Casta Diva Group S.p.a. · MIL:CDG
Casta Diva — Investor Presentation (May 2025)
54 slides from Casta Diva's investor presentation, May 2025
Slide 1: Slide 1
Slide 2: We are a multinational communication group
WE ARE A MULTINATIONAL Leader in Italy GROUP COMMUNICATION ACTIVE IN FIELD DIGITAL AND LIVE COMMUNICATION | COMMERCIALS ENTERTAINMENT | BRANDED CONTENT | TV PROGRAMMING | MUSIC | ART | CULTURE 02
Slide 3: The Network
THE NETWORK 13 MULTINATIONAL GROUP WITH MORE THAN OFFICES AROUND THE WORLD 03
Slide 4: Offices around the world
MILAN | ROME | BERGAMO | PRAGUE | ISTANBUL | BUENOS AIRES | MONTEVIDEO | CAPE TOWN | LOS ANGELES | MODENA | GENOA | SHANGHAI | RIYADH 04
Slide 5: Every brand runs in its racing track
Every brand runs in its racing track. 05
Slide 6: Business Units
BUSINESS UNITS LIVE COMMUNICATION VIDEO PRODUCTION CORPORATE ADVERTISING LUXURY TV PROGRAMMING MUSIC VIDEO CONTENT 06
Slide 7: G2 Events
COMUNICAZIONE LIVE G2 Events designs unforgettable events and makes them happen through its advanced hub dedicated to live and digital communication. It creates every type of event: conventions, roadshows, exhibitions, immersive experiences, team building, exhibition stands, incentives, sporting eve
Slide 8: Genius Progetti
COMUNICAZIONE LIVE Genius Progetti is an agency based in Sassuolo, specialized in the creation and organization of events for top luxury brands. It designs tailor-made experiences that reßect the uniqueness of the worldÕs most prestigious brands, such as Ferrari and Maserati. It combines the Italian
Slide 9: Casta Diva Art & Show
COMUNICAZIONE LIVE Casta Diva Art & Show is the division of Casta Diva Group devoted to the creation and production of major events, celebratory ceremonies, and artistic performances in Italy and worldwide. With an approach that blends art, performance, and innovation, it transforms creative ideas i
Slide 10: First Class
COMUNICAZIONE LIVE First Class specializes in designing and organizing congresses, meetings, and training events, with a particular focus on the medical-scientiÞc Þeld. It is a company built on the talent and expertise of its staû, gained through years of experience at both national and internationa
Slide 11: Blue Note
COMUNICAZIONE LIVE Blue Note is a jazz club and restaurant, opened in 2003 and part of the worldwide Blue Note network, together with the historic Blue Note Jazz Club in Greenwich Village in New York. Open six days a week, every year the club hosts about 350 shows and 60 private and corporate events
Slide 12: Casta Diva Pictures
PRODUZIONE VIDEO CASTADIVAPICTURES Casta Diva Pictures deals with branded content: TV shows, advertising productions, movies and video content. The company has numerous branches across the world and is one of the largest advertising production networks. In recent years, it has developed Casta Diva E
Slide 13: Akita Film
PRODUZIONE VIDEO Akita Film produces and organizes corporate video and commercials for major brands around the world. It stands out for its skills in the search for talent such as directors, photographers and video makers, both in Italy and abroad. 13
Slide 14: E-motion
PRODUZIONE VIDEO E-motion is a production company based in Genoa, specialized in corporate, product and event video. It is among the Þrst in the world to have adopted the shooting system based on Red Digital Cinema technology, and today it has accumulated a unique experience in using this system. It
Slide 15: Who We Are
123 Millions Euros The numbers show 130 International Awards WHO WE ARE 165 Active Clients 260 People 15
Slide 16: Casta Diva Group
CASTADIVAGROUP 1,330 *at May 9, 2025 The Þrst events agency to be listed on the Milan Stock Exchange (August 2016) 16
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Slide 18: The Group
OfÞces and foreign partners guarantee production THE GROUP capacity on 4 continents. 123.4 ACQUISIZIONI & JOINT VENTURE 2005: Paramour (Prague) VALORE DELLA PRODUZIONE (¬M) 2007: Egg (Milan) Le restrizioni 111.3 derivanti dalla 2008 : Onyx (Buenos Aires) pandemia hanno colpito 2010: CDP (London) lÕi
