Tous Actualités
Suivre
Abonner SinnerSchrader AG

SinnerSchrader AG

EANS-News: SinnerSchrader AG
Record quarter: SinnerSchrader grows by more than 25 per cent in fourth quarter
Targets reached for the 2009/2010 financial year

Hamburg, 14 October 2010 (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Financial Figures/Balance Sheet
SinnerSchrader ended the
2009/2010 financial year (1 September 2009 to 31 August 2010) with a 
record fourth quarter. Based on preliminary, as yet unaudited figures
from the Annual Financial Statements, SinnerSchrader´s net revenues 
increased in the fourth quarter of the 2009/2010 financial year by 
over 25 per cent against those of the year before, reaching around 
EUR 6.8 million. The operating result (EBITA) for the quarter will 
probably considerably surpass the EUR 1 million mark and will thus be
well over 50 per cent higher than in the previous year.
The surprisingly strong economic recovery in Germany, the rapid 
digitisation of marketing, and SinnerSchrader´s recognised position 
as a leading digital agency gave a significant boost to business with
new customers. In the fourth quarter, SinnerSchrader generated around
23 per cent of its revenues with customers for whom the company was 
not yet working one year ago, including babywalz, the Gucci Group, 
s.Oliver, and Versatel. Incoming orders in the fourth quarter of 
2009/2010 surpassed those of the previous year by 37 per cent.
SinnerSchrader has therefore probably reached its targets for the 
2009/2010 financial year. Net revenues will amount to around 
EUR 23.9 million, which means that growth in revenues will exceed 
previous year´s rate. The operating result (EBITA) will surpass the 
EUR 2 million mark, which is an improvement of more than 
EUR 0.6 million compared to the year before.
The new business fields of ad serving and e-commerce outsourcing in 
which SinnerSchrader invested last year have already contributed 
around EUR 1.5 million to the net revenues of the financial year. As 
expected, additional operative start-up losses amounting to over 
EUR 1 million were incurred, without which the EBITA would have been 
more than EUR 3 million.
Consolidated income will amount to around EUR 1.1 million, resulting 
in earnings per share of about EUR 0.10. Based on this, the 
Management Board and the Supervisory Board will again propose a 
dividend of EUR 0.08 per share to the Annual General Meeