DEAG posts record-breaking revenue for 2022
The German live entertainment company posted the highest revenue and EBITDA in the firm's 45-year history for 2022
News By Lisa Henderson | 23 March 2023
Deutsche Entertainment (DEAG) is hailing “enormous recovery and growth” after reporting the highest revenue and EBITDA in the company’s 45-year history.
The German live entertainment company saw revenue in the 2022 financial year increase 258.3% to around €325 million, compared to €90.7m in the previous year and €185.2m in the pre-corona year 2019, according to preliminary figures.
EBITDA (earnings before interest, taxes, depreciation and amortisation) surged 40.3% to around €31m, compared to €22.1m in the previous year and €14.1m in 2019.
DEAG attributes the strong…
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