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Highlight Communications AG
ISIN: CH0006539198
WKN: 920299
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Highlight Communications AG · ISIN: CH0006539198 · EQS - Company News (44 News)
Country: Switzerland · Primary market: Switzerland · EQS NID: 1251110
22 November 2021 06:00PM

Highlight Group continues positive earnings development in Q3 2021


DGAP-News: Highlight Communications AG / Key word(s): 9 Month figures
Highlight Group continues positive earnings development in Q3 2021

22.11.2021 / 18:00
The issuer is solely responsible for the content of this announcement.


Highlight Group continues positive earnings development in Q3 2021

- Consolidated sales increase by 14.1 % year-on-year to CHF 310.4 million

- EBIT amounts to CHF 12.4 million

- The equity ratio was 29.0 % as of the end of the first nine months of 2021 (December 31, 2020: 31.3%)

- Members of the Board of Directors of Highlight Communications AG should strengthen the Supervisory Board of Sport1 Medien AG

 

Group development in the first nine months of 2021

  • Consolidated sales increased all segments by in total 14.1 % year-on-year to CHF 310.4 million.
    • The Film segment generated an increase in sales of CHF 20.7 million to CHF 183.4 million, reflecting the positive developments in home entertainment, license trading/TV exploitation, and TV service production.
       
    • The Sports- and Event-Marketing segment reported an increase of CHF 4.5 million to CHF 51.4 million.
       
    • The Sports segment increased its sales by CHF 13.2 million to CHF 75.6 million due to the optimization of the rights portfolio.
       
  • EBIT reduced to CHF 12.4 million (previous year: CHF 20.2 million) due to higher consolidated operating expenses on account of production work.
     
  • In addition, the Highlight Group has a sound financial position:
    • The consolidated equity of CHF 208.9 million was up CHF 1.9 million on its level from the end of 2020.

The quarterly statement as of September 30, 2021 is available for download at www.highlight-communications.ch from today.

Supplement to the Supervisory Board of Sport1 Medien AG

At the Annual General Meeting of Sport1 Medien AG on December 14, 2021, the members of the Board of Directors Bernhard Burgener, Alexander Studhalter and Peter von Büren are to be newly elected to the Supervisory Board of Sport1 Medien AG in order to achieve an even closer integration of Sport1 Medien AG into the Highlight Group. This is intended to optimize the coordination of the business development of the various segments of the Highlight Group.

The Highlight Group at a glance    
Disclosures for the Group in accordance with IFRS    
       
in CHF million Q3 2021 Q3 2020 Change in %
Sales 310.4 272.0 14.1
EBIT 12.4 20.2 -38.6
Consolidated net profit (after taxes) 2.3 7.9 -70.7
Net profit attributable to shareholders 2.1 8.0 -74.0
Earnings per share (CHF) 0.04 0.14 -71.4
Segment sales      
Film 183.4 162.6 12.8
Sports- and Event-Marketing 51.4 46.9 9.5
Sports 76.6 62.4 21.1
Segment earnings      
Film 10.0 12.6 -20.9
Sports- and Event-Marketing 24.3 22.3 8.7
Sports -17.4 -10.5 -66.0
       
in CHF million Jun. 30, 2021 Dec. 31, 2020 Change in %
Total assets 720.0 661.3 8.9
Equity 208.9 207.0 0.9
Equity ratio (%) 29.0 31.3 -2.3 point
Current financial liabilities 135.2 69.4 94.7
Cash and cash equivalents 37.5 48.2 -22,3%
       
 
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      


22.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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: 1251110

 
End of News DGAP News Service

1251110  22.11.2021 

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EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

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