on Highlight Event And Entertainment AG (isin : CH0003583256)
Highlight Event and Entertainment AG Publishes First Half 2024 Results
Highlight Event and Entertainment AG reported its financial results for the first half of 2024 today. Consolidated sales amounted to CHF 182.9 million, a slight decrease from CHF 186.4 million in the same period last year.
The company recorded an EBIT of CHF -9.9 million, improving from CHF -15.7 million last year. The net profit for the period also saw an improvement, amounting to CHF -19.2 million compared to CHF -23.7 million the previous year. However, the equity ratio decreased to 26.5% from 29.4% as of December 31, 2023.
Sales in the Film segment fell by CHF 9.3 million, whereas the Sports and Event segment saw a rise in sales by CHF 5.9 million. Equity stood at CHF 219.3 million, down from CHF 232.1 million at the end of 2023.
The interim report for 2024 is available for download on the company's website.
R. P.
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