Brief: Xilam Animation FY Net Income Totalled EUR 1.3 Million

Xilam Animation SA

30/03/2023 17:39

March 30 (Reuters) - Xilam Animation SA  XIL.PA :
    * FY OPERATING INCOME STOOD AT EUR 2.2M, COMPARED WITH EUR
8.7M IN
2021
    * FY NET INCOME TOTALLED EUR 1.3M, AFTER DEDUCTION OF
INTEREST
EXPENSES AND TAXES
    * AS OF 31 DECEMBER 2022, NET FINANCIAL DEBT (EXCLUDING
RENTAL
DEBTS) STOOD AT EUR 15.9M (COMPARED WITH EUR 18.6M AS OF 31
DECEMBER 2021), A REDUCTION OF EUR 2.7M
    * XILAM EXPECTS ITS ANNUAL PRODUCTION EXPENDITURES
(PROPRIETARY
AND NON-PROPRIETARY) TO REACH BETWEEN EUR 42 MILLION AND EUR 45
MILLION IN 2023
    * XILAM WILL ALSO RAMP UP SALE OF MERCHANDISING BASED ON
OGGY OGGY
PRE-SCHOOL SERIES IN 2023, FOLLOWING A PROMISING LAUNCH FOR 2022
FESTIVE SEASON
    * XILAM PLANS TO CONTINUE ITS CYCLE OF PROFITABLE GROWTH AND
DOUBLE REVENUES TO AROUND EUR 80 MILLION BY 2026, IN LINE WITH
AMBITION 2026 PLAN 

Source text for Eikon:  ID:nBw3nbn6la 
Further company coverage:  XIL.PA 

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