Parent company's preliminary results higher than expected:
- Value of Production at Euro 14,7 million, increasing of 47% compared to 10,0 million in 2015
- Ebit at around 5 million increasing of 165% compared to 1,9 million in 2015 - Net Profit doubled at approximately 3,2 million compared to 1,5 million in 2015 (120% increase
- Considerable improving of the Net Financial Position at approximately 0,2 million euro compared to 2,7 million as of December the 31st, 2014
- Net equity is approximately 39 million euro with an increase of 9,1 million compared to 29,9 million euro as to December 31, 2014.
The management confirms a very positive 2016 and a great growth compared to 2015
Matteo Corradi: "Now the growing path started at the industrial and strategic level is also reflected in the financials of Mondo TV; I am confident that the 2015 results will be just the starting point for a development season of Mondo TV Group, as set in the recently approved business plan."

January 8, 2016: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, 2015.
The value of production is approximately euro 14,7 million, increasing of 47% compared to 2014 due to the larger volume of library sales, in particular in China, and for the increased volume of productions deriving from the important international new projects.
EBITDA is at approximately euro 7,6 million and doubled compared to 3,7 million in 2014.
After amortizations and depreciations for euro 1,9 million and the setting to the risk reserve for euro 0,75 million, in respect to the current contentious matters, EBIT is at euro 5,0 million, growing of 165% respect to 1,9 million of 2014 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, the lower library amortizations and the structure's cost savings is at approximately 3,2 million euro, doubling the Net profit in 2014 which was 1,5 million euro.
The Net Financial Position is approximately 0,2 million euro, improving compared to 2,7 million as of December 31, 2014. Net equity is approximately 39,0 million euro with an increase of 9,1 million compared to 29,9 million euro as to December 31, 2014.

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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 2015. The referenced preliminary results were not audited.

Mondo Tv S.p.A. issued this content on 2016-01-08 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-11 08:47:02 UTC

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