Highlight Group publishes results for the first nine months
November 16, 2023 at 11:32 am EST
Share
EQS-News: Highlight Communications AG
/ Key word(s): 9 Month figures
Highlight Group publishes results for the first nine months
16.11.2023 / 17:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
PRESS RELEASE
Highlight Group publishes results for the first nine months
Consolidated sales amounted to CHF 285.6 million (previous year CHF 386.1 million).
EBIT decreased to CHF -3.0 million (previous year CHF 1.0 million).
The equity ratio was 25.8% at September 30, 2023 (December 31, 2022: 29.3%).
Pratteln, November16,2023 – Highlight Group publishes development of the first nine months
Group development in the third quarter of 2023
Compared to the previous year, consolidated revenues decreased due to production-related factors in the Film segment and foreign currency effects.
EBIT amounted to CHF -3.0 million (previous year CHF 1.0 million).
The equity ratio decreased from 29.3% in the previous year to 25.8%.
The quarterly statement as of September 30, 2023 is available for download at www.highlight-communications.ch from today.
The Highlight Group at a glance
Group figures in line with IFRS
CHFmillion
Q3 2023
Q3 2022
Change in %
Sales
285.6
386.1
-26.0
EBIT
-3.0
1.0
n/a
Consolidated net profit for the period
(after taxes)
-18.0
-12.0
n/a
Consolidated net profit attributable to shareholders
-18.4
-12.3
n/a
Earnings per share (in CHF)
-0.32
-0.22
n/a
Segment sales
Film
171.7
272.1
-36.9
Sports and Event
113.9
114.0
-0.1
Segment earnings
Film
5.6
12.2
-54.1
Sports and Event
-4.2
-6.5
35.8
CHFmillion
Sept.30,2023
Dec. 31, 2022
Change in %
Total assets
632.0
634.2
-0.4
Equity
163.0
186.0
-12.4
Equity ratio (%)
25.8
29.3
-3.5 points
Current financial liabilities
208.2
112.3
85.4
Cash and cash equivalents
25.9
29.9
-13.5
For further information:
Highlight Communications AG
Investor Relations
Netzibodenstrasse 23b
4133 Pratteln BL, Switzerland
Tel: +41 (0) 61 816 96 91
e-mail: ir@hlcom.ch
16.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Language:
English
Company:
Highlight Communications AG
Netzibodenstrasse 23b
4133 Pratteln
Switzerland
Phone:
+41 61 816 96 96
Fax:
+41 61 816 67 67
E-mail:
ir@hlcom.ch
Internet:
www.hlcom.ch
ISIN:
CH0006539198
WKN:
920299
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
Highlight Communications AG is a Switzerland-based holding company engaged in the entertainment production. The Companyâs business is divided into two segments. The Film segment is engaged in the production, exploitation and distribution of films and film licenses, from cinema to video, digital versatile disc (DVD) and television broadcasting. The Sports and Event Marketing segment commercializes the licensing, marketing and sponsorship rights for the UEFA European championships, as well as for the Eurovision Song Contest and the Vienna Philharmonic Orchestra. The Company's subsidiaries include Constatin Film AG, Highlight Communications (Deutschland) GmbH, Rainbow Home Entertainment AG, Rainbow Home Entertainment GmbH, TEAM Television Event and Media Marketing AG and Team Football Marketing AG, among others.
HIGHLIGHT COMMUNICATIONS AG 
