Refile: BRIEF-Xilam Animation Sees Lower Sales In 2024, Suspends 2026 Target

Xilam Animation SA

26/10/2023 17:10

(Refiles to add missing bullet points 3-5)
       Oct 26 (Reuters) - Xilam Animation SA  XIL.PA :
    * ANTICIPATION OF LOWER SALES IN 2024 AND SUSPENSION OF
AMBITION
2026 PLAN'S TARGET
    * MARKET CONTEXT WHERE PLATFORMS ARE REDUCING THEIR ORDERS,
ESPECIALLY IN CHILDREN'S PROGRAM MARKET
    *         US STREAMING PLATFORMS CUT BACK ON ORDERS FOR KIDS
SEGMENT
      
    *         ANTICIPATES A SIGNIFICANT DROP IN SALES FOR 2024
      
    *         EVENT WILL HAVE NO IMPACT ON OUR EXPECTED
PERFORMANCE
FOR 2023, NOR ON OUR CATALOG BUSINESS, WHICH REMAINS VERY
DYNAMIC
      

Source text for Eikon:  ID:nBwb443gLa 
Further company coverage:  XIL.PA 

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