March 11, 2020 / 2:31 PM / 20 days ago

BRIEF-CTS Eventim FY Normalised EBITDA Up At EUR 286.5 Mln

March 11 (Reuters) - CTS EVENTIM AG & CO KGAA:

* CTS EVENTIM BOOSTS REVENUE AND EARNINGS TO MAKE 2019 ANOTHER RECORD YEAR

* GROUP REVENUE IN 2019 ROSE 16.2% YEAR-ON-YEAR TO A TOTAL OF EUR 1.44 BILLION (2018: EUR 1.24 BILLION)

* FY NORMALISED EBITDA FIGURE IMPROVED BY 25.6% TO EUR 286.5 MILLION (2018: EUR 228.1 MILLION)

* OUTLOOK 2020: CORONAVIRUS SITUATION WILL HAVE NEGATIVE IMPACTS ON TICKET SALES AND REVENUE IN CONCERT SECTOR Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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