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 |
| |
|
|
|
| |
