27.02.2018 – 18:31

Highlight Communications AG

DGAP-Adhoc: Figures for fiscal year 2017: Highlight Group posts surge in earnings - significantly outperforms forecast

DGAP-Ad-hoc: Highlight Communications AG / Key word(s): Change in Forecast
Figures for fiscal year 2017: Highlight Group posts surge in earnings -
significantly outperforms forecast

27-Feb-2018 / 18:27 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

--------------------------------------------------------------------------------
Figures for fiscal year 2017: Highlight Group posts surge in earnings -
significantly outperforms forecast

Highlight Communications AG (ISIN: CH 000 653 9198) has closed fiscal year 2017
successfully and significantly outperformed its guidance for consolidated net
profit of between CHF 18 million and CHF 20 million.

The consolidated net profit increased to CHF 23.7 million (previous year: CHF
20.3 million) as a result of the positive business performance.
According to preliminary IFRS figures, Highlight Communications AG is reporting
consolidated sales for fiscal year 2017 of CHF 374.3 million (previous year: CHF
441.7 million), in line with its forecast range of between CHF 360 million and
CHF 380 million.

Both the Film segment and the Sports- and Event-Marketing segment contributed to
the positive business performance. The Film segment increased its earnings by
more than CHF 9 million in the fourth quarter of 2017, closing the year with
segment earnings of CHF 9.7 million (previous year: CHF 11.9 million). The
Sports- and Event-Marketing segment also reported growth in the fourth quarter
of 2017, closing with segment earnings of CHF 27.3 million (previous year: CHF
25.4 million). The Others segment incurred additional costs for the capital
increase in June 2017, the costs for the successful takeover bid to the
shareholders of Constantin Medien AG and additional legal costs of CHF 6.5
million, as a result of which the segment reported CHF -11.6 million (previous
year: CHF -4.3 million) on a one-time basis. However, the non-recurring increase
of legal and consulting costs in the Others segment was offset by financial
income.

The full audited financial statements for fiscal year 2017 (German version) will
be published on March 28, 2018 and will be available for download from this date
at www.highlight-communications.ch.

 

Further information:

HIGHLIGHT COMMUNICATIONS AG
Investor Relations
Netzibodenstrasse 23b
4133 Pratteln BL, Switzerland
Tel: +41 (0)61 816 96 91
e-mail:  ir@hlcom.ch
--------------------------------------------------------------------------------
27-Feb-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
--------------------------------------------------------------------------------

Language: English

Company:  Highlight Communications AG

          Netzibodenstrasse 23b

          4133 Pratteln

          Switzerland

Phone:    +41 61 816 96 96

Fax:      +41 61 816 67 67

E-mail:    ir@hlcom.ch

Internet: www.hlcom.ch

ISIN:     CH0006539198

WKN:      920299

Listed:   Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial
Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate
Exchange



 

End of Announcement DGAP News Service

--------------------------------------------------------------------------------

658545  27-Feb-2018 CET/CEST