Highlight Event and Entertainment AG posts positive sales performance in first half of 2021 Mittwoch, 18. August 2021 - 18:00
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Highlight Event and Entertainment AG / Key word(s): Half Year Results Highlight Event and Entertainment AG posts positive sales performance in first half of 2021 Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. Press Release 2021 Half-Year Report Highlight Event and Entertainment AG posts positive sales performance in first half of 2021 Consolidated sales climbed by 20.3% to CHF 207 million. Due to production-related consolidated expenses and a lack of sales in theatrical distribution, EBIT amounted to CHF 1.4 million. The Film segment increased its sales by 24% from CHF 98 million to CHF 121.6 million in the first six months of 2021 due to service productions and the continued positive development of digital distribution forms. The Sports- and Event-Marketing segment (marketing of major international sports events) increased its sales from CHF 31.2 million to CHF 34.5 million. The Sports segment increased sales by 17.9% to CHF 50.9 million. This is mainly due to advertising income and realized sport events after Covid 19 restrictions were eased. As a result of the successful capital increases, equity increased from CHF 352.3 million at the end of 2020 to CHF 363.4 million, with the equity ratio rising from 36.6% to 37.3%. The detailed 2021 half-year report is available at https://www.hlee.ch/geschaeftsberichte. Contact: info@hlee.ch
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