Highlight Event and Entertainment AG / Key word(s): Half Year Results
21-Aug-2019 / 17:50 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
2019 Half-Year Report
Group Development in the First Half of 2019
-
Compared to the previous year, EBIT declined from CHF 2.7 million to CHF -6.4 million. The decrease essentially results from the Film and the Sports segments.
-
Consolidated total assets as of June 30, 2019 amounted to CHF 951.7 million, down CHF 13.3 million compared with December 31, 2018 (CHF 965.0 million).
-
While current assets fell by CHF 42.0 million – in particular due to a significant decline in receivables – non-current assets rose by CHF 28.7 million. This development is essentially a result of the first-time capitalization of right-of-use assets in connection with the mandatory adoption of the accounting standard IFRS 16 “Leases”.
-
Equity decreased by CHF 20.0 million to CHF 371.3 million due to declines in reserves and non-controlling interests.
The detailed 2019 Half-Year Report is available at http://www.hlee.ch/investor-relations/geschaeftsberichte.
Contact information:
Highlight Event and Entertainment AG
Netzibodenstrasse 23b
4133 Pratteln
Tel.: +41 41 226 05 97
info@hlee.ch
http://www.hlee.ch
|
HLEE Group at a glance
|
|
|
|
Group figures according to IFRS
|
|
|
|
|
|
|
|
|
in CHF million
|
HY1/2019
|
HY1/2018
|
Change in %
|
|
Sales
|
235.8
|
241.4
|
-2.3
|
|
EBIT
|
-6.4
|
2.7
|
-337.0
|
|
Consolidated net income
|
-12.6
|
-7.9
|
-59.5
|
|
Net income attributable to shareholders
|
-5.8
|
-3.9
|
-48.7
|
|
Earnings per share (in CHF)
|
-0.68
|
-0.46
|
-47.8
|
|
Segment sales
|
|
|
|
|
Film
|
140.9
|
147.2
|
-4.3
|
|
Sports- and Event-Marketing
|
32.9
|
30.0
|
9.7
|
|
Sports
|
60.2
|
62.3
|
-3.4
|
|
Event Marketing
|
1.7
|
1.9
|
-10.5
|
|
Segment earnings
|
|
|
|
|
Film
|
-2.5
|
3.2
|
-178.1
|
|
Sports- and Event-Marketing
|
16.2
|
14.9
|
8.7
|
|
Sports
|
-18.8
|
-12.5
|
-50.4
|
|
Event Marketing
|
0.4
|
0.8
|
-50.0
|
|
|
|
|
|
|
in CHF million
|
June 30, 2019
|
Dec. 31, 2018
|
Change in %
|
|
Total assets
|
951.7
|
965.0
|
-1.4
|
|
Equity
|
371.3
|
391.3
|
-5.1
|
|
Equity ratio (%)
|
39.0
|
40.5
|
-1.5 points
|
|
Current financial liabilities
|
221.0
|
189.7
|
16.5
|
|
Cash and cash equivalents
|
50.2
|
59.3
|
-15.3
|
|
|
|
|
|
|
|