MILAN (AIMnews.it) – Casta Diva Group has approved the 2018-2020 strategic plan, which has a financial value of 26 million for this year and 32 million for 2020, and an ebitda of 2.1 and 3.2 respectively, with margins increasing from 8 to 10 percent. Compared to the previous plan (which provided for a margin of 8% to 2019) there is a strong increase in profitability, estimated at 8% already this year. The net financial position is expected to be positive with 3 million by 2020. “The continuous evolution of the communication and entertainment market has motivated us to accelerate the development process designed for the group – explained Andrea De Micheli and Luca Oddo, president and CEO of Casta Diva Group – Successes such as the Silver Lion at the Cannes Film Festival, the arrival of new clients such as Alibaba and established customers such as Procter & Gamble, the evolution of the entertainment sectors with prestigious productions such as ‘DIVA!’ and the development of the initiatives linked to the well-known venue Blue Note, testify to the achievement of the results we have set ourselves and the path towards new objectives”. The General Manager Francesco Merone: “I am proud to be part of the Casta Diva Group and to share its ambitious development project aimed at strengthening its leadership in the sector. In my role as General Manager, I will contribute to guiding the company in an optimisation and rationalisation process with the aim of increasing profitability: the new Strategic Plan provides for an overall group marginality of 10%, higher than that envisaged in the previous plan ( 8%). “There are three strategic guidelines: First of all, advertising production, with growth in the reference countries, consolidation of market share and strategic partnerships with multinational customers with a particular focus on China and the Middle East. Secondly, the events, through both Italian companies (Casta Diva Forums, specialised in financial events) and abroad (for example Casta Diva Events Dubai, which is targeting Expo 2020), as well as B2B events managed with the new brand Blue Note Off. Finally, in the entertainment industry, with the development of different formats in the area of cinema and TV series.