Brief: Xilam Animation H1 Cons. Net Income Down EUR 1.8 Million

Xilam Animation SA

28/09/2023 16:58

Sept 28 (Reuters) - Xilam Animation SA  XIL.PA :
    * H1 CURRENT OPERATING INCOME AT EUR 2.155 MILLION VERSUS
EUR
4.783 MILLION YEAR AGO
    * STRONG GROWTH IN SALES: +28%
    * TOTAL SALES, EXCLUDING GRANTS, ROSE BY 28% TO EUR 18.1
MILLION
    * H1 GROUP CONSOLIDATED NET INCOME AT EUR 1.8 MILLION VERSUS
EUR 3
MILLION YEAR AGO
    * XILAM PLANS TO INVEST AROUND EUR 40M IN EXPENDITURE ON NEW
PRODUCTIONS, UP SIGNIFICANTLY ON 2022 (EUR 36.3M)
    * XILAM WILL CONTINUE TO EXECUTE ITS AMBITION 2026 PLAN,
WHICH
AIMS TO BOOST REVENUES TO EUR 80 MILLION

Source text for Eikon:  ID:nBw1K9RL6a 
Further company coverage:  XIL.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))