UK markets open in 4 minutes
  • NIKKEI 225

    28,226.08
    +257.09 (+0.92%)
     
  • HANG SENG

    18,858.77
    +261.54 (+1.41%)
     
  • CRUDE OIL

    80.27
    -0.28 (-0.35%)
     
  • GOLD FUTURES

    1,792.00
    +32.10 (+1.82%)
     
  • DOW

    34,589.77
    +737.24 (+2.18%)
     
  • BTC-GBP

    14,158.59
    +115.64 (+0.82%)
     
  • CMC Crypto 200

    405.19
    +4.49 (+1.12%)
     
  • ^IXIC

    11,468.00
    +484.22 (+4.41%)
     
  • ^FTAS

    4,139.65
    +27.35 (+0.67%)
     

Significantly positive sales development at the Highlight Group

EQS-News: Highlight Communications AG / Key word(s): 9 Month figures
Significantly positive sales development at the Highlight Group
17.11.2022 / 18:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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

 

The Board of Directors of the Highlight Group has decided to combine the Sports (Group company Sport1 Medien AG) and Sports- and Event-Marketing (Group companies TEAM Group & Highlight Event AG) segments in the Sports and Event segment as of January 1, 2022.

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 


17.11.2022 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

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:

1490731


 

End of News

EQS News Service

show this
show this