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EQS-News: Highlight Communications AG / Key word(s): Quarterly / Interim Statement
The Highlight Group publishes results for first quarter of 2024
2024-05-28 / 16:45 CET/CEST
The issuer is solely responsible for the content of this announcement.
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

(after taxes)                                                      -8.3                   -9.5                n/a 
Consolidated net profit attributable to shareholders               -8.3                   -9.6                n/a 
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, 2024          Dec. 31, 2023        Change 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: ir@hlcom.ch

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2024-05-28 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com

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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 2024-05-28 CET/CEST

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END) Dow Jones Newswires

May 28, 2024 10:45 ET (14:45 GMT)