Highlight Group Releases Nine-Month Financial Results

Highlight Group has reported its financial performance for the first nine months of 2024, showing a decrease in consolidated sales to CHF 258.4 million compared to CHF 285.6 million the previous year. The EBIT also reflected a downturn, recording CHF -7.6 million against CHF -3.0 million last year. The equity ratio slightly declined to 26.2% from 26.8% at the end of 2023.

The revenue drop is largely attributed to production-related challenges in the Film segment, which saw sales fall from CHF 171.7 million to CHF 141.9 million. Conversely, the Sports and Event segment managed a 2.3% increase in sales. Despite these challenges, equity rose by 7.3% to CHF 172.2 million by the end of September 2024.

The company's detailed financial statement is accessible on their website. Highlight Group remains a key player in the media and entertainment industry amid its current financial fluctuations.