CTS Eventim shares hit record high post Q2 results
The pan-European giant's newly acquired See Tickets business contributed to a 21.2% rise in quarterly revenue to €793.6m
News By James Hanley | 22 August 2024
CTS Eventim’s share price has soared to an all-time high after the company raised its guidance for 2024 in light of its “excellent” Q2 financial results.
Shares in the German-headquartered giant jumped more than 7% to a new peak of €91.15 on the back of the figures, which included its recently acquired festival and international ticketing businesses from Vivendi for the first time. The deal, which concluded in June, includes See Tickets and a portfolio of 11 festivals including the…
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