Annual Report 2023 - HLEE Group with stable result in 2023 financial year
- HLEE Group reports stable results in 2023
- Consolidated sales at CHF 421.4 million
- EBIT at CHF -3.5 million due to currency effects
Highlight Event and Entertainment AG / Key word(s): Annual Results Ad hoc announcement pursuant to Art. 53 LR |
Pratteln, April 24, 2024
Annual Report 2023
HLEE Group with stable result in 2023 financial year
- Consolidated sales were CHF 421.4 million (previous year: CHF 524.0 million) due to production-related factors in the Film segment
- EBIT amounted to CHF -3.5 million due to foreign currency effects (previous year: CHF -1.3 million)
- Consolidated net result for the period improved from CHF -21.1 million to CHF -20.1 million
- The equity ratio rose as a result of the capital increase to 29.4 % (previous year: 28.2 %). Consolidated total assets amounted to CHF 790.5 million (previous year: CHF 819.9 million)
Development of operating segments in 2023
Film segment:
Ten movies were released in German theaters in the 2023 reporting year, including “Rehragout-Rendezvous” from the successful Eberhofer series, “Manta Manta – Zwoter Teil” and “Sonne und Beton”. These titles all made it into the top 20 most successful movies released in Germany in 2023.
In license trading/TV exploitation, licenses were again sold for several in-house and third-party productions, with established and also new partners, in 2023 as well. The premiere broadcasts of “Guglhupfgeschwader” and “Contra” scored high market shares.
Sports and Events segment
In the Sports and Events segment, TEAM Marketing AG experienced a strong start to its sales operations on both the media and the sponsorship sides and renewed several key partnerships early on.
In the reporting year, Sport1 Medien AG focused on optimizing its portfolio of rights, improving and creating new digital content and marketing environments in addition to cross-platform content exploitation, networking and capitalization. SPORT1 scored record viewer numbers for the broadcast of the World Darts Championship.