Highlight Event and Entertainment AG
Highlight Event and Entertainment AG posts positive sales performance in first half of 2021
Highlight Event and Entertainment AG / Key word(s): Half Year Results 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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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: | 1227381 |
End of Announcement | EQS Group News Service |