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EQS-News: Highlight Communications AG
/ Key word(s): 9 Month figures
Highlight Group publishes results for the first nine months
16.11.2023 / 17:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
PRESS RELEASE
Highlight Group publishes results for the first nine months
- Consolidated sales amounted to CHF 285.6 million (previous year CHF 386.1 million).
- EBIT decreased to CHF -3.0 million (previous year CHF 1.0 million).
- The equity ratio was 25.8% at September 30, 2023 (December 31, 2022: 29.3%).
Pratteln, November 16, 2023 – Highlight Group publishes development of the first nine months
Group development in the third quarter of 2023
- Compared to the previous year, consolidated revenues decreased due to production-related factors in the Film segment and foreign currency effects.
- EBIT amounted to CHF -3.0 million (previous year CHF 1.0 million).
- The equity ratio decreased from 29.3% in the previous year to 25.8%.
The quarterly statement as of September 30, 2023 is available for download at www.highlight-communications.ch from today.
| The Highlight Group at a glance |
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| Group figures in line with IFRS |
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| CHF million |
Q3 2023 |
Q3 2022 |
Change in % |
| Sales |
285.6 |
386.1 |
-26.0 |
| EBIT |
-3.0 |
1.0 |
n/a |
Consolidated net profit for the period
(after taxes) |
-18.0 |
-12.0 |
n/a |
| Consolidated net profit attributable to shareholders |
-18.4 |
-12.3 |
n/a |
| Earnings per share (in CHF) |
-0.32 |
-0.22 |
n/a |
| Segment sales |
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| Film |
171.7 |
272.1 |
-36.9 |
| Sports and Event |
113.9 |
114.0 |
-0.1 |
| Segment earnings |
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| Film |
5.6 |
12.2 |
-54.1 |
| Sports and Event |
-4.2 |
-6.5 |
35.8 |
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| CHF million |
Sept. 30, 2023 |
Dec. 31, 2022 |
Change in % |
| Total assets |
632.0 |
634.2 |
-0.4 |
| Equity |
163.0 |
186.0 |
-12.4 |
| Equity ratio (%) |
25.8 |
29.3 |
-3.5 points |
| Current financial liabilities |
208.2 |
112.3 |
85.4 |
| Cash and cash equivalents |
25.9 |
29.9 |
-13.5 |
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| For further information: |
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| Highlight Communications AG |
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| Investor Relations |
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| Netzibodenstrasse 23b |
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| 4133 Pratteln BL, Switzerland |
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| Tel: +41 (0) 61 816 96 91 |
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| e-mail: [email protected] |
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16.11.2023 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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