Slide 19: Leader in Italy
LEADER IN Casta Diva has acquired national leadership in strategic market ITALY segments over time. 2024 A TAM Italia (¬M) 2005 A CAGR 12% 32.0m VIDEO CONTENT 1 PRODUCTION 3.9m 300 91.0m CAGR 25% 2008 A 1000 2 LIVE COMMUNICATION 2.5m 19
Slide 20: Growth Strategy
GROWTH Casta Diva Group aims at a CAGR of 26% on EBITDA from STRATEGY 2022 to 2026. 2022 A 2023 F 2024 E 2025 E 2026 E VdPCAGR 16,2% x1,8 153.0 Valore della 136.4 produzione 120.7 111.3 EBITDA (adj) 84.0 EBITDA CAGR 26% x2,5 7.0 10.1 14.6 17.7 12.0 EBITDA (adj) % 8.3% 9.0% 9.9% 10.7% 11.6% EBIT (adj
Slide 21: Proven track record of inorganic growth
PROVEN TRACK RECORD OF INORGANIC GROWTH PRODUCTION The group has the unique ability to attract brilliant key competitors and identify new market niches where it is not currently present. 15 ACQUISITIONS IN 20 YEARS 2005 2007 2008 2010 2011 2012 2013 OVER SEAS 2016 2018 2016 2022 2023 2024 21
Slide 22: Key strategic pillars
KEY STRATEGIC PILLARS CREATIVE CONTENT NEW INTERESTING NICHES LIVE COMMUNICATION PRODUCTION IN THE MARKET 1 2 3 Casta Diva Group as unique platform Casta Diva Group as talent hub capable Additional M&A aggregator in a highly fragmented of discovering and attracting new creative Acquisition of specif
Slide 23: Fast organic and inorganic growth with increasing marginality
FAST ORGANIC AND INORGANIC GROWTH WITH INCREASING MARGINALITY KEY TRNDS Source(s): Casta Diva Group 2020-2023 Financial statements; Emintad Elaboration 23
Slide 24: Significant cash conversion to speed-up aggregation process
SIGNIFICANT CASH CONVERSION TO SPEED-UP AGGREGATION PROCESS Source(s): Casta Diva Group 2020-2023 Financial statements; Emintad Elaboration Note(s): (1) (EBITDA Ð investments net of M&A) / EBITDA 24
Slide 25: Focus on 1H 2024
FOCUS ON 1H 2024: STILL GROWING AND CREATING MORE AND MORE VALUE 25
Slide 26: Profit & Loss 2020-2023
PROFIT & LOSS 2020-2023 P&L 2020 2021 2022 2023 ¬/000 ACT A % ACT A % ACT A % ACT A % Revenues 15,658 26,995 83,622 110,846 Revenue 15,658 26,995 83,622 110,846 YoY % 72.4% 209.8% 32.6% Change in contract WIP, FP and SFP (25) (1) 4 0 Other Revenues 1,016 2,288 346 595 Incr. in intern. Cons. Fixed As
Slide 27: Balance Sheet 2020-2023
BALANCE SHEET 2020-2023 BALANCE SHEET 2020 2021 2022 2023 ¬/000 ACT A ACT A ACT A ACT A Inventories 30 35 35 45 Trade receivables 7,421 10,921 18,489 19,778 Trade payables (7,711) (10,852) (26,577) (21,021) Advance payments (222) (217) (1,406) (16) Operating working capital (482) (113) (9,459) (1,21
Slide 28: Cash Flow 2021-2023
CASH FLOW 2021-2023 CASH FLOW 2021 2022 2023 ¬/000 ACT A ACT A ACT A EBITDA 1,198 6,264 8,569 Taxes 107 (1,566) (2,505) GROSS CASH FLOW 1,305 4,698 6,064 -/+ Inventories (5) 1 (10) -/+ Account receivable (3,500) (7,568) (1,289) +/- Account payable 3,141 15,725 (5,556) +/- Advances (5) 1,189 (1,390)
Slide 29: Group structure and shareholding
GROUP STRUCTURE AND SHAREHOLDING Casta Diva Group SpA Service Zero Srl Blue Note G2 Eventi Genius Progetti First Class Casta Diva Akita E - motion Srl Srl Srl Srl Picture Srl Srl Srl Casta Diva Art&Show (ArtiÞcio Italiano) Administrative Services Live Communication Creative Content Production Ordina
Slide 30: Stock Exchange Performance
STOCK EXCHANGE PERFORMANCE CASTA DIVA GROUP AT THE TOP ACCORDING TO DIFFERENT INDICATORS. 13 12 30
Slide 31: Fast organic and inorganic growth with consistent marginality
FAST ORGANIC AND INORGANIC GROWTH WITH CONSISTENT MARGINALITY 6th EGM Fastest Growing Top Line GrowthÉ Écoupling with EGM strongest triple digit EBITDA growth. 3.6% GR: 9 CA Source: handbook websim march 2025 31
Slide 32: 3Y - 5Y Stock Performance
3Y - 5Y STOCK PERFORMANCE 3Y Total Return + 275,4% 5Y Total Return + 244,5% 32
Slide 33: FT 1000 - Europe's Fastest Growing Companies 2025
FT 1000 Ð EUROPEÕS FASTEST GROWING COMPANIES 2025 Casta Diva Group (CDG:IM), ItalyÕs leading company in events and commercial Þlm production, has been included in the FT 1000 Ð EuropeÕs Fastest Growing Companies 2025, the ranking compiled by the Financial Times in collaboration with Statista, which
