Xilam reports its H1 2019 results

Regulatory News:

Xilam Animation (Paris:XIL) (ISIN: FR0004034072, Ticker: XIL), an independent producer and distributor of animated programmes, is reporting its results for the first half of 2019, as approved by its Board of Directors on 24 September 2019 at a meeting chaired by Marc du Pontavice.

(€ thousands)

First-half 2019⁽¹⁾⁽⁴⁾

^{IFRS 16}

First-half 2018

Revenue from new productions

2,962

3,963

Subsidies and other income⁽²⁾

1,844

4,502

Total revenue from new productions

4,806

8,465

Catalogue revenue

3,055

5,385

Other revenue

25

16

Total revenue and other income⁽²⁾

7,886

13,866

Other recurring operating revenue (including audiovisual tax credits)

648

1,081

Total operating revenue

8,534

14,947

Operating expenses

(5,488)

(9,581)

Adjusted recurring operating income⁽³⁾

3,046

5,366

% of revenue

38.6%

38.7%

Operating income

2,535

3,745

% of revenue

32.1%

27.0%

Net income

1,613

2,603

% of revenue

20.5%

18.8%