DEAG reaches ‘new level’ of earnings in 2023
Wanting to further accelerate its growth, the German live entertainment company says its considering a possible stock market listing
News By Lisa Henderson | 30 November 2023
Deutsche Entertainment (DEAG) has announced a “new level of revenue and earnings” in 2023, thanks to a consolidation break and the industry’s full recovery after Covid-19.
The German live entertainment company today reported earnings for the first nine months of the 2023 financial year, driven by its “own formats, the successful buy and build strategy, and the outperformance in the ticketing business”.
Compared to the pre-Covid year 2019, revenue increased by 73.3% from €123.1 million to €213.3m. Earnings before interest, taxes,…
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