Xilam Animation (XIL) H1 2026 earnings summary

Executive summary

• H1 2026 sales rose 37% YoY to €5.769M and operating revenue rose 28% to €7.751M; current operating loss narrowed to €0.927M from €2.418M.

• Improved results reflected accelerated deliveries and stronger proprietary production activity, which accounted for over 95% of revenue.

• New franchise launches and feature films were presented as the basis for a new growth cycle.

Financial highlights

• Sales of new productions and developments increased 35% YoY to €2.692M; catalogue sales rose 39% to €3.077M.

• Grants were €1.355M, down 6%; other current operating revenue rose 58% to €0.627M, bringing total operating revenue to €7.751M, up 28%.

• Operating expenses were €8.678M versus €8.469M; operating loss was €1.083M versus €2.419M, and consolidated net loss narrowed to €1.208M from €2.480M.

• Net loss attributable to the group narrowed to €0.996M from €2.533M, a €1.5M year-over-year improvement.

Outlook and guidance

• Revenue and profitability were expected to improve in H2 2026, driven by Lucy Lost, final Submarine Jim episodes and catalogue sales; strong revenue growth and improved operating profitability were anticipated for 2026–2028.

• 2026 was identified as the start of a growth cycle, with an ambition for profitable growth through new franchises and feature films.

• Feature-film strategy targets one release annually, alternating between family and adult audiences; several projects are in development.

• The Wolf is scheduled for autumn 2027; distributors were preparing its international rollout following strong interest.