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SinnerSchrader AG

EANS-News: SinnerSchrader plans double-digit growth
14.5 per cent revenue increase in 2008/2009
Preliminary figures confirmed

Hamburg (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Financial Figures/Balance Sheet
Despite the economic crisis, SinnerSchrader
was able to continue growing during the 2008/2009 financial year 
(September 2008 to August 2009). Gross revenues rose by 14.5 per cent
compared to the year before to reach EUR 27.7 million. Investments in
the expansion of the service portfolio amounting to EUR 1.0 million 
caused the operating result (EBITA) to decline to EUR 1.4 million. 
Without these advance payments, the EBITA would have risen slightly 
as planned from EUR 2.3 million in the year before to EUR 2.4 
million.
The audited Consolidated Financial Statements which have been 
approved by the Supervisory Board and are being presented today 
therefore confirm the preliminary figures from 15 October 2009. Net 
revenues improved by 14.1 per cent or EUR 2.6 million to reach EUR 
20.9 million. Of this, EUR 2.2 million can be attributed to the 
agency business of SinnerSchrader and spot-media. The media business,
including the ad serving services from newtention which 
SinnerSchrader acquired in May 2009, grew by EUR 0.5 million. The 
e-commerce outsourcing business which also started in the past 
financial year contributed nearly EUR 0.2 million.
Due to the costs for the establishment of new business segments, the 
consolidated income to be attributed to SinnerSchrader's shareholders
fell by EUR 0.4 million compared to the year before to EUR 1.2 
million. The earnings per share amounted to 11 cents, or 3 cents less
than in the previous year. The liquidity reserve declined due to the 
investments by EUR 1.1 million to EUR 8.0 million as of 31 August 
2009. The equity ratio was 62 per cent as of the report date. At the 
end of August 2009, the SinnerSchrader Group had 279 employees, of 
whom 17 were trainees.
For the 2009/2010 financial year, SinnerSchrader expects greater 
growth in net revenues than in the past financial year and a 
significant improvement in the operating result (EBITA), though the 
EBITA will still be burdened by start-up costs in the field of 
e-commerce outsourcing. For the following year, too, SinnerSchrader 
sees good prospects for double-digit growth rates in net revenues and
a disproportionately large improvement in the EBITA.
The Management Board and Supervisory Board will propose a dividend of
8 cents per share at the Annual General Meeting on 16 December 2009. 
This amount would once again be paid from the tax-recognised 
contribution account and would thus be tax-free for those with minor 
holdings.
Dr Reinhard Pöllath, Chairman of the Supervisory Board of 
SinnerSchrader AG, has announced that he will step down from his 
position at the end of the next Annual General Meeting after ten 
years of service. At the Annual General Meeting, the Management Board
and Supervisory Board will propose Philip Seitz as the new member of 
the Supervisory Board.
As of today, the Consolidated Financial Statements can be viewed on 
SinnerSchrader's investor website at www.wkn514190.de. The complete 
Annual Report will probably be published on 26 November 2009 in the 
same place.
About SinnerSchrader
SinnerSchrader is one of the leading interactive agencies in Germany.
SinnerSchrader creates interactive customer experiences and radical 
relationships between brands and consumers. The SinnerSchrader Group 
has over 250 employees at its Hamburg and Frankfurt am Main sites who
work for customers such as Deutsche Bank, TUI, Tchibo, simyo, ECCO, 
comdirect bank, mobilcom-debitel, Steigenberger, and Unitymedia. 
SinnerSchrader was founded in 1996 and has been quoted on the stock 
exchange since 1999.
end of announcement                               euro adhoc

Further inquiry note:

SinnerSchrader Aktiengesellschaft

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

Martin Recke, Head of 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: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

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