Business
Highlight Group publishes results for fiscal year 2024
Highlight Group publishes results for fiscal year
About this update from Highlight Communications Ag
[{"type":"text","content":"\n\n\nEQS-News: Highlight Communications AG\n\n\n / Key word(s): Annual Results\n\n\n\n\n\nHighlight Group publishes results for fiscal year 2024 \n\n\n\n\n\n\n30.04.2025 / 15:15 CET/CEST\n\n\n\nThe issuer is solely responsible for the content of this announcement.Highlight Group publishes results for fiscal year 2024Consolidated sales amounted to CHF 404.1 million in the reporting year, due to foreign currency effects and production-related factors (previous year: CHF 421.3 million)EBIT is at CHF -6.4 millionThe equity ratio decreased to 24.3 % as of December 31, 2024 (previous year: 26.8 %)Pratteln, April 30, 2025 – The Highlight Group generates solid consolidated sales in 2024.Group development in fiscal 2024In the opinion of the company, the business performance of the Highlight Group was satisfactory overall in 2024. At CHF 404.1 million, Group sales were 4.1 % below the previous year’s figure of CHF 421.3 million.\n The Film and Sport and Event segments both generated lower external sales than in the previous year due to foreign currency effects and production-related factors.\n The operating profit (EBIT) fell to CHF –6.4 million (previous year: CHF 6.9 million).\n With net result attributable to shareholders of CHF –27.7 million, compared with CHF –10.6 million in the previous year, earnings per share decreased from CHF –0.19 to CHF –0.49 year-on-year.Development of the operating segments in 2024Film segmentA total of ten in-house and co-productions were made in the area of theatrical production. Filming took place for the in-house production “Der Spitzname” and the Constantin co-production “Momo” in 2024. In addition, the theatrical film version of the audience favorite “Pumuckl und das grosse Missverständnis”, the co-production “The Physician 2” and “Das Kanu des Manitu”, the sequel of one of the most successful German films in history, were produced.\n In theatrical distribution, a total of seven films were released in German movie theaters in 2024, including “Chantal and the Magic Kingdom” (“Chantal im Märchenland”) and “Der Spitzname”. In the TV exploitation/license trading business area, numerous license sales of in-house and third-party productions were again realized in 2024, with established partners as well as with new ones. In the free-TV area, the initial licenses for “Der Nachna...