DEAG sees huge returns in third quarter of 2022

Deutsche Entertainment (DEAG) continued to reap the rewards of its bullish M&A strategy in the third quarter of 2022, according to the company’s latest financial results.

The Berlin-based live entertainment group saw revenue and operating profit massively improve in Q3, compared to both last year and the pre-crisis year 2019.

Revenue rose to €101.7 million during Q3 of 2022, up 72% compared to the same period in 2019 and a six-fold increase compared to revenue of €16.7m in the…

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