on DEAG Deutsche Entertainment Aktiengesellschaft (isin : DE000A0Z23G6)
DEAG Reaches New Revenue Heights in 2024 Transformation Year
DEAG Deutsche Entertainment Aktiengesellschaft reported an 18% increase in revenue for 2024, marking a new peak of EUR 370 million. This surge comes amidst strategic investments and a strong market start, setting a foundation for sustainable growth. Despite a dip in EBITDA to EUR 14.4 million due to non-recurring effects and future-focused investments, the company remains optimistic about 2025.
International expansion and merger strategies bolstered DEAG’s market presence, with ticket sales surpassing 11 million. Notably, as of the 2024 reporting period, 4 million tickets for 2025 events have already been sold, securing approximately EUR 150 million in revenue.
Significant acquisitions in the UK and European markets fortified DEAG's position as a leading live entertainment provider. The company organized a diverse range of events, maintaining a robust pipeline for 2025, including concerts by top artists like Sam Fender and Iron Maiden.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all DEAG Deutsche Entertainment Aktiengesellschaft news