WHAT’S UP Nr. 9 • December 2006 AN INVESTOR AND PRESS SERVICE 0F CTS EVENTIM AG www.eventim.de EIN PRESSE- UND VERANSTALTERSERVICE DER CTS EVENTIM AG, MUNICH www.eventim.de CTS EVENTIM CONTINUES TO OUTPERFORM Internet ticketing as driver of corporate growth – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – In the period from 1 July to 30 NINE-MONTH FIGURES: ON SUCCESSFUL TRACK September 2006, Europe’s leading ticket marketer for concert, theatre and CTS EVENTIM AG has further boosted its pace of growth, significantly increasing its sports events and provider of live revenue and earnings figures in the third quarter of 2006. Group revenue as at 30 entertainment again achieved a September 2006 had risen 41.0% higher year-on-year to EUR 258.0 million (Q1- marked increase in the volume of tick- 3/2005: EUR 183.0 mil- ets it sold via the Internet. As at 30 lion). Group EBIT Group financials – key figures Q3 2006 September 2006, and excluding tickets increased disproportionate- for the FIFA World Cup, a total of 3.1 Q3 2006 Q3 2005 Change ly to EUR 34.0 million (Q1- million tickets were sold online, corre- 3/2005: EUR 22.4 million; Revenue in E m 258,023 182,952 41,0 % sponding to 52.5% year-on-year up 51.8 %) The EBIT mar- growth. CEO Klaus-Peter Schulenberg EBIT in E m 33,969 22,380 51,8 % gin advanced from 12.2 % comments: ‘We expect the volume of EBITDA in E m 38,631 25,791 49,8 % to 13.2 %. An EBITDA fig- Internet ticketing to grow by more than ure of EUR 38.6 million 50% in 2006 as a whole.’ Around 91 Result per share in E 0,71 0,43 65,2 % was achieved, thus exceed- million music and event fans (Q1- ing the prior-year figure of 3/2005: 60 million) had visited the Group’s portals at www.eventim.de EUR 25.8 million by just under 50.0%. Group earnings amounted to EUR 16.9 mil- and www.getgo.de by 30 September lion (Q1-3/2005: EUR 10.3 million, up 64.2%); earnings per share increased accord- 2006. ‘Our forecasts in this area, too, ingly to EUR 0.71 (Q1-3/2005: EUR 0.43). Cash flow showed a 38.0% improve- have been accurate. The World Cup ment, from EUR 19.2 million a year previously to EUR 26.5 million. The Group, list- was an attractive bonus. Our core busi- ed in the SDAX index, was thus able to remain on successful track and expand on ness, however, is very robust and its strong market position in Europe. advancing rapidly, independently of any single events’, notes Schulenberg. Outlook for 2006: Expansion and growth of online business The Management Board is optimistic as regards business development in the current business year and expects a further increase in the key performance figures during The CTS-Share 01.10.2005 - 31.10.2006 % the traditionally strong fourth quarter. The highly profitable online business, combined 150 with presales for tours by numerous international stars such as Justin Timberlake, 140 130 Christina Aguilera and Shakira, will provide a significant boost to both revenues and 120 earnings. Efforts are focused on growing the Internet ticketing business and pushing 110 international expansion. 100 90 Okt. Okt. Nov. Nov. Dez. Dez. Jan. Jan. Feb. Mrz. Mrz. Apr. Apr. Mai. Mai. Jun. Jul. Jul. Aug. Aug. Sep. Sep. Okt. Okt. The latest quarterly report can be downloaded at www.eventim.de/Investor Relations. 05 05 05 05 05 05 06 06 06 06 06 06 06 06 06 06 06 06 06 06 06 06 06 06 CTS Eventim AG SDAX Shares remain attractive CTS shares appreciated in value by more than 31% in the first ten months of 2006, rising by the end of October to EUR 27.10 . Shares profited from enhanced awareness of CTS EVENTIM AG in the wake of the Football World Cup. Research on CTS shares is produced not only by Bayerische Landesbank and DZ-Bank, but also by Berenberg Bank and Nord LB, Morgan Stanley, Citigroup and Cheuvreux. This means that these SDAX-listed securities enjoy a level of coverage far above average. 2 WHAT’S UP LUXEMBOURG AS CULTURAL CAPITAL OF EUROPE 2007 WITH TICKETING FROM CTS EVENTIM – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – Ticket sales for the numerous events that will be taking place as part of the ‘Luxembourg: Cultural Capital of Europe 2007’ celebrations are managed using software systems developed by the CTS EVENTIM Group. For the first time ever, a special customer card integrated into this proven ticketing system will be in use. In collaboration with the General Coordinator of Cultural Capital 2007 and the local ticketing partner, Luxembourg Ticket, EVENTIM has developed the ‘Pass 2007’ system, a personal customer card valid for a whole year. This is just one way in which the company is bringing its technology leadership to the fore. Luxembourg is the first European city to bear the ‘Cultural Capital’ title for the second time, having