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

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:   ir@hlcom.ch