, Director Investor Relations, CTS EVENTIM AG, +49 (0)421
3666-270
Volker Bischoff, CFO, CTS EVENTIM AG, +49 (0)421 3666-233


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Language:     English
Company:      CTS Eventim AG
              Dingolfinger Str. 6
              81673 München
              Germany
Phone:        0421/ 3666-233
Fax:          0421/ 3666-290
E-mail:       claudia.aderhold@eventim.de
Internet:     www.eventim.de
ISIN:         DE0005470306
WKN:          547030
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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