Highlight Event and Entertainment Ltd

HLEE

Equity

ISIN CH0003583256 / Valor 358325

SIX Swiss Exchange (2024-12-19)

CHF 6.25%

Highlight Event and Entertainment Ltd
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About company

Highlight Event and Entertainment Ltd, based in Pratteln, Switzerland, operates within the entertainment and media industry, focusing on a diverse range of activities including film production, distribution, TV production, and the marketing of sports and entertainment events. The company, through its subsidiary Constantin Film AG, is a leading independent German producer and distributor of both fictional and non-fictional audiovisual content, with a significant presence in the cinema production, home entertainment, and TV production sectors. Highlight Event and Entertainment Ltd also specializes in the global marketing of international sports events through its ownership of Team Holding AG, which exclusively markets major UEFA football competitions. Additionally, the company is involved in the international marketing of music, culture, and entertainment projects, including the worldwide marketing of the Vienna Philharmonic and the Eurovision Song Contest. Through its diverse subsidiaries, Highlight Event and Entertainment Ltd covers a broad spectrum of the entertainment industry, from film and TV to sports and cultural events, making it a significant player in the global media landscape.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue

Highlight Event and Entertainment Ltd reported total sales of CHF 421,354 thousand for the fiscal year 2023, compared to CHF 524,032 thousand in 2022. This represents a decrease in revenue, reflecting the challenging economic conditions faced during the year.

Net Income

The consolidated net income for Highlight Event and Entertainment Ltd in 2023 was CHF -20,079 thousand, a slight improvement from the CHF -21,050 thousand reported in 2022. Despite the negative net income, the company managed to reduce its losses year-over-year.

Earnings Per Share

Highlight Event and Entertainment Ltd reported earnings per outstanding share of CHF -0.88 for 2023, compared to CHF -1.04 in 2022. This improvement is attributed to the strategic measures taken by the company to enhance its financial performance.

Dividends

No dividend will be paid out for the fiscal year 2023, as Highlight Event and Entertainment Ltd focuses on strengthening its financial position and navigating through the economic challenges.

Capital Increase

In 2023, Highlight Event and Entertainment Ltd carried out a strategic capital increase to bolster its equity. This move was aimed at enhancing the company's financial stability and supporting its long-term growth objectives.

Summarized from source with an LLMView Source

Key figures

-45.2%1Y

-73.7%3Y

-72.3%5Y

Performance

162%1Y

153%3Y

123%5Y

Volatility