DEAG Starts 2026 Financial Year Strongly, Confirms Targets

DEAG Deutsche Entertainment AG has announced a robust start to its 2026 financial year, aligning with its full-year objectives. The company reported revenues of EUR 62.1 million and an EBITDA of EUR 2.1 million for the first quarter, in line with expectations. While these figures are below the previous year's due to the live entertainment sector's seasonality, ticket sales exceeding 4.7 million bolster future business development visibility.

DEAG continues its buy-and-build strategy, acquiring majority stakes in several key events and festivals, including the music festival "Juicy Beats" and the company conneccted: Events & Live Marketing GmbH. DEAG successfully organized numerous events including the renowned lit.COLOGNE and performances by artists like Gorillaz and Jeff Dunham.

The company maintains its growth outlook, with plans for events featuring major artists such as Iron Maiden and Lenny Kravitz, and a busy festival season ahead. CEO Detlef Kornett emphasizes confidence in returning to a growth trajectory by 2027.