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24.04.2024 18:00:36 - Annual Report 2023 - HLEE Group with stable result in 2023 financial year
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Highlight Event and Entertainment AG / Key word(s): Annual Results
Annual Report 2023 - HLEE Group with stable result in 2023 financial year
24-Apr-2024 / 18:00 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, April 24, 2024
Annual Report 2023
HLEE Group with stable result in 2023 financial year
. Consolidated sales were CHF 421.4 million (previous year: CHF 524.0 million) due to production-related
factors in the Film segment
. EBIT amounted to CHF -3.5 million due to foreign currency effects (previous year: CHF -1.3 million)
. Consolidated net result for the period improved from CHF -21.1 million to CHF -20.1 million
. The equity ratio rose as a result of the capital increase to 29.4 % (previous year: 28.2 %). Consolidated
total assets amounted to CHF 790.5 million (previous year: CHF 819.9 million)
Development of operating segments in 2023
Film segment:
Ten movies were released in German theaters in the 2023 reporting year, including "Rehragout-Rendezvous" from the
successful Eberhofer series, "Manta Manta - Zwoter Teil" and "Sonne und Beton". These titles all made it into the top
20 most successful movies released in Germany in 2023.
In license trading/TV exploitation, licenses were again sold for several in-house and third-party productions, with
established and also new partners, in 2023 as well. The premiere broadcasts of "Guglhupfgeschwader" and "Contra" scored
high market shares.
Sports and Events segment
In the Sports and Events segment, TEAM Marketing AG experienced a strong start to its sales operations on both the
media and the sponsorship sides and renewed several key partnerships early on.
In the reporting year, Sport1 Medien AG focused on optimizing its portfolio of rights, improving and creating new
digital content and marketing environments in addition to cross-platform content exploitation, networking and
capitalization. SPORT1 scored record viewer numbers for the broadcast of the World Darts Championship.
Highlight Event AG's business activities focused on the intensive support and realization of the agreements with the
main sponsors of the Vienna Philharmonic and the Eurovision Song Contest, as well as the sale of additional sponsorship
rights for the Eurovision Song Contest. The contract with the Vienna Philharmonic was also extended early until 2032.
Outlook for 2024
With the market situation still uncertain due to developments in inflation and the effects of the Ukraine crisis and
the conflict in the Middle East, the Board of Directors cannot rule out an impact on the operating activities of the
HLEE Group.
The Board of Directors, as in the previous year, is monitoring the current situation in the current year and regularly
reviewing the measures taken.
However, the HLEE Group was able to lay a good foundation for the 2024 film segment with the production of various
titles in fiscal year 2023 and plans to release twelve productions, including "Chantal im Märchenland", "September 5",
"In the Lost Lands", "Hagen" and "Der Spitzname". This offering will continue the high quality that the Group has
already demonstrated with its top 20 productions in 2023.
In the Sport and Event segment too, the marketing of the UEFA Champions League, UEFA Europa League and UEFA Europa
Conference League rights, optimal content utilization and distribution via SPORT1 and the strengthening of the
portfolio through the acquisition of new rights should enable the Group to further expand its stable and economically
successful business activities and secure more growth potential for the future.
There will be an adjustment to the management team of the HLEE Group in 2024. Peter von Büren, long-standing CFO (Chief
Financial Officer) of HLEE, will retire from the management team on June 30, 2024. However, he will stand for
re-election as a non-executive member of the Board of Directors of HLEE at the 2024 Annual General Meeting. As his
successor, the Board of Directors of HLEE has appointed Hasan Dilsiz, the former long-standing Director of Group
Finance, as the new CFO and member of the management team effective from July 1, 2024.
The Annual General Meeting for fiscal 2023 is scheduled to take place on 28 June 2024. The detailed 2023 Annual Report
is available at https://www.hlee.ch/en/Interim-reports.
The HLEE Group at a glance
Figures for the Group in accordance with IFRS
Segment sales
Segment earnings
===
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
info@hlee.ch
https://www.hlee.ch
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End of Inside Information
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===
Netzibodenstrasse 23b
4133 Pratteln
Switzerland
End of Announcement EQS News Service
===
1888487 24-Apr-2024 CET/CEST
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1888487&application_name=news
END) Dow Jones Newswires
April 24, 2024 12:00 ET (16:00 GMT)
Highlight Event and Entertainment AG / Key word(s): Annual Results
Annual Report 2023 - HLEE Group with stable result in 2023 financial year
24-Apr-2024 / 18:00 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, April 24, 2024
Annual Report 2023
HLEE Group with stable result in 2023 financial year
. Consolidated sales were CHF 421.4 million (previous year: CHF 524.0 million) due to production-related
factors in the Film segment
. EBIT amounted to CHF -3.5 million due to foreign currency effects (previous year: CHF -1.3 million)
. Consolidated net result for the period improved from CHF -21.1 million to CHF -20.1 million
. The equity ratio rose as a result of the capital increase to 29.4 % (previous year: 28.2 %). Consolidated
total assets amounted to CHF 790.5 million (previous year: CHF 819.9 million)
Development of operating segments in 2023
Film segment:
Ten movies were released in German theaters in the 2023 reporting year, including "Rehragout-Rendezvous" from the
successful Eberhofer series, "Manta Manta - Zwoter Teil" and "Sonne und Beton". These titles all made it into the top
20 most successful movies released in Germany in 2023.
