Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

DGAP-News: Significantly positive sales performance at the Highlight Group


DGAP-News: Highlight Communications AG / Key word(s): Half Year Report
Significantly positive sales performance at the Highlight Group

18.08.2022 / 17:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Significantly positive sales performance at the Highlight Group

  • Consolidated sales increase by 29.8% year-on-year to CHF 268.2 million.
  • The equity ratio increased slightly to 29.4% in the first half of 2022 (December 31, 2021: 29.1%).
  • EBIT amounts to CHF -3.7 million.

Consolidated sales and operating result of the Highlight Group developed as expected in the first half of 2022.

Group development in the first half of 2022

  • Consolidated sales increased in total by 29.8% year-on-year to CHF 268.2 million.
    • The Film segment generated an increase in sales of CHF 67.7 million to CHF 189.3 million, which is mainly attributable to service productions.
    • The Sports and Event segment recorded a slight decline in sales of CHF 6.2 million to CHF 78.9 million.
       
  • EBIT decreased to CHF -3.7 million (previous year: CHF 6.0 million) due to production-related consolidated operating expenses.
     
  • In addition, the Highlight Group has a sound financial position:
    • The Group's equity ratio increased slightly to 29.4% (December 31, 2021: 29.1%).

The interim report as of June 30, 2022 is available for download at www.highlight-communications.ch from today.

 

The Highlight Group at a glance    
Disclosures for the Group in accordance with IFRS    
       
in CHF million Jun. 30, 2022 Jun. 30, 2021 Change in %
Sales 268.2 206.7 29.8
EBIT -3.7 6.0 n/a
Consolidated net profit (after taxes) -10.7 0.0 n/a
Net profit attributable to shareholders -10.6 -0.2 n/a
Earnings per share (CHF) -0.19 0.00 n/a
Segment sales      
Film 189.3 121.6 55.7
Sports und Event 78.9 85.1 -7.3
Segment earnings      
Film 3.6 4.8 -25.5
Sports und Event -4.2 4.0 n/a
       
in CHF million Jun. 30, 2022 Dec. 31, 2021 Change in %
Total assets 607.6 674.5 -9.9%
Equity 178.8 196.1 -8.8%
Equity ratio (%) 29.4 29.1 0.3 points
Current financial liabilities 102.7 190.6 -46.1%
Cash and cash equivalents 17.7 48.3 -63.3%
       
 
For further information:      
       
Highlight Communications AG      
Investor Relations      
Netzibodenstrasse 23b      
CH-4133 Pratteln BL      
Tel: +41 (0)61 816 96 91      
E-mail:   [email protected]      

 



18.08.2022 CET/CEST Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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: [email protected]
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
EQS News ID: 1423535

 
End of News DGAP News Service

1423535  18.08.2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1423535&application_name=news&site_id=sharewise

Highlight Communications AG Stock

€2.24
-5.080%
Highlight Communications AG took a tumble today and lost -€0.120 (-5.080%).

Like: 0
Share
EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




Legal notice

Comments