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EQS-News: DEAG on 1. Halbjahr 2024 with more positive Geschäftsentwicklung in herausforderndem Umfeld

EQS-News: DEAG on 1. Halbjahr 2024 with more positive Geschäftsentwicklung in herausforderndem Umfeld

EQS News: DEAG Deutsche Entertainment Aktiengesellschaft / Schlagwort(e): Halbjahresergebnis

DEAG in 1. Halfyear 2024 with positive Geschäftsentwicklung in herausforderndem Umfeld

29.08.2024 / 16:52 MET/MET
Inhaling the Mitteilung is the Issuer / Herausgeber responsible.

Company news

DEAG in 1. Halfyear 2024 with positive Geschäftsentwicklung in Herausforderndem Umfeld

  • Umsatz gegenüber Vorjahr um 8.2% op rd. 133 million. Euro jerks
  • EBITDA of 3.1 million. Euro im Bereich der Planungen
  • Ticket request for high-level events on 2. Half-year
  • M&A activities are intensifying; weitere Acquisitionen im 2. Halbjahr planted
  • Trotz Herausforderungen weitere Umsatzsteigerung im Gesamtjahr erwartet, EBITDA mindestens auf Vorjahre level planted

Berlin, August 29, 2024 – The DEAG Deutsche Entertainment Aktiengesellschaft (“DEAG”) was able to create a positive Geschäftsentwicklung-verzeichnen in the Halfyear of the Geschäftsjahres 2024 – proud of a schwachen gesamtschaftschaftlichen Umfelds in Europe, one of the most important market preparations at Bereich Festivals and Open Airs, Witterungsbedingter Event-Einschränkungen and significant investments in the structures of DEAG and the rest of the Wachstum.

Der Umsatz im Berichtszeitraum remained 8.2% of 122.7 Mio. Euro up to 132.7 million. Euro. The EBITDA amounts to 3.1 million. Euro (Vj. 5.1 million euros) is the most used in the Rahmen der Planungen. Here you will find an application in the Zusammenhang with the im ersten Halbjahr 2024 vorgenomenen Vorstandsumbau and Integration costs for übernommene Unternehmen bereits enthalten. These are the reasons for the prior investment in the production of organic and inorganic data collection in the area. Digitization and modernization of the IT infrastructure of DEAG, especially in the joint area of ​​ticketing, will also be reviewed in the reporting period. There is a significant adjusted EBITDA lagging behind at more than 4 million. Euro. Since the DEAG makes a EBITDA in the whole year, it is the case that the profit and loss accounts for the ESG reporting statutes move the least at the world level. Beim Umsatz for the total year 2024, an increase over the previous year has been planned. The high level of consolidation in the coming quarters is manifested in the contract binding properties, on 30 June 2024 with 103 million euros, approximately 50% above the value of 69 million euros a year ago.

In the Deutschland war, the reporting period of a Rückgang der Wirtschaftsleistung and of continuing private consumer goods is emphasized. The European football competition in Germany in June and July as international, has a large number of branded articles and a wide variety of products, which the nachfrage nach andere Freizeit- en Unterhaltungsangeboten in the Turnierfase let sail. Europe is a market preparation on the Festival and Open-Air Market, the hundreds of festivals that take place there. The Festivals of the DEAG – especially in the EDM area – can develop on the market. While we miss the last festival season of the DEAG in the summer, Germany will let the European regions rain more strongly and become more illegal in Germany, while the events that have completed the Wetterbedingungen must be completed or now with lighter Kapazitätsaus the last veranstaltet veranstaltet worden konnten. There were a few versions of DEAG that were affected here at the group level and could cooperate with the Grund not at the highest level. Here the value of the signal is significantly reduced, which allows the display of the display to happen at full height. Desens have developed the DEAG as a whole, its own event format is now more extensive, its Buy-&-Build strategy is strongly developed and a large ticketing network. Entsprechend probably the Gesellschaft looks with a high sales density on the second half of 2024. With a high available liquidity of 97 million. Euro towards the end of the first half of 2024, the DEAG finds a solid financial basis for a hereditary, expansive development.

