DEAG Achieves Strong Third-Quarter Results

Deutsche Entertainment AG (DEAG) significantly increasing both revenue and earnings in the third quarter of 2025.

In the first nine months of 2025, revenue rose by 27.7% from €252.8 million ($293.1 million) to €322.8 million ($374.3 million). EBITDA amounted to €18.8 million ($21.8 million), more than three times the amount achieved at this point in time last year, when DEAG’s EBITDA stood at €5.3 million ($6.2 million).

Growth accelerated notably in the third quarter of 2025, i.e. the period between July and September, when revenue increased by 39.4% to €167.4 million ($194.1 million) from €120.1 million ($139.3 million) in the previous year. EBITDA in Q3 rose “disproportionately”, according to DEAG’s earnings statement, from €2.2 million ($2.6 million) to €12.2 million ($14.2 million), representing a more than fivefold increase.

Advance payments received for events, which are reflected in the Q3 balance sheet, amounted to around €132 million (€153 million), compared to €78.4 million ($90.9 million) in the previous year.

“For DEAG, this means good planning certainty and visibility for business development in the final quarter of 2025 and for 2026,” the earnings statement reads.

‘This Year’s Highlights Are Quite Diverse’: Q’s With Detlef Kornett, CEO, DEAG

Available liquidity amounted to around €87 million ($101 million) at the end of September, which has already increased to more than €108 million ($125 million) at the time of this writing, due to the net inflow from the new DEAG Corporate Bond 2025/2029 in October of this year.

Ticket demand also developed “very positively” in the reporting period, amounting to around 9 million in Q3. The majority of these tickets are sold via DEAG’s own ticketing platforms. For the full year, DEAG expects ticket sales to rise to around 12 million, compared to over 11 million in the previous year.

Concert and tour highlights staged by DEAG and its subsidiaries during the reporting period include Sam Fender, Lenny Kravitz, Andrea Bocelli, Andreas Gabalier, Marilyn Manson, and Judas Priest. Open-air events in the EDM, Rock/Pop and Classics & Jazz genres, which attracted “several hundred thousand visitors” led to “another strong European festival summer.”

Other event highlights include formats such as “The Music of Disney – Live in Concert”; the Harlem Globetrotters; and the “An Evening with…” event series in the Spoken Word & Literary Events segment; as well as the international literature festival lit.COLOGNE, including lit.kid.COLOGNE in Germany.

The fourth quarter of 2025 continues the positive trend of the current year. In the final quarter, DEAG will present event highlights featuring Ed Sheeran, Stereophonics, Tream, Soprano, and Till Lindemann, whose tour has already generated more than 190,000 ticket sales.

The Christmas Garden format in Germany and other European countries remains another major attraction. DEAG expects the 10 millionth visitor at one of its Christmas Gardens this year.

DEAG has also successfully continued its Buy & Build strategy: With the acquisition of the ROCKHARZ Festival, DEAG strengthens its position in the European festival segment.

DEAG also increased its stake in Fane Productions Ltd., a market leaders for spoken word and literary events in the UK, to 100%. Reducing minority interests is part of DEAG’s strategy.

Based on the strong performance in the first nine months, the company expects revenue growth to exceed previous forecasts for the full year 2025, and a continued significant improvement in EBITDA.

DEAG’s 2026 event pipeline comprises Zucchero, Die Toten Hosen, Gorillaz, Nena, Foreigner, the Classic Open Air at Gendarmenmarkt Berlin and the successful children’s interactive concerts by Simone Sommerland, Germany’s leading performer of children’s music, to name but a few.

The “An Evening with…” series will feature personalities such as bestselling author David Sedaris, or former F1 world champion Damon Hill.

“We have delivered very strong performance in the first three quarters and have now significantly raised our forecast for 2025. Demand for tickets remains high, and we are increasingly relying on our own platforms. With a strong financial structure and an attractive, diversified event portfolio, we are excellently positioned to continue our growth trajectory in the strong final quarter and then in the coming years,” commented Detlef Kornett, Group CEO of DEAG.

The Group’s Q3/9M-2025 Quarterly Financial Statement is available at www.deag.de.

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