18 January 2017

 

MONDO TV GROUP: The Board of Directors reviews the preliminary results of the parent company Mondo Tv S.p.A. as of 31.12.2016

Parent company’s preliminary results higher than expected:
 

 
- Value of Production at Euro 25 million, increasing of 67% compared to Euro 15 million in 2015
- Ebitda at around Euro 18.5 million increasing of 160% compared to Euro 7 million in 2015
- Ebit at around Euro 12 million increasing of 140% compared to Euro 5 million in 2015
- Net Profit at approximately Euro 8 million compared to 3 million in 2015 (166% increase) with strong increase in profitability: net profit 2016 is 32% of the value of production (20% in 2015)
- Net Financial Position at approximately Euro 2.3 million of availabilities compared to a net debt of Euro 0.2 million as of December the 31st, 2015
- Net equity is approximately Euro 54 million with an increase of Euro 15 million compared to Euro 39 million euro as of December 31, 2015.
 
The management confirms a very positive 2017 in growth compared to 2016
 
In 2017 it has been planned the start of joint ventures in Asia for the development of the toy and ancillary sectors
 
Matteo Corradi: “We are very happy for the results that we reached in 2016; we have put the basis for a strong growth in the next years.”
 
18 January 2017: The Board of Directors of Mondo TV S.p.A. – parent company of a Group working in the production and distribution of cartoons for TV and the cinema – today reviewed the preliminary results for the financial period as of December 31, 2016. The value of production is approximately euro 25 million, increasing of 67% compared to 2015 due to the larger volume of library sales, in particular in China, and for the increased volume of international productions.
EBITDA is at approximately euro 18.5 million, more than doubled compared to euro 7 million in 2015.
After amortizations and depreciations for euro 6.5 million, EBIT is at euro 12 million, growing of 140% respect to euro 5 million in 2015 by virtue of the increase of the revenues and the limitations to structure and production costs.
The net profit, by virtue of the considerable revenues increase, is at approximately euro 8 million euro, in notable increase compared to the net profit in 2015 which was euro 3 million, with strong increase in profitability: net profit 2016 is 32% of the value of production (20% in 2015).
The Net Financial Position is positive at approximately euro 2.3 million, improving compared to a net debt of euro 0.2 million as of December 31, 2015.
Net equity is approximately at euro 54 million with an increase of euro 15 million compared to euro 39 million euro as of December 31, 2015.
 
The management confirms a very positive 2017 in growth compared to 2016, and is planning in 2017 the start of joint ventures in Asia for the development of the toy and ancillary sectors.
 
* * * * *
 
It is highlighted that the preliminary results represent the best currently available representation of the results of the Mondo Tv S.p.A, which may be subject to variation upon approval of the draft balance sheet as of 31 December 2016.
The referenced preliminary results were not audited.

 

Click here to download the file: 18 January 2017 (it & en)

 


 

16 January 2017

 

Mondo TV executed with the national channel Cayman Channel 27 the first license agreement in its history for the airing of its products in the Cayman Islands


 
16 January 2017: Mondo TV S.p.A. informs to have executed the first license in its history for the airing of its programs in the territory of the Cayman Islands. The agreement was executed with the national company Cayman Channel 27, which operates the homonymous free-to-air channel, and it relates to 340 half hours of animated TV programs. The license has a two years duration, and authorizes the licensee to broadcast the programs in English through the above TV channel.
 
Even if the license fee, if considered on a standalone basis, is not particularly relevant, the agreement represents a first sale to a national TV channel in the Caribbean area, and can be an interesting driving force for future sales in a market in which the Mondo TV Group could not generate revenues so far.

 

Click here to download the file: 16 January 2017 (it & en)

 


 

04 January 2017

 

Mondo TV: Company’s events calendar 2017


 
04 January 2017: Mondo TV, listed on Star segment of Borsa Italiana, hereby communicates the following calendar of company’s events for the year 2017:
 
• 18 January 2017: BoD for approval of preliminary results of the holding company as of 31 December 2016
• 22 March 2017: Meeting with the Financial community (Milan Star Conference)
• 28 March 2017: BoD for approval of the draft of balance sheet and consolidated balance sheet as of 31 December 2016
• 13 April 2017: BoD for approval of preliminary results of the holding company as of 31 March 2017
• 28 April 2017: Shareholders meeting for approval of the balance sheet and consolidated balance sheet as of 31 December 2016
• 12 May 2017: BoD for approval of the financial interim report as of 31 March 2017
• 18 July 2017: BoD for approval of preliminary results of the holding company as of 30 June 2016
• 29 September 2017: BoD for approval of the consolidated financial interim report as of al 30 June 2017
• 13 October 2017: BoD for approval of preliminary results of the holding company as of 30 September 2017
• 14 November 2017: BoD for approval of the financial interim report as of 30 September 2017
 
Possible changes to the above Calendar will be timely communicated as applicable.

 

Click here to download the file: 04 January 2017 (it & en)

 


 

04 January 2017

 

Mondo TV announced the renewal by Balocco of the purchase of the rights for te production and distribution of confectionery products under the brand Sissi for Easter in 2017, 2018 and 2019


 
04 January 2017: Mondo TV informed that Balocco renewed its exclusive license for the exploitation of the rights of licensing and merchandising of the TV series Sissi the young empress, for the marketing of chocolate eggs and baked goods for Easter seasons in 2017, 2018 and 2019. This agreement follows the one already entered into and announced last 13 January 2016.
 
These products will therefore be present for Easter 2017, 2018 and 2019 in all major distribution channels in Italy, San Marino, Vatican City and Canton of Ticino. The agreements provides for the payment of a minimum guarantee by licensor and royalties in case of overages on the agreed minimum guarantee.
 
The agreement represents an encouraging confirmation for the development of the merchandising linked to Sissi brand and can be the hook for additional future renewals by other licensees or the lure of new partners for the development of additional product lines related to Sissi brand.

 

Click here to download the file: 04 January 2017 (it & en)