In license trading/TV exploitation, licenses were again sold for several in-house and third-party productions, with
established and also new partners, in 2023 as well. The premiere broadcasts of "Guglhupfgeschwader" and "Contra" scored
high market shares.
Sports and Events segment
In the Sports and Events segment, TEAM Marketing AG experienced a strong start to its sales operations on both the
media and the sponsorship sides and renewed several key partnerships early on.
In the reporting year, Sport1 Medien AG focused on optimizing its portfolio of rights, improving and creating new
digital content and marketing environments in addition to cross-platform content exploitation, networking and
capitalization. SPORT1 scored record viewer numbers for the broadcast of the World Darts Championship.
Highlight Event AG's business activities focused on the intensive support and realization of the agreements with the
main sponsors of the Vienna Philharmonic and the Eurovision Song Contest, as well as the sale of additional sponsorship
rights for the Eurovision Song Contest. The contract with the Vienna Philharmonic was also extended early until 2032.
Outlook for 2024
With the market situation still uncertain due to developments in inflation and the effects of the Ukraine crisis and
the conflict in the Middle East, the Board of Directors cannot rule out an impact on the operating activities of the
HLEE Group.
The Board of Directors, as in the previous year, is monitoring the current situation in the current year and regularly
reviewing the measures taken.
However, the HLEE Group was able to lay a good foundation for the 2024 film segment with the production of various
titles in fiscal year 2023 and plans to release twelve productions, including "Chantal im Märchenland", "September 5",
"In the Lost Lands", "Hagen" and "Der Spitzname". This offering will continue the high quality that the Group has
already demonstrated with its top 20 productions in 2023.
In the Sport and Event segment too, the marketing of the UEFA Champions League, UEFA Europa League and UEFA Europa
Conference League rights, optimal content utilization and distribution via SPORT1 and the strengthening of the
portfolio through the acquisition of new rights should enable the Group to further expand its stable and economically
successful business activities and secure more growth potential for the future.
There will be an adjustment to the management team of the HLEE Group in 2024. Peter von Büren, long-standing CFO (Chief
Financial Officer) of HLEE, will retire from the management team on June 30, 2024. However, he will stand for
re-election as a non-executive member of the Board of Directors of HLEE at the 2024 Annual General Meeting. As his
successor, the Board of Directors of HLEE has appointed Hasan Dilsiz, the former long-standing Director of Group
Finance, as the new CFO and member of the management team effective from July 1, 2024.
The Annual General Meeting for fiscal 2023 is scheduled to take place on 28 June 2024. The detailed 2023 Annual Report
is available at https://www.hlee.ch/en/Interim-reports.
The HLEE Group at a glance
Figures for the Group in accordance with IFRS
in CHF million 2023 2022 Change in % Sales 421.4 524.0 -19.6 EBIT -3.5 -1.3 n/a Net profit for the period -20.1 -21.1 n/a Net profit attributable to shareholders -11.4 -13.4 n/a Earnings per share (in CHF) -0.88 -1.04 n/a
Segment sales
Film 253.6 357.4 -29.1 Sport and Event 167.7 166.4 1.8
Segment earnings
Film 8.7 15.2 n/a Sport and Event -4.0 -0.8 n/a in CHF million Dec. 31, 2023 Dec. 31, 2022 Change in % Balance sheet total 790.5 819.9 -3.6 Equity 232.1 230.8 0.6 Equity ratio (%) 29.4 28.2 1.2 points Current financial liabilities 191.7 199.0 -3.7 Cash and cash equivalents 25.7 30.2 -14.9
===
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
info@hlee.ch
https://www.hlee.ch
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End of Inside Information
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===
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: info@hlee.ch Internet: www.hlee.ch ISIN: CH0003583256 Valor: 896040 Listed: SIX Swiss Exchange EQS News ID: 1888487
End of Announcement EQS News Service
===
1888487 24-Apr-2024 CET/CEST
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1888487&application_name=news
END) Dow Jones Newswires
April 24, 2024 12:00 ET (16:00 GMT)
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
HIGHLIGHT E AND E I | 896040 | Schweiz | 6,000 | 10.06.24 17:50:00 | ±0,000 | ±0,00% | 5,000 | 7,000 | 6,000 | 6,000 |
