Secuoya Content Group achieved revenue of €83.9 million in the first half of 2024, reflecting a 39% growth compared to the same period in 2023.
The company has doubled its net adjusted EBITDA, reaching €43 million, which represents a 102% increase compared to the same period last year.
These outstanding results confirm the growth trajectory of the group’s strategy, focused on its content development pillar, Secuoya Studios, which contributed 89.16% of the increase in results.
Secuoya Content Group has reported record-breaking revenue of €83.9 million for the first half of 2024, reflecting a 39% increase compared to the same period in 2023. This impressive growth underscores the success of the company’s expansion strategy, centered on producing and distributing high-quality audiovisual content globally.
The company’s adjusted EBITDA has doubled, reaching €43 million in the first six months of the year—a significant 102% increase over the previous year. Secuoya Studios has been the driving force behind this performance, accounting for 89.16% of the growth thanks to its business model focused on the retention of intellectual property (IP) rights and a multi-platform distribution strategy.
“We are very pleased with the strong growth of the group and the outstanding results achieved in this first half of 2024, which have not only set a new revenue record but have also doubled our net EBITDA. Our confidence in the business strategy remains steadfast, and these exceptional results reaffirm the success of our focus on content production through Secuoya Studios. This business model centers on the total or partial retention of IP and a multi-platform distribution strategy,” stated Raúl Berdonés, President of Secuoya Content Group.
Commitment to Sustainability and Innovation
Beyond its solid financial strategy, Secuoya Content Group maintains a strong commitment to sustainability and innovation within the audiovisual sector. Key initiatives include the implementation of the Green Book, a set of guidelines that promotes responsible and sustainable production. The company also supports professional training through scholarships offered by the Secuoya Foundation and actively backs the growth of the Spanish-speaking audiovisual market through Iberseries & Platino Industria.
Corporate Governance and Transparency Policies
Secuoya Content Group upholds a solid ethical commitment to governance, with modernized policies and practices aligned with industry standards. In the short and medium term, the company aims to reduce inequalities and minimize its environmental impact through inclusion programs, emissions reduction initiatives, and the promotion of sustainable innovation.
Dividend Distribution
Reflecting its growth and commitment to shareholders, the Board of Directors approved a €0.30 per share dividend in June, payable in two installments, with the first distributed in June and the second scheduled for December 2024.
With a vision for sustainable expansion and leadership in the Spanish-language content market, Secuoya Content Group reaffirms its position as a benchmark in the audiovisual sector, promoting culture, innovation, and sustainability in its global operations.
