23% increase in total revenues
Very strong growth in catalogue sales, almost
doubled
7 new series greenlit
Guidance confirmed: €110 million cumulative
operating revenue1 over 2022-2023
Regulatory News:
Xilam Animation (ISIN Code: FR0004034072, Mnemonic: XIL)
(Paris:XIL), an independent company for the production and
distribution of animated programmes, announces its turnover for the
first half of the 2022 financial year, drawn up on 30 June
2022.
Marc du Pontavice, CEO of Xilam, stated: “The first half of 2022
demonstrates the strength of the Xilam model, which has been able
to launch the production of no less than 7 series in just one
six-month period. In an extremely buoyant environment, Xilam has
the best assets for seizing new growth opportunities: the ability
to work on both proprietary and non-proprietary productions for the
most demanding of principals, and the creativity to tackle all
segments, from pre-school to adult. Boosted by this dynamic, the
Group is confirming its goal for the 2022-2023 cycle.”
(‘000 euros)
30.06.2022 (1)
30.06.2021
% variation
Sales of new productions and
developments
9,708
7,919
+23%
New production grants (2)
1,934
3,064
-37%
Total new production and development
products
11,643
10,982
+6%
Total catalogue products
4,886
2,486
+97%
Total revenues and other income
16,528
13,468
+23%
Other grants and current operating
income
(including CIA) (3)
1,061
1,201
-12%
Total operating revenues
17,590
14,669
+20%
(1) unaudited data (2) exclusive of audiovisual tax credit (3)
including an estimate of the audiovisual tax credit
23% increase in total revenues and other income in the first
half of 2022
The total revenues and other income of the Xilam Group reached
€16.5 million on 30 June 2022, an increase of 23% compared to the
first six months of 2021. This increase stems from the surge in new
productions and developments sales, up 23% to reach €9.7 million.
Above all, total catalogue products grew sharply, as expected, to
almost double at €4.9 million. On the other hand, new production
grants were down 37%, considering the high number of series
produced on behalf of third parties over the six-month period.
This level of turnover follows Xilam’s historic seasonality,
which is traditionally displayed by higher revenue over the second
half of the year.
This first half-year also confirms the Xilam Group’s strong
presence internationally (74% of sales) and on the digital
platforms (67% of sales).
During the first half of 2022, deliveries of proprietary
programmes included the completion of the series Oggy and the
Cockroaches - Next Gen, acquired by Gulli for France and Netflix
for worldwide distribution under the Netflix Original label, but
also Pfffirates for TF1. Xilam also continued to deliver episodes
of Karate Sheep (ex-Trico) to Netflix (still under the Netflix
Original label), Mr Magoo 2 to France Télévisions and ITV, as well
as the beginning of season 5 of Kaeloo for Canal+.
Xilam is also continuing executive production of three
non-proprietary programmes: Chip 'n Dale 2 (Tic et Tac) and The
Doomies for Disney+, as well as The Seven Bears for Folivari and
Netflix.
Record level of new production launches
During the first half year, Xilam started the production of
seven new series, which is a record in the history of French
production and bears witness to not only the group’s creativity and
its drawing power, to both creative talents and majors, but also to
the quality of its “industrial” organization, which is capable of
absorbing this rapid ramp-up. These 7 series also demonstrate the
Group’s artistic and technical flexibility that allow it to handle
every genre and tackle a wide variety of targets.
For the teen-adult segment, the group has launched the
production on two series: on the one hand The Doomies (22 half-hour
programmes), a comedy horror created in the studio on behalf of the
Disney+ platform; On the other hand, another series (9 half-hour
programmes) on behalf of Netflix, created by a major Hollywood name
and that will form the subject of a later announcement.
For the family market, Xilam has launched the production of the
second season of Chip & Dale, namely 18 half-hour programmes
for Disney+, but also, the series The Seven Bears (13 half-hour CGI
programmes) on behalf of Folivari and Netflix.
Lastly, for children, Xilam has launched production of three new
series: the fourth season of Zig & Sharko for the M6-Gulli
Group (26 half-hour programmes), the second season of the Lupin’s
Tales for France Télévisions (26 half-hour programmes) and a new
original creation by the studio entitled Buddybot, also for France
Télévisions (26 half-hour programmes).
Towards a new catalogue products level
Total catalogue products are growing sharply, up 97%, to reach
€4.9 million. Buoyed by the richness and depth of its catalogue,
stimulated by the regular launch of new seasons, the group confirms
the expected growth in its catalogue products over the next few
years, with a new level of approximately €12 million, which should
be reached as of this year.
Solid goals and prospects: confirmation of the 2022-2023
guidance
In an extremely fast-growing environment, supported by record
investments in digital platforms, Xilam is able to confirm the
cumulative operating revenues guidance of €110 million for the
2022-2023 cycle.
In accordance with the Ambition 2026 plan, Xilam intends to
double its revenue to approximately €80 million by this date.
Agenda Publication of H1-2022 results: 29 September 2022
(after market closing)
About Xilam As a major player in the animation industry,
Xilam is an integrated studio founded in 1999 that creates,
produces and distributes original programmes in more than 190
countries for children and adults, broadcast on television and on
SVoD (Netflix, Disney+, Amazon, NBC Universal, etc.) and AVoD
(YouTube, Facebook, etc.) platforms. With a global reputation for
creativity and its capacity for innovation, an editorial and
commercial expertise at the forefront of its industry, Xilam is
positioned as a key player in a fast-growing market. Each year,
Xilam, builds on its real successes and capitalises on powerful
historical brands (Oggy and the Cockroaches, Zig & Sharko,
Chicky, etc.) and new brands (Oggy Oggy in the pre-school sector,
Mr. Magoo, Trico, etc.) which are consolidating and expanding a
significant catalogue of more the 2,700 episodes and 3 feature
films including the Oscar-nominated I Lost My Body. Xilam has
unique GCI skills. Xilam employs more than 500 people, including
400 artists, across its studios in Paris, Lyon, Angoulême and
Hô-Chi-Minh in Vietnam. Xilam is listed on Euronext Paris
Compartment B - PEA - SRD long Eligibility
1 Total operating revenue
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220721005861/en/
Marc du Pontavice - Chief Executive Officer Arnaud Duault - CFO
Tel +33(0)1 40 18 72 00 Image Sept agency xilam@image7.fr Karine
Allouis (Media Relations) - Tel: +33 (0)1 53 70 74 81 Laurent
Poinsot (Investor Relations) - Tel +33 (0)1 53 70 74 77
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