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31.05.2018 – 19:22

Highlight Event and Entertainment AG

EQS-Adhoc: 2017 Annual Report


EQS Group-Ad-hoc: Highlight Event and Entertainment AG / Key word(s): Final
Results
2017 Annual Report

31-May-2018 / 19:19 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

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Press Release

Group Development in Fiscal Year 2017

The sales and earnings development of the Highlight Event and Entertainment
Group (HLEE Group) in the past fiscal year was characterized by the initial full
consolidation of Highlight Communications AG, which took place as of September
28, 2017.
Consolidated sales climbed from CHF 2.8 million in the previous year to CHF
137.9 million in the reporting year.Consolidated net profit amounted to CHF 9.5
million compared with the prior year at CHF -3.0 million.Equity increased from
CHF 24.7 million in the previous year to CHF 511.7 million in the reporting
year.
Despite increased operating expenses for the Group due to the start of the World
Boxing Super Series and additional expenses for legal and consulting costs from
the successful capital increases, consolidated net profit benefited from
additional income due to the initial consolidation of Highlight Communications
AG and effects from the first-time valuation of the acquisition of the 25% share
in Highlight Communications AG.

Consolidated total assets were also significantly higher than in the previous
year at CHF 926.2 million (CHF 45.0 million). This growth is due to both the
capital increases and the inclusion of Highlight Communications AG in
consolidation.

The detailed 2017 annual report is available
athttp://www.hlee.ch/en/Interim-reports.htm.

Contact:
Highlight Event and Entertainment AG
Investor Relations
Netzibodenstrasse 23b
4133 Pratteln, Switzerland
Tel.: +41 41 226 05 97
Fax: +41 41 226 05 98

info@hlee.ch
http://www.hlee.ch

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End of ad hoc announcement------------------------------------------------------

Language: English

Company:  Highlight Event and Entertainment AG

          Netzibodenstrasse 23b

          4133 Pratteln

          Switzerland

Phone:    +41 41 226 05 97

Fax:      +41 41 226 05 98

E-mail:info@hlee.ch

Internet: www.hlee.ch

ISIN:     CH0003583256

Valor:    896040

Listed:   SIX Swiss Exchange



 

End of Announcement EQS Group News Service

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691445  31-May-2018 CET/CEST