After the market establishment in Spain during the fourth quarter of 2023, the DEAG is in the international waiting list in the next months of the business year 2024 fort and acquired three companies. The area festivals will further emphasize the majority of the black mamba Event & Marketing GmbH. The companies organize among others the “Sputnik Spring Break”, one of the largest open-air festivals in East Germany. In Great Britain, the new position in the spoken word and literary events during the takeover of “How to Academy” is expanded and active in live entertainment during the expansion of the event translators “ShowPlanr” is extended. Darüber could work with an investment in District Live, by a special hip-hop booking division of DEAG, the competence center in the hip-hop area has been expanded and organized. The DEAG factory started a year later with the execution of M&A activities and finds its origins in the Australian business community in Gesprachen. A focus lies on the Bereich Ticketing for the further expansion in the European Ausland.

The DEAG target in 2024 and half of its consortia with their own Veransteltungsformaten for erzielen, for an even greater anteil and tickets for the consort-oriented Ticketing platforms myticket.themyticket.at, myticket.co.uk, gigantic.com and tickets.ie are selling. As of the end of June 2024, tickets for concerts and events in 2024 and 2025 have sold 18% to 5.8 million. An amount of 11 million has been paid for the costs. Tickets are sold, next to 10 million in 2023. Tickets are sold.

I am Halbjahr veranstalte de DEAG een Vielzahl een Konzerten und Tournee met Künstlern met AC/DC, Andreas Gabalier, Alice Cooper und UB 40 die zahlreiche Veranstaltungen voor de entire Familie with Disney on Ice, Harlem Globetrotters oder in Bereich Spoken Word & Literary Events Veranstaltungen who is the international Literaturfestival lit.COLOGNE, the Event-Reihe “An Evening with…” or the new teaching show “Letters Live”. Discover the DEAG trotz des schlechten Wetters with its strong performances Marken a great Festival Summer with Open-Air and EDM-Events (Electronic Dance Music) with NATURE ONE, Airbeat One, Ruhr-in-Love, Sion sous les étoiles or otherwise Belladrum Tartan Heart, the pride of the world, more than 800,000 visitors between the end of June and the beginning of September.

The second half of Halbjahr is one of the higher veransteltungsdicht results. The DEAG performed another Konzerte with Craig David, Lenny Kravitz, James Blunt, Slipknot, Fontaines DC and Böhse Onkelz, new Exhibitions with “Tim Burton’s Labyrinth” and in Hamburg the first time that the new Literature Festival ELB.lit, on its Lectures with Stars of Literature and Substantiation Stories with Frank Schätzing, Jean-Luc Bannalec or Hape Kerkeling are given.

Detlef Kornett, Group CEO of DEAG: “I have put the Halbjaarr on the turbulent market square. In the lead of the bad weather, a number of problems were encountered, and our financial statements were also not successful. We are looking forward to the second half year and the total year 2024 is clear again. If we visit the DEAG, it is a big deal, our event program is likely and our installation calendar is densely branched. You can choose from their wide variety of genres and larger frequencies. Investments are being made in personal, new technologies and uncomplicated platforms, a customer experience that is no longer extensive and does not offer first-class entertainment. In the total year, despite the generated reassessments, we are seeing more rising revenues and an EBITDA at least at the previous year level. “

The full Halbjahresbericht 2024 on August 30 was published on the Laufe des Tages on the Unternehmens website on Bereich Investor Relations.

About DEAG

The DEAG Deutsche Entertainment Aktiengesellschaft (DEAG), an entertainment service and a Live Entertainment offer, produces and promotes live events of all genres and major events in Europe. My Group companies are the DEAG and 23 locations in the core brands Germany, Great Britain, Switzerland, Ireland, Denmark and Spain present. As a Live Entertainment Service Provider with an integrated business model, the DEAG applies the umbrella expertise in the conception, organization, marketing and management of live events.

Founded in 1978 in Berlin, where the area of ​​Rock/Pop einschließlich Urban and Electronic Dance Music, Classics & Jazz, Family Entertainment, Spoken Word & Literary Events, Arts+Exhibitions, Ticketing and Entertainment Services took place in the core business areas of the DEAG. Live entertainment for all generations is art+exhibitions that Bausteine ​​​​for the weekly content of the DEAG-own content contains.

For a cow of 6,000, 10 million were made. Tickets for DEAG-owning and Dritt-Content-omgesetzt – a continuous waiting list about the Ticketing-Plattforms of the DEAG-Gruppe myticket.themyticket.at, myticket.co.uk, gigantic.com and tickets.ie.

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29.08.2024 CET/CEST Release of a Corporate News/Finanznachricht, übermittelt durch EQS News – a service of EQS Group AG.
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