DEAG Deutsche Entertainment AG has reported record financial results for the fiscal year 2025, with revenue surging approximately 33% to EUR 490.0 million and earnings before interest, taxes, depreciation, and amortisation (EBITDA) more than doubling to EUR 32.1 million. The company also achieved an all-time high in ticket sales, exceeding 12 million, up from 11 million in the prior year. These milestones underscore DEAG’s successful execution of its buy-and-build strategy and its strong position in the European live entertainment industry.
The EBITDA margin improved significantly from 3.9% to 6.6%, reflecting enhanced profitability. Revenue in the fourth quarter alone rose by 42.9% year-on-year to EUR 167.2 million. DEAG attributed the strong performance to all segments of its business, including music, spoken word, family entertainment, and festivals, as well as to its proprietary ticketing platforms.
Advance ticket sales for 2026 already amount to approximately 3 million tickets, providing revenue visibility of EUR 151.5 million. The company expects ticket sales to remain at a consistently high level throughout the current financial year, although group revenue is forecast to be temporarily below the prior year’s level due to the cyclical nature of the live entertainment calendar. Nonetheless, DEAG anticipates further improvement in the EBITDA margin and expects revenue to exceed EUR 400 million in 2026, with a return to growth in subsequent years.
In 2025, DEAG continued its buy-and-build strategy, acquiring a majority stake in the ROCKHARZ Festival, one of Germany’s largest rock and metal festivals, and increasing its stakes in Fane Productions and the UK ticketing platform gigantic.com to 100%. The company also reduced minority interests in its holdings as planned. International expansion yielded positive results, with Italian subsidiary MC2 Live performing exceptionally well in its first full year after acquisition.
DEAG organized numerous high-profile concerts and tours in 2025, featuring artists such as Ed Sheeran, Iron Maiden, Sam Fender, and Till Lindemann, whose European tour sold over 190,000 tickets. The company’s festival portfolio, including Indian Spirit, NATURE ONE, and Belladrum Tartan Heart, delivered a strong summer season. Additionally, the Christmas Gardens attracted around 1.6 million visitors, and the lit.COLOGNE literature festival was a major success within the spoken word segment.
Looking ahead to 2026, DEAG has a dense event schedule, including tours by Judas Priest, Die Toten Hosen, and Gorillaz, as well as special events like ‘Monster Jam’ at the Schalke arena and ‘The Lord of the Rings – The Fellowship of the Ring in Concert’ with the London Royal Philharmonic Orchestra. The company has also continued its M&A activities in early 2026, acquiring remaining minority interests in Wizard Live, LiveGeist Entertainment, and Wizard Communications, and taking majority stakes in the Juicy Beats festival and conneccted: EVENTS & LIVE MARKETING GmbH.
DEAG’s robust financial structure is reinforced by the successful placement of a new corporate bond (2025/2029) with an issue volume of EUR 75 million. The company remains well-positioned for medium- and long-term growth, supported by its strong ticketing platforms and diversified event portfolio. However, it acknowledges potential impacts from macroeconomic developments. Detlef Kornett, Group CEO, stated that the measures implemented in 2024 to enhance competitiveness and efficiency had a clearly positive impact in 2025, positioning DEAG to sustainably continue its growth trajectory.
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