EQS-News: Significantly positive sales development at the Highlight Group

PRESS RELEASE

Significantly positive sales development at the Highlight Group

Consolidated sales increased by 24.4% to CHF 386.1 million compared to the previous year. EBIT amounts to CHF 1.0 million. The equity ratio was 28.1% as of September 30, 2022 (December 31, 2021: 29.1%).

Pratteln, November 17, 2022 – The Highlight Group’s consolidated sales developed positively.

Group development in the third quarter of 2022

At CHF 386.1 million, consolidated revenue was up CHF 75.7 million on the figure for the third quarter of 2021. The increase was primarily due to higher sales in the Film segment.
  Group operating expenses increased by CHF 28.7 million to CHF 438.3 million as a result of production.
  EBIT decreased to CHF 1.0 million (previous year CHF 12.4 million) due to production-related Group operating expenses.
  The equity ratio decreased slightly compared to the previous year from 29.1% to 28.1%.

The quarterly statement as of September 30, 2022 is available for download at www.highlight-communications.ch from today.
 

The Highlight Group at a glance     Group figures in line with IFRS             CHF million Q3 2022 Q3 2021 Change in % Sales 386.1 310.4 24.4 EBIT 1.0 12.4 n/a Consolidated net profit for the period
(after taxes) -12.0 2.3 n/a Consolidated net profit attributable to shareholders -12.3 2.1 n/a Earnings per share (in CHF) -0.22 0.04 n/a Segment sales   (Restated)    Film 272.1 183.4 48.4 Sports and Event (Restated) 114.0 127.0 -10.3 Segment earnings   (Restated)    Film 12.2 10.0 22.6 Sports and Event(Restated) -6.5 6.9 n/a         CHF million Sept. 30, 2022 Dec. 31, 2021 Change in % Total assets 605.9 674.5 -10.2 Equity 170.3 196.1 -13.2 Equity ratio (%) 28.1 29.1 -1.0 points Current financial liabilities 106.0 190.6 -44.4 Cash and cash equivalents 29.5 48.3 -39.0                 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