2020

20.04.2020 – Highlight Event and Entertainment AG

Highlight Event and Entertainment AG: 2019 Annual Report

Highlight Event and Entertainment AG / Key word(s): Annual Results
Highlight Event and Entertainment AG: 2019 Annual Report

20-Apr-2020 / 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.

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2019 Annual Report

HLEE Group records significant growth in consolidated net profit in fiscal
2019

Business at Highlight Event and Entertainment AG developed successfully
overall in 2019.

  * Consolidated net profit attributable to shareholders improved to CHF 7.2
    million (previous year: CHF -14.5 million).

  * At CHF 32.5 million, EBIT was well above the previous year's level (CHF
    -0.5 million). In the previous year, there were investments, set-up and
    high project costs for the World Boxing Super Series (WBSS).

  * Earnings per share increased to CHF 0.84 (previous year: CHF -1.69).

  * Consolidated sales amounted to CHF 504.6 million.

At CHF 973.5 million, consolidated total assets were CHF 8.5 million higher
than in the previous year (CHF 965.0 million).

Development of the operating segments in 2019

The Film segment achieved its targets in fiscal 2019. There were twelve
in-house and co-productions in total in theatrical production, including the
Bora Dagtekin comedy "Das perfekte Geheimnis" and "Kaiserschmarrndrama", the
seventh big-screen adaptation of a Rita Falk novel. Home entertainment
exploitation retained a strong market position thanks to a balanced
portfolio, including theatrical successes such as "Der Fall Collini" and
"Ostwind - Aris Ankunft". In free TV, sales were generated in particular by
the start of initial licenses.

In the Sport- and Event-Marketing segment, the TEAM group successfully
completed the development of commercial concepts and rights packages for the
2021/22 to 2023/24 cycle of the UEFA Champions League, the UEFA Europa
League, and the new UEFA European Conference League in the reporting year.
TEAM experienced a strong start to its sales operations on both the media
and the sponsorship sides, closing several key deals early on.

In the reporting year, the Sports segment continued to focus on optimizing
its portfolio of rights, improving existing digital content and creating new
digital content for cross-platform exploitation. The World Boxing Super
Series (WBSS) successfully held both the semifinals and the super
lightweight final in London as well as the bantamweight final in Tokyo in
2019. The bantamweight final was named the Fight of the Year 2019 by many
experts and specialist magazines.

The Annual General Meeting for fiscal 2019 is scheduled to take place on
June 26, 2020.

The detailed 2019 annual report is available at
https://www.hlee.ch/en/Interim-reports.htm.

    The HLEE Group at a glance
    Group figures in line with IFRS

    CHF million                                  2019      2018  Change
                                                                   in %
    Sales                                       504.6     564.1   -10.5
    EBIT                                         32.5      -0.5     n/a
    Consolidated net profit for the period       17.9     -20.2     n/a
    (after taxes)
    Consolidated net profit attributable to       7.2     -14.5     n/a
    shareholders
    Earnings per share (in CHF)                  0.84     -1.70     n/a
    Segment revenues
    Film                                        303.6     364.4   -16.7
    Sportsand Event-Marketing                    64.7      63.7     1.6
    Sports                                      132.9     133.1    -0.2
    Event Marketing                               3.1       2.9     6.9
    Segment earnings
    Film                                         16.3      12.1    34.7
    Sportsand Event-Marketing                    29.2      31.5    -7.3
    Sports                                      -10.0     -34.8     n/a
    Event Marketing                               1.1       0.9    22.2

    CHF million                              Dec. 31,  Dec. 31,  Change
                                                 2019      2018    in %
    Total assets                                973.5     965.0     0.9
    Equity                                      360.4     391.3    -7.9
    Equity ratio (%)                             37.0      40.5    -3.5
                                                                 points
    Current financial liabilities               139.1     189.7   -26.6
    Cash and cash equivalents                    55.3      59.3    -6.7
Contact:
Highlight Event and Entertainment AG
Investor Relations
Netzibodenstrasse 23b
4133 Pratteln, Switzerland
Tel.: +41 41 226 05 97
Fax: +41 41 226 05 98

info@hlee.ch
http://www.hlee.ch


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