Highlight Group Publishes Results for the First Half of 2024

Highlight Communications AG has released its financial results for the first half of 2024. Consolidated sales totaled CHF 182.9 million, down 1.8% from CHF 186.3 million the previous year. The equity ratio decreased to 24.1% from 26.8% at the end of 2023.

The EBIT improved to CHF -5.8 million compared to CHF -10.4 million in the first half of 2023. This improvement led to a consolidated net result of CHF -12.0 million, better than the CHF -18.8 million reported in the same period last year.

Revenue in the Film segment dropped by CHF 9.3 million due to production-related factors. Conversely, the Sports and Event segment saw an increase of CHF 5.8 million. The Group’s financial standing remains stable, with total assets rising to CHF 641.4 million as of June 30, 2024.

The interim report is available for download on the company’s website. Highlight Communications AG is listed on several German stock exchanges, including Frankfurt and Tradegate Exchange.