PPT Slide
Brazil. With an approximate investment of US$ 34MM, representing 9% of the total income:
We have a different perception of this market:
Increase market share: volume of events, local presence and acquisition of promoters and/or new venues;
Operational integration with CIE Group Brazil, Stage in Sao Paulo and ATL Hall in Rio de Janeiro;
Starting to register operating efficiencies and improve profitability of events.
Market size and diversification in several cities,
Majority of live events are local (denominated in reais) VS international; flexibility to change events mix,
CIE’s market share: 20-30%,
Estimated concert volume is in line with expectations.
Energy crisis: (i) Capacity to auto-generate energy in venues, and(ii) government has only cancelled night events in open venues.