EQS Group-Ad-hoc: Highlight Event and Entertainment AG / Key word(s): Final Results
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.
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.
The detailed 2017 annual report is available at http://www.hlee.ch/en/Interim-reports.htm.
End of ad hoc announcement
|Company:||Highlight Event and Entertainment AG|
|Phone:||+41 41 226 05 97|
|Fax:||+41 41 226 05 98|
|Listed:||SIX Swiss Exchange|
|End of Announcement||EQS Group News Service|
691445 31-May-2018 CET/CEST