been ‘European City of Culture’ back in 1995. The programme of events that Luxembourg will be presenting to the broader region in 2007 is accordingly large: in an area with more than 11 million inhabitants, more than 350 cultural projects are in planning, including music, theatre, exhibitions, workshops and much more besides. For a full year, ‘Pass 2007’ grants the bearer free entry to exhibi- tions, as well as a 20% price reduction for most stage events included in Luxemburg 2007. Pass holder rights are verified by the EVENTIM software as soon as tickets are purchased – not only at the box office, but also via the Internet. ACQUISITION OT TICTEC AND STRATEGIC HOLDING IN ACT ENTERTAINMENT – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –– – – – – – – – – – – – – – – – – – – – Nationwide market entry in Switzerland already taken over 100% of the shares in TicTec AG, one of the leading Swiss ticket marketers and domiciled in Basle. Started CTS EVENTIM has completed its nationwide entry into the in 2000, TicTec AG is the operator of the TicTec system and the Swiss ticketing market and has also established a strong pres- www.tictec.ch Internet platform. TicTec cooperates with many ence in the Live Entertainment segment. Im November 2006, event organisers, operates more than 70 box offices in CTS EVENTIM acquired the share of Basle-based Act Switzerland and Liechtenstein and deploys new technologies Entertainment AG through Medusa, a CTS event holding enter- such as electronic access control and ‘Mobile Ticketing’. In the prise. Act Entertainment, established in the year 2000, is one of current business year, the company is aiming for ticketing vol- Switzerland’s leading event organisers with 150 to 200 events ume in excess of one million. annually. Besides organising many musicals and shows, Act This means the EVENTIM Group now covers the entire Entertainment is also active in the field of major pop and rock German-speaking area, also as an event organiser. At the events, with involvement in concerts by the likes of Herbert same time, the company can now implement in Switzerland as Grönemeyer, Anastacia, Rammstein, Mark Knopfler, Joe well the added-value chain that has already proven its merits in Cocker, Kylie Minogue and R.E.M. other countries – from planning a tour, to holding individual con- In July 2006, prior to this acquisition, CTS EVENTIM had certs, to ticket sales to final customers. 3 WHAT’S UP PUR CLUBTOUR 2006 Most successful presales ever CTS customers profit from innovative ticket raffling procedure - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - To mark their 25th stage anniversary, the German band PUR is Genesis tour sets a record for Internet ticketing giving its fans a special present: between the 3rd and 9th of Phil Collins, Tony Banks and Mike Rutherford from cult rock September 2006, the musicians will be giving six concerts in band Genesis are going back on the road for the first time in selected clubs. 4700 tickets were exclusively on sale on the CTS 15 years. In summer 2007, the band will be giving a series of EVENTIM online portals, www.eventim.de and www.geto.de, stadium concerts all over Europe. From 15 June to 10 July where fans could grab tickets for 17.50 euros for the gigs in 2007, eight German cities will be on their itinerary: Hamburg, Ludwigsburg, Munich, Frankfurt, Cologne, Berlin and Hamburg. Hanover, Düsseldorf, Stuttgart, Berlin, Leipzig, Frankfurt and Around 150,000 fans registered online for the club tour during the Munich. Genesis have sold more than 130 million albums.They four-day period the offer was open. Due to the enormous demand, are one of the few British bands to have attained worldwide EVENTIM allocated tickets using a special raffling procedure that success, and have been doing so for four decades already. had already been successfully applied for the 2006 Football World Exclusive presales via the Internet portals of CTS EVENTIM Cup. The media response to the 2006 club tour by PUR was sub- gave Genesis yet another record: around 100,000 tickets sold stantial. on the very first day made this the most successful presale campaign since the www.eventim.de and www.geto.de were launched. HERBERT GRÖNEMEYER Exclusive ticket presales via Internet The last tour by Herbert Grönemeyer in 2003 was the most suc- cessful ever put on in Germany, with well in excess of one million tickets being sold. Next year, the stadiums will be filled once again by this exceptional artist and performer. Presales have already begun. Only at CTS EVENTIM can fans make sure of getting one of the much sought-after tickets via exclusive presales on the Internet. Demand was expectedly huge: within a week, more than 100,000 tickets were sold.