CDG: the balance sheet after the first decade and plans for the future

December 21, 2015

It is time to take stock for Casta Diva Group, the pocket-sized multinational of the communications industry, founded by Andrea De Micheli and Luca Oddo ten years ago. “When we started out in 2005,” declare De Micheli and Oddo, CEO and President respectively of the Group, “we had a clear idea of the strategy of internationalization and diversification which we entered into and which has enabled us over the years to achieve significant objectives.”

“Today our Group has 13 offices across the world, two of which – Beirut and Montevideo – opened in 2015, three directly controlled companies (Casta Diva Pictures, Egg Events and Bin Jip) and a business partner  (Adacto) with whom we have a commercial agreement.”

“2015 has been a particularly significant year, as the Group has consolidated the previous year’s turnover of 25 million euros – with an Ebitda (MOL) of around 8%, confirming us as one of the leaders in the sector. Our most successful branches have been Milan, Istanbul, Prague, London and Buenos Aires, followed by Los Angeles and Cape Town.”

“Twenty or so new clients have put their faith in us and the international community of communication has deemed us one of the world’s best production companies, with 32 awards, among which are: a Gold at the Epica Awards (Viral Films category), two Bronzes at Cannes Lions International Festival of Creativity (PR and Promo & Activation), two Bronzes and a ‘Finalist’ at London International Awards (Web Services and Live Events),” continue De Micheli and Oddo.

“So a year of multiple successes, and 2016 looks as if it will be even better. We have many projects in the pipeline: on the production side, there is Marco Bechis’s new feature and a TV show, both of which our film and television production teams have already been working on. As far as corporate growth is concerned, we are evaluating a number of acquisition opportunities. We have the means and the will to expand both internally and through acquisitions, in Italy and abroad. Currently we have on our desk a number of potential deals and we expect to close a few of them very soon.”