Slide 34: How analysts see us
HOW ANALYSTS SEE US !"#$%&'"() ! marco.greco@value-track.com ! "#$%&'()!*+#,%$',!#(! "#!$%&'()'!*+*,!-!"#."/! WEBSIM Filippo Mazzoleni filippo.mazzoleni@value-track.com BANCA FINNAT ! TP ICAP MIDCAP "#$%&'()!*%-./01',!#( ! 0123(456(78!956)!589!6(:)! ! ! ! "#$%&'()!*+#,%$',!#(! 234567!8292:8;<! "#!$%
Slide 35: How analysts see us
HOW ANALYSTS SEE US !"#$%&'"() Filippo Mazzoleni VALUE TRACK filippo.mazzoleni@value-track.com INTEGRAE SIM Value Track | Update Report | 24 February 2025 Casta Diva Group Fair Value (!) 2.60 Sector: Business Services !"#$%&'"() Market Price (!) Marco Greco 1.15 BREAKING NEWS Target Price BUYEQUITY
Slide 36: Building our brand
BUILDING OUR BRAND COMMUNICATION CAMPAIGNS AND INITIATIVES 36 12
Slide 37: Casta Diva Group communication campaigns
The communication campaigns of CASTA DIVA GROUP represent the stages of a conceptual journey in constant evolution. Everything begins with ÒQuesto lo abbiamo fatto domaniÓ - We did this tomorrow -, the Þrst campaign entirely generated with artiÞcial intelligence, where AI becomes a tool of vision an
Slide 38: Questo l'abbiamo fatto domani
COMMUNICATION CAMPAIGN 2023 Questo lÕabbiamo fatto domani. We did this tomorrow THE FIRST CASTA DIVA AI GENERATED ADV ArtiÞcial intelligence will change the world of communication And yet, without experience and teamwork, it cannot work. This image was created by entering the words Casta Diva into a
Slide 39: Where is the wave?
COMMUNICATION CAMPAIGN 2024 Where is the wave? AI is in every device we use every day. It allows us to expand the world around us by reconstructing oû-frame contexts, imagining new geometries, and unlocking untapped potential. But what would The Great Wave oû Kanagawa by Hokusai be without the Þsher
Slide 40: Don't just work
COMMUNICATION CAMPAIGN 2025 DONÕT JUST WORK: rewrite the present and imagine the future. At Casta Diva, weÕre learning this from the Generations who have only just begun to build tomorrow alongside us. No preconceptions: every boundary becomes a springboard toward the future. Because thatÕs how, for
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Slide 42: ESG Pact and Benefit Corporation
CASTA DIVA HAS INTRODUCED A SERIES OF INITIATIVES KNOWN AS THE ÒESG PACTÓ AND BECAME A BENEFIT CORPORATION IN 2023. THESE INITIATIVES INCLUDE COURSES FOR OUR EMPLOYEES AND STAKEHOLDERS, CORPORATE WELFARE PROJECTS, ENVIRONMENTAL PROTECTION, AND THE PROMOTION OF GENDER EQUALITY AND HUMAN RIGHTS. BENEF
Slide 43: ESG
ESG Casta Diva is among the most virtuous companies in the EGM market. ItÕs a "Sustainable CompanyÓ 31% of total ItÕs a "Societˆ BeneÞt" 9% of total It has approved a ÒRelazione dÕImpattoÓ 9% of total Osservatorio ECM, 2023 43
Slide 44: Casta Diva Group presents GENZPACT
Casta Diva Group presents GENZPACT. A new internal division of the Group composed exclusively of Generation Z talent. We will be the interpreters of the new generations, with the goal of making our clients more attractive and relevant to a young audience. 44
Slide 45: Casta Diva's Generational PACT
CASTA DIVA'S Generational PACT The GENZPACT division understands the languages, trends, and communication channels of young people because it is made up of young people. It is an essential partner for advertisers who want to become attractive and in tune with new generations, creating authentic conn
Slide 46: Web 3 Alliance
WEB 3 ALLIANCE In 2022, the Web 3 Alliance consortium was established, and Casta Diva CEO was elected president. This association comprises companies engaged in Web 3.0-enabled technologies, encompassing ArtiÞcial Intelligence, blockchain, virtual and augmented reality, NFTs, the Internet Of Things,
Slide 47: We thank our customers for 20 years of wonderful projects
We thank our customers for 20 years of wonderful projects. 47
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Slide 53: www.castadivagroup.com
www.castadivagroup.com info@castadivagroup.com
Slide 54: Thanks for your attention
THANKS FOR YOUR ATTENTION ANDREA DE MICHELI | Chairman( GUIDO PALLADINI | CFO