Highlight boosted by film division
Swiss media group holds revenues and profits steadyCOLOGNE, Germany -- Highlight Communications beat the street in 2009. The Swiss media group held revenues and profits steady amid the economic crisis.
Highlight booked sales of 517.9 million Swiss Francs ($488 million) last year. Profits attributable to company shareholders increased 7.4% to 32 million Swiss Francs ($30 million).
The bulk of Highlight's earnings -- around $400 million -- came from its film division, which includes its German subsidiary, production/distribution giant Constantin Film.
For 2010 Highlight expects sales of between 420 million -- 440 million Swiss Francs ($400 million -$415 million).