Secuoya Content Group has reached a 53.2-million turnover for the first semester of 2023.
The company has increased its net business volume by 8.9 million euros,
representing a 19.95% growth over the same period in 2022.
For the first six months, EBITDA has seen a 222% growth, reaching 18.4 million euros, which amounts to a 12.7–million-euro
increase over the same period last year.
The company will distribute a dividend of 0.071 euros gross per share.
The company has presented its results for the first semester of 2023 with an increase in net business volume of 8.9 million euros as compared with the same period in 2022. Also, for the first semester of 2023, EBITDA has seen a significant 22% rise, reaching 18.4 million euros. This represents a 12.7-million-euro increase over the same period in 2022. The final Net Result stands at 2.4 million euros. Lastly, total investments for this period have risen to 4.5 million euros, earmarked for technological equipment and the development and acquisition of IP for content production.
These indicators demonstrate the efficiency in the management of operations and profitability of the business and come just months after the company began a new phase as an autonomous group, entirely under Spanish ownership. The cornerstone of this new stage is the development of the content studio area (Secuoya Studios), which has contributed 89.16% of the increase in the results and distributed its IPs in more than 50 countries.
Dividend distribution
Secuoya Content Group’s board of directors has agreed on the dividend distribution based on the year’s results, in response to the solid growth of the business recorded for the first semester of 2023. The dividend amounts to 0.071 euros gross per share to be paid in two instalments (22 December 2023 and 22 March 2024). This dividend distribution forms part of its future shareholder payout strategy, currently under analysis by the company, which will be duly announced to the market.
“We are delighted to announce this dividend distribution after achieving record results for the first half of the year. The considerable growth in the content area and services we offer have been central to this accomplishment. It is proof of our
ongoing commitment to quality and excellence in Spanish-language content production”, asserts Raúl Berdonés, executive chairman of Secuoya Content Group.
Sustainability and innovation
Secuoya Content Group maintains its commitment to sustainability and innovation within the audiovisual industry, which explains the crucial role it has assumed in promoting sustainability within the sector, changing its policies through tangible actions and high-impact plans, like the development of sustainable production procedures (Green Book), awarding sector
professionals study grants through Fundación Secuoya, or the creation of Iberseries & Platino Industria, the sector’s leading professional Spanish-language fiction market. Secuoya Content Group has undoubtedly been a pioneer in Spain in the implementation of sustainable procedures and policies on social sustainability and governance.
