2019

21.08.2019 – Highlight Event and Entertainment AG

Konzernentwicklung im 1. Halbjahr 2019

Highlight Event and Entertainment AG / Key word(s): Half Year Results
Konzernentwicklung im 1. Halbjahr 2019

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.

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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           -5.8        -3.9        -48.7
    shareholders
    Earnings per share (in CHF)         -0.68       -0.46        -47.8
    Segment sales
    Film                                140.9       147.2         -4.3
    Sportsand 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
    Sportsand 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,    Dec. 31,    Change in
                                         2019        2018            %
    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




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End of ad hoc announcement

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