Article: German CTS Eventim EBIT up 44.7% Y/Y H1 '09.

(ADPnews) - Aug 18, 2009 - German live-entertainment promoter and ticket seller CTS Eventim AG (ETR:EVD) posted today earnings before interest and tax (EBIT) of EUR 35.3 million (USD 49.8m) for the first half of 2009, up by 44.7% on the year.

Earnings per share (EPS) stood at EUR 0.76 versus EUR 0.53.

Earnings before interest, tax, depreciation and amortisation (EBITDA) climbed 41.8% to EUR 39.5 million.

Sales rose 19.1% to EUR 249 million.

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