The Highlight Group publishes results for first quarter of 2024

EQS-News: Highlight Communications AG / Key word(s): Quarterly / Interim
Statement
The Highlight Group publishes results for first quarter of 2024

28.05.2024 / 16:45 CET/CEST
The issuer is solely responsible for the content of this announcement.

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PRESS RELEASE

The Highlight Group publishes results for first quarter of 2024

* The equity ratio is 25.5% (previous year: 26.8%).

  * Consolidated sales of CHF 78.7 million were CHF 2.4 million below the
    previous year's figure

* EBIT decreased to CHF -5.9 million (previous year: CHF -5.6 million).

Pratteln, May 28, 2024 - The Highlight Group's consolidated revenue and EBIT
developed as expected in the first quarter of 2024.

Group development in the first quarter of 2024

  * The sales decline was due to film production. At CHF 28.2 million,
    capitalized film production costs and other own work capitalized
    increased by CHF 2.5 million year-on-year.

  * Consolidated operating expenses remained almost at the previous year's
    level and increased only slightly by CHF 0.7 million or 0.6%
    year-on-year to CHF 115.4 million.

  * As a result, EBIT amounted to CHF -5.9 million, compared to CHF -5.6
    million in the same quarter of the previous year, and the consolidated
    net result for the period improved by CHF 1.2 million year-on-year from
    CHF -9.5 million to CHF -8.3 million.

  * At CHF 160.4 million, equity remained stable compared to the end of
    2023.

The quarterly statement as of March 31, 2024 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                                     Q12024      Q12023  Change
                                                                        in %
  Sales                                             78.7        81.2    -3.0
  EBIT                                              -5.9        -5.6     n/a
  Consolidated net profit for the period            -8.3        -9.5     n/a
  (after taxes)
  Consolidated net profit attributable to           -8.3        -9.6     n/a
  shareholders
  Earnings per share (in CHF)                      -0.15       -0.17     n/a
  Segment sales
  Film                                              40.4        45.0   -10.2
  Sports and Event                                  38.3        36.2     5.9
  Segment earnings
  Film                                              -1.7         1.1     n/a
  Sports and Event                                  -3.1        -5.2     n/a

  CHF million                                  March 31,    Dec. 31,  Change
                                                    2024        2023    in %
  Total assets                                     630.2       598.8     5.2
  Equity                                           160.4       160.4     0.0
  Equity ratio (%)                                  25.5        26.8    -1.3
                                                                      points
  Current financial liabilities                    197.2       153.7    28.3
  Cash and cash equivalents                         32.9        25.5    29.0

For further information:

  Highlight Communications AG
  Investor Relations
  Netzibodenstrasse 23b
  4133 Pratteln BL, Switzerland
  Tel: +41 (0) 61 816 96 91
  e-mail: (1)ir@hlcom.ch  1.
  mailto:ir@hlcom.ch

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28.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   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
   EQS News ID:    1912925

End of News EQS News Service
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1912925 28.05.2024 CET/CEST