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SinnerSchrader AG

SinnerSchrader achieves record revenues and still sees opportunities for growth in a difficult environment

Hamburg (euro adhoc) -

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SinnerSchrader is ending the 2007/2008
financial year (1 September 2007 to 31 August 2008) with gross 
revenues of EUR 24.2 million, the highest in the company's history to
date, an operating result (EBITA) of EUR 2.3 million, and a gross 
revenue margin of 9.5 per cent. In comparison to the previous year, 
the gross revenues have increased by EUR 5.6 million or 30 per cent. 
The EBITA rose by EUR 1.3 million or 121 per cent and the gross 
revenue margin rose by 3.9 percentage points.
The audited Consolidated Financial Statements approved by the 
Supervisory Board, which are being presented today, thus confirm the 
provisional figures of 9 October 2008. SinnerSchrader achieved around
two thirds of the growth in revenues and EBITA organically, 
especially in business with its major existing customers. The other 
third was accounted for by the wholly-owned subsidiary spot-media AG,
which SinnerSchrader had taken over in February.
After depreciation of the investments in the subsidiaries and 
affiliated companies spot-media AG and activeGATE GmbH made in the 
course of the financial year, interest from investment of the 
liquidity reserve, and taxes, the Group's consolidated income is EUR 
1.6 million or EUR 0.14 per share. In the last year, SinnerSchrader 
achieved a consolidated income of EUR 1.0 million or EUR 0.09 per 
share.
As a result of the investments made in the 2007/2008 financial year, 
on 31 August 2008 the liquidity reserve had fallen by EUR 1.4 million
to EUR 9.1 million in comparison to the level on 31 August 2007. The 
equity ratio was just around 65 per cent. At the end of August, the 
SinnerSchrader Group had 241 employees, 13 of whom were apprentices.
In view of the financial crisis and the uncertainty it has brought 
about with regard to overall economic development in the months 
ahead, it is difficult to make predictions for the 2008/2009 
financial year. However, SinnerSchrader is not expecting the economic
crisis to have any negative effects on the fundamental factors that 
drive its business forward.
The importance of interactive consumers will continue to increase, 
and therefore the adaptation pressure on marketing to make use of 
this change will rise. This means that SinnerSchrader sees growth 
opportunities for revenues and profits, even in a weaker economic 
environment.
Against the background of the successful development and the 
confidence of further growth in the years ahead, the Management Board
and Supervisory Board will propose to the Annual General Meeting on 
18 December 2008 a dividend in the amount of EUR 0.12 per share from 
the balance sheet profit of 31 August 2008. This sum will once again 
be serviced from the tax deposit account and would therefore be 
tax-free for those with minor holdings.
The Consolidated Financial Statements can be viewed from today on 
SinnerSchrader's investor website at www.wkn514190.de. The complete 
Annual Report will probably be published in the same place on 15 
November 2008.
About SinnerSchrader SinnerSchrader is a leading interactive agency 
in Germany. SinnerSchrader develops interactive customer experiences 
which radically intensify the relationship between brands and 
consumers. SinnerSchrader was founded in 1996, has been listed on the
stock exchange since 1999, and has over 200 employees in Hamburg and 
Frankfurt am Main.
end of announcement                               euro adhoc

Further inquiry note:

SinnerSchrader Aktiengesellschaft

Thomas Dyckhoff, CFO
T. +49. 40. 39 88 55-0

Martin Recke, Corporate Communications
T. +49. 40. 39 88 55-181

E-mail: ir@sinnerschrader.de
F. +49. 40. 39 88 55-100

Branche: Software
ISIN: DE0005141907
WKN: 514190
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade

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