(Alliance News) - Casta Diva Group Spa reported first-half production value up 9.0 percent to EUR57.2 million from EUR52.7 million.

The consolidated backlog value as of June 30 stood at EUR34.2 million.

The sum of production value and backlog as of June 30 amounted to EUR91.4 million and represents, as of now, 76 percent of the production value of EUR120.7 million indicated for fiscal year 2024 in the 2023-2026 business plan.

President and CEO Andrea De Micheli said, "It is very comforting to see that in the first six months of FY2024, CDG has already secured orders for three-quarters of the planned annual budget. Casta Diva has about 150 active clients, all top tier. CDG's strategy involves consolidating our leadership in the markets in which we operate, both in events and video content, through a judicious series of acquisitions and the creation of specialized verticals. In the coming years we want to increase our market share from the current 10 percent to 25-30 percent to become an international champion.

Casta Diva is in the green by 3.6 percent at EUR1.54 per share:

By Claudia Cavaliere, Alliance News reporter

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