EQS-News: DEAG Deutsche Entertainment Aktiengesellschaft: DEAG embarks on its next growth phase through excellent business development and strategic decision-making
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Thursday, August 31, 2023
Acceleration, Morgan Stanley, Financial Oversight and Management Board for Puerto Rico, Barclays Arena, Anschutz Entertainment Group, IBD, ProSiebenSat.1 Media, Electronic dance music, Supervisory board, Reinecke, Red Bull GmbH, Universal Classics and Jazz, Credit Suisse, Marketing, Mercedes-Benz Arena (Berlin), Strategic management, EUR, EBITDA, RTÉ Executive Board, Acquisition, The Master Genealogist, Barclays Arena (Hamburg), Corporate finance, Sport, CFO, Growth, City, Red Bull, AEG, EDM, Investment, Film industry, Management, Airline
Strong operational performance: Revenues of approximately EUR 123 million in the first half of the year, with EBITDA surpassing EUR 5 million.
Key Points:
- Strong operational performance: Revenues of approximately EUR 123 million in the first half of the year, with EBITDA surpassing EUR 5 million.
- Throughout the ongoing fiscal year, DEAG plans to stage approximately 6,000 events across its key European markets.
- The aim is to surpass the previous year's record of 9 million tickets sold, reaching a new milestone of 10 million tickets sold.
- Most of these ticket sales will be sold through the Group's proprietary ticketing platforms: myticket, gigantic.com, and tickets.ie.