Highlight Communications AG / CH0006539198
27.08.2024 - 15:40:05Highlight Group publishes results for the first half of 2024
Highlight Communications AG / Key word(s): Half Year Report 27.08.2024 / 15:40 CET/CEST The issuer is solely responsible for the content of this announcement. PRESS RELEASE Consolidated sales amounted to CHF 182.9 million (previous year: CHF 186.3 million). The equity ratio amounts to 24.1% (December 31, 2023: 26.8%). EBIT improved to CHF -5.8 million (previous year CHF -10.4 million). Pratteln, August 27, 2024 – Consolidated sales and operating result of the Highlight Group developed as expected in the first half of 2024. Group development in the first half of 2024 At CHF 182.9 million, consolidated sales were 1.8% below the figure for the same period of the previous year. In the first half of 2024, revenue in the Film segment decreased due to production-related factors, while revenue in the Sports and Event segment increased compared to the first half of 2023. The Film segment recorded a production-related decline of CHF 9.3 million, while sales in the Sports and Event segment were CHF 5.8 million higher than in the same period of the previous year. This resulted in EBIT of CHF -5.8 million compared to CHF -10.4 million in the previous year and a consolidated net result for the period of CHF -12.0 million compared to CHF -18.8 million. The Highlight Group’s financial position remains solid as of June 30, 2024: The Group’s equity ratio is at 24.1% (December 31, 2023: 26.8%) The interim report as of June 30, 2024 is available for download at www.highlight-communications.ch from today.
27.08.2024 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: | 1976015 |
End of News | EQS News Service |
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