HIGHLIGHT EVENT AND ENTERTAINMENT AG (FRA:L60) Highlight Event and Entertainment AG publishes results for the first half of 2024

Transparency directive : regulatory news

27/08/2024 17:50

Highlight Event and Entertainment AG / Key word(s): Half Year Results
Highlight Event and Entertainment AG publishes results for the first half of 2024

27-Aug-2024 / 17:50 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, August 27, 2024

Semi-annual report 2024

Highlight Event and Entertainment AG publishes results for the first half of 2024

Consolidated sales amounted to CHF 182.9 million (previous year: CHF 186.4 million).
EBIT was CHF -9.9 million (previous year: CHF -15.7 million).
Consolidated net profit amounted to CHF -19.2 million (previous year: CHF -23.7 million).
The equity ratio was 26.5 % (December 31, 2023: 29.4 %). The consolidated total assets increased to CHF 828.0 million (December 31, 2023: CHF 790.5 million).

The Film segment recorded a decrease of CHF 9.3 million due to production, while sales in the Sports and Event segment increased by CHF 5.9 million.

Equity amounted to CHF 219.3 million (December 31, 2023: CHF 232.1 million).

The interim report 2024 is available for download at https://www.hlee.ch/en/Interim Reports.htm from today.

The HLEE-Group at a glance

Figures for the Group in accordance with IFRS

in CHF million	Jan. 1 to Jun. 30, 2024	Jan. 1 to Jun. 30, 2023	Change in %
Sales	182.9	186.4	-1.9
EBIT	-9.9	-15.7	n/a
Net profit for the period	-19.2	-23.7	n/a
Net profit attributable to shareholders	-12.4	-13.0	n/a
Earnings per share (in CHF)	-0.95	-1.38	n/a
Segment sales
Film	102.3	111.6	-8.3
Sports and Event	80.5	74.7	7.8
Segment earnings
Film	-1.8	1.6	n/a
Sports and Event	-4.7	-13.1	n/a
in CHF million	Jun. 30, 2024	Dec. 31, 2023	Change in %
Balance sheet total	828.0	790.5	4.7
Equity	219.3	232.1	-5.5
Equity ratio (%)	26.5	29.4	-2,9 points
Current financial liabilities	297.5	191.7	n/a
Cash and cash equivalents	13.7	25.7	n/a

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

http://www.hlee.ch

End of Inside Information

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:	1976109