14.09.2023 CTS Eventim AG & Co. KGaA  DE0005470306

CTS EVENTIM has launched the second construction phase of its new ARENA FOR MILAN in the Santa Giulia area – the most modern sports and live entertainment arena in Italy.


 


EQS-Media / 14.09.2023 / 12:03 CET/CEST

CTS EVENTIM has launched the second construction phase of its new ARENA FOR MILAN in the Santa Giulia area – the most modern sports and live entertainment arena in Italy.

  •  The developer and future operator CTS EVENTIM has appointed the ETERIA consortium as the general contractor responsible for completing the building, which was designed by renowned architect David Chipperfield.
  • In doing so, CTS EVENTIM has ensured that the Arena will be finished on schedule to host the 2026 Winter Olympics.

Munich/Milan, 14 Sept. 2023 – CTS EVENTIM, a leading international provider of ticketing services and live entertainment, has started the second construction phase of what will become Italy’s biggest and most modern multifunctional indoor arena. The ARENA in Milan’s Santa Giulia area will open up new opportunities for entertainment and sports events and provide an unprecedented level of service for artists, promoters and fans alike – all in an innovative and sustainable venue.

As the developer and future operator of the Arena, CTS EVENTIM has appointed the Italian construction consortium ETERIA as general contractor. The consortium comprises two of Italy’s major industrial groups, Itinera (ASTM Group) and Vianini Lavori (Caltagirone Group). The partners have years of experience in realising large-scale projects, and their efficiency, skill and reliability will bring the highest degree of certainty to EVENTIM’s ARENA project.

CTS EVENTIM previously demonstrated its abilities when, in collaboration with subsoil engineering company Trevi, it completed the first construction phase (the pile foundation) in only three months, wrapping it up on time within the schedule. With ETERIA now on board, the project moves seamlessly into the second phase and construction continues without delay.

Klaus-Peter Schulenberg, CEO of CTS EVENTIM, says: “We are proud to be able to collaborate with highly qualified partners with whom we share the goal of creating a new iconic landmark for Milan and an innovative, multipurpose space that will become a focal point for sports and live entertainment not only for Milan but for all of Italy.”

The Arena, which was designed by architect David Chipperfield in collaboration with the international engineering firm Arup, will have a capacity of 16,000 and will be framed by a plaza offering more than 10,000 square meters of space for summer festivals and outdoor events.


 

ABOUT CTS EVENTIM

CTS EVENTIM is one of the leading international providers of ticketing services and live entertainment with more than 250 million tickets marketed per year using the Company’s systems – via physical box offices, online, or from mobile devices. Its online portals include brands such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it, and entradas.com. The promoter network EVENTIM LIVE is recognized as the third largest promoter in the world according to Pollstar’s global promoter ranking 2022. Its concert, tour, and festival promoter companies sold more than 20 million tickets in 2022 for events including Rock am Ring, Rock im Park, Hurricane, Southside and Lucca Summer. In addition, CTS EVENTIM operates some of Europe’s most renowned venues: the LANXESS Arena in Cologne, the K.B. Hallen in Copenhagen, the Waldbühne in Berlin and the EVENTIM Apollo in London. CTS Eventim AG & Co. KGaA (ISIN DE 0005470306) has been listed on the stock exchange since 2000 and is currently a member of the MDAX segment.

ABOUT ETERIA

In June 2021, ETERIA was founded with the desire to pool the industrial experience and long-standing expertise of two of Italy's leading industrial groups, the Caltagirone Group and the Gavio Group (ASTM), to contribute to the country's infrastructural revitalization through the construction of complex works. In September 2021, ICOP, a company specializing in underground engineering and a national leader in micro-tunneling activities, joins the consortium, which shares values and business vision with ETERIA's founding members, increasing the consortium's references and enhancing its industrial capacity.

Currently, the membership is composed of Vianini Lavori of the Caltagirone Group (45.45 percent), Itinera (40.45 percent) and Sinelec (5 percent) of the ASTM Group and Icop (9.1 percent).

ETERIA looks to the future and the revitalization of Italy, creating value and ensuring increasing competitiveness to serve the country by guaranteeing know-how, skills as well as a solid capital and financial capacity, to face the Italian market of public and private works.


 

Contacts:

CTS EVENTIM
Christian Colmorgen  
Head of Corporate Communications
[email protected]

Barabino & Partners
Alice Corbetta: +39 340 4557 565
[email protected] 
Federico Vercellino: +39 331 5745 171
[email protected]



End of Media Release

Additional features:

File: Arena for Milan - Images (c) CTS EVENTIM


Issuer: CTS Eventim AG & Co. KGaA
Key word(s): Enterprise

14.09.2023 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: CTS Eventim AG & Co. KGaA
Rablstr. 26
81669 München
Germany
Phone: 0421/ 3666-0
Fax: 0421/ 3666-290
E-mail: [email protected]
Internet: www.eventim.de
ISIN: DE0005470306
WKN: 547030
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1726395

 
End of News EQS Media

1726395  14.09.2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 1.033,98 1.241,69 1.443,13 256,84 407,82 1.925,80 2.100,00
EBITDA1,2 201,63 228,24 284,28 -7,12 203,08 379,54 416,00
EBITDA-Marge3 19,50 18,38 19,70 -2,77 49,80 19,71
EBIT1,4 165,73 190,77 230,19 -62,93 147,58 318,96 356,00
EBIT-Marge5 16,03 15,36 15,95 -24,50 36,19 16,56 16,95
Jahresüberschuss1 112,81 130,28 146,09 -88,07 93,27 253,78 280,00
Netto-Marge6 10,91 10,49 10,12 -34,29 22,87 13,18 13,33
Cashflow1,7 220,97 339,77 141,00 -125,68 502,74 179,03 0,00
Ergebnis je Aktie8 1,18 1,23 1,38 -0,86 0,92 2,12 2,60
Dividende8 0,59 0,62 0,00 0,00 0,00 0,00 0,98
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
CTS Eventim
WKN Kurs in € Einschätzung Börsenwert in Mio. €
547030 71,000 Halten 6.816,00
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
26,10 31,44 0,83 68,34
KBV KCV KUV EV/EBITDA
8,04 38,07 3,54 16,24
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,60 0,85 14.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
23.05.2024 22.08.2024 21.11.2023 26.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
11,74% 17,05% 13,42% 15,17%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu CTS Eventim AG & Co. KGaA  ISIN: DE0005470306 können Sie bei EQS abrufen


Medien (Film, Musik) , 547030 , EVD , XETR:EVD