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EANS-News: SinnerSchrader AG
SinnerSchrader grows by 10 per cent in the first nine months of 2009/2010
Operating result improves by 34 per cent

Hamburg (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
9-month report
SinnerSchrader ended the first nine months of
the 2009/2010 financial year (1 September 2009 to 31 May 2010) with 
net revenues of EUR 17.1 million and an operating result (EBITA) of 
EUR 1.05 million. Net revenues rose by 10 per cent compared to the 
same period in the previous year. Growth increased from 6.4 per cent 
in the first quarter to 10.8 per cent in the second quarter and 13.1 
per cent in the third quarter of 2009/2010. Net revenues in the third
quarter amounted to EUR 5.9 million.
The proportion of net revenues accounted for by business with new 
customers continued to rise in the third quarter and amounted to 
nearly 13 per cent during the first nine months of the year. In the 
third quarter, SinnerSchrader won contracts with the Gucci Group, 
s.Oliver, Versatel and others.
The operating result (EBITA) in the first nine months of the 
2009/2010 financial year was nearly EUR 0.3 million, or 34 per cent, 
higher than in the comparable period last year. SinnerSchrader 
continued to invest in the establishment of the new business fields 
of e-commerce outsourcing and ad serving. Initial losses here 
amounted to EUR 1 million in the period under report, compared to EUR
0.6 million in the previous year. Consolidated income in the 
nine-month period amounted to a good EUR 0.4 million, which 
corresponds to 4 cents per share.
Based on current information, SinnerSchrader anticipates net revenues
of at least EUR 23.3 million and an operating result (EBITA) of at 
least EUR 1.8 million for the full year. This would correspond to 
revenue growth of over 11 per cent and an improvement in earnings of 
nearly EUR 0.4 million, or 25 per cent. Due to a slower establishment
of business in the new business fields SinnerSchrader would thus not 
grow faster than in the 2008/2009 financial year, as had initially 
been forecast, but would nevertheless achieve its operative earnings 
targets.
In the financial year so far, operating cash flow amounted to a good 
EUR 1.3 million. The liquidity reserve reached EUR 7.5 million as of 
31 May 2010, which is EUR 0.4 million below the reserve on 31 August 
2009. The equity ratio was 60.6 per cent as of the report date. On 31
May 2010, the SinnerSchrader Group had 299 employees.
The entire quarterly report can be downloaded from the Internet at
www.wkn514190.de/s2ir/en/5091.html from 2:00 p.m. today.
SinnerSchrader is one of the leading interactive agencies in Germany.
SinnerSchrader develops digital strategies, platforms, and 
applications which create radical relationships between consumers and
brands. The SinnerSchrader Group has around 300 employees who work 
for customers such as Deutsche Bank, TUI, Tchibo, simyo, ECCO, 
comdirect bank, Heine, 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:

Thomas Dyckhoff
CFO
Telefon: +49(0)40 398855-113
E-Mail: t.dyckhoff@sinnerschrader.de

Branche: Software
ISIN: DE0005141907
WKN: 514190
Index: CDAX, Prime All Share, Technology 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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