(AOF) – Xilam Animation, an independent production and distribution company for animated programs, generated a net profit of 4.9 million euros, an increase of 261% for its 2023 financial year. stands at 5.10 million euros, an increase of 107% and its 2023 turnover, at 39.72 million euros, increases by 11%. Net cash generation amounts to 8.6 million euros, with net financial debt at December 31, 2023 reduced to 7.3 million euros, compared to 15.9 million euros at the end of December 2022.
“Despite a sharp drop in 2024 revenue, the group maintains its forecast for current operating income close to balance,” the company said in a press release.
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