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Highlight Event and Entertainment AG
Earnings Release • Aug 27, 2024
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Earnings Release
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News Details
Ad-hoc | 27 August 2024 17:50
Highlight Event and Entertainment AG publishes results for the first half of 2024
Highlight Event and Entertainment AG / Key word(s): Half Year Results
27-Aug-2024 / 17:50 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement pursuant to Art. 53 LR
Pratteln, August 27, 2024
Semi-annual report 2024
Highlight Event and Entertainment AG publishes results for the first half of 2024
- Consolidated sales amounted to CHF 182.9 million (previous year: CHF 186.4 million).
- EBIT was CHF -9.9 million (previous year: CHF -15.7 million).
- Consolidated net profit amounted to CHF -19.2 million (previous year: CHF -23.7 million).
- The equity ratio was 26.5 % (December 31, 2023: 29.4 %). The consolidated total assets increased to CHF 828.0 million (December 31, 2023: CHF 790.5 million).
The Film segment recorded a decrease of CHF 9.3 million due to production, while sales in the Sports and Event segment increased by CHF 5.9 million.
Equity amounted to CHF 219.3 million (December 31, 2023: CHF 232.1 million).
The interim report 2024 is available for download at https://www.hlee.ch/en/Interim Reports.htm from today.
The HLEE-Group at a glance
Figures for the Group in accordance with IFRS
| in CHF million | Jan. 1 to Jun. 30, 2024 | Jan. 1 to Jun. 30, 2023 | Change in % |
| Sales | 182.9 | 186.4 | -1.9 |
| EBIT | -9.9 | -15.7 | n/a |
| Net profit for the period | -19.2 | -23.7 | n/a |
| Net profit attributable to shareholders | -12.4 | -13.0 | n/a |
| Earnings per share (in CHF) | -0.95 | -1.38 | n/a |
| Segment sales | |||
| Film | 102.3 | 111.6 | -8.3 |
| Sports and Event | 80.5 | 74.7 | 7.8 |
| Segment earnings | |||
| Film | -1.8 | 1.6 | n/a |
| Sports and Event | -4.7 | -13.1 | n/a |
| in CHF million | Jun. 30, 2024 | Dec. 31, 2023 | Change in % |
| Balance sheet total | 828.0 | 790.5 | 4.7 |
| Equity | 219.3 | 232.1 | -5.5 |
| Equity ratio (%) | 26.5 | 29.4 | -2,9 points |
| Current financial liabilities | 297.5 | 191.7 | n/a |
| Cash and cash equivalents | 13.7 | 25.7 | n/a |
Contact:
Highlight Event and Entertainment AG
Investor Relations
Netzibodenstrasse 23b
4133 Pratteln, Switzerland
Tel.: +41 41 226 05 97
Fax: +41 41 226 05 98
http://www.hlee.ch
End of Inside Information
| Language: | English |
| Company: | Highlight Event and Entertainment AG |
| Netzibodenstrasse 23b | |
| 4133 Pratteln | |
| Switzerland | |
| Phone: | +41 41 226 05 97 |
| Fax: | +41 41 226 05 98 |
| E-mail: | [email protected] |
| Internet: | www.hlee.ch |
| ISIN: | CH0003583256 |
| Valor: | 896040 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 1976109 |
| End of Announcement | EQS News Service |