Brief: Xilam Animation FY Operating Income Rises To EUR 48.2 Mln

Xilam Animation SA

14/02/2024 17:10

Feb 14 (Reuters) - Xilam Animation SA  XIL.PA :
    * XILAM ANIMATION: 2023 FULL-YEAR REVENUE
    * FY TOTAL SALES: +11%
    * REDUCED INVESTMENT IN CHILDREN'S SEGMENT BY MAJOR
STREAMING
PLATFORMS DURING SECOND HALF OF 2023 WILL SUBSTANTIALLY DECREASE
REVENUE IN 2024
    * ALREADY WORKING TO REBUILD ITS ORDER BOOK BY REDIRECTING
SOME OF
ITS COMMERCIAL EFFORTS TOWARDS MAJOR EUROPEAN CHANNELS
    * FY TOTAL OPERATING INCOME OF EUR 48,2 MILLION, UP 3%
VERSUS 2022
    * PRODUCTION EXPENSES INCREASED TO EUR 39 MILLION IN 2023

Source text for Eikon:  ID:nBw3g1kbwa 
Further company coverage:  XIL.PA 

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