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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: 1201655
27 May 2021 05:00PM

Highlight Group enjoys positive first quarter of 2021


DGAP-News: Highlight Communications AG / Key word(s): Quarterly / Interim Statement
Highlight Group enjoys positive first quarter of 2021

27.05.2021 / 17:00
The issuer is solely responsible for the content of this announcement.


Highlight Group enjoys positive first quarter of 2021

  • Consolidated revenue up CHF 17.2 million to CHF 106.5 million
  • EBIT rises by CHF 0.1 million year-on-year to CHF 1.3 million
  • Consolidated net profit down CHF 1.0 million year-on-year to CHF -2.1 million due to currency effects

The Highlight Group's consolidated revenue and EBIT developed positively in the first quarter of 2021.

Group development in the first quarter of 2021

  • At CHF 106.5 million, consolidated revenue was up CHF 17.2 million on the figure for the first quarter of 2020. The growth was primarily due to higher sales in the Film segment, whereas sales in the Sport- and Event-Marketing segment were up slightly and sales in the Sport segment were down on the same period of the previous year.
     
  • The increase in the external revenue of the Sports- and Event-Marketing segment is primarily due to currency effects.
     
  • Despite higher consolidated operating expenses, EBIT increased to CHF 1.3 million (previous year: CHF 1.2 million).
     
  • Consolidated net profit declined by CHF 1.0 million to CHF -2.1 million in total. Earnings of CHF -1.9 million were attributable to Highlight's shareholders (previous year: CHF -0.9 million), translating into earnings per share of CHF -0.03 (previous year: CHF -0.02).
     
  • At CHF 207.3 million, consolidated equity was almost unchanged compared with the end of 2020.

The global coronavirus pandemic will remain a key issue beyond the first quarter of 2021. The Board of Directors is continuously monitoring the situation and has already taken corresponding measures.  

The quarterly statement as of March 31, 2021 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 Q1 2021 Q1 2020 Change in %
Sales 106.5 89.3 19.3
EBIT 1.3 1.2 6.9
Consolidated net profit for the period
(after taxes)
-2.1 -1.1 n/a
Consolidated net profit attributable to shareholders -1.9 -0.9 n/a
Earnings per share (in CHF) -0.03 -0.02 n/a
Segment sales      
Film 67.9 48.1 41.2
Sports- and Event-Marketing 16.9 16.2 3.1
Sports 21.8 25.0 -12.8
Segment earnings      
Film 3.3 0.4 n/a
Sports- and Event-Marketing 8.0 7.8 3.1
Sports -8.5 -5.2 n/a
       
CHF million March 31, 2021 Dec. 31, 2020 Change in %
Total assets 663.4 661.3 0.3
Equity 207.3 207.0 0.1
Equity ratio (%) 31.2 31.3 -0.1 points
Current financial liabilities 83.5 69.4 20.2
Cash and cash equivalents 66.3 48.2 37.6
       
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      


27.05.2021 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: 1201655

 
End of News DGAP News Service

1201655  27.05.2021 

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This publication was provided by our content partner EQS3.

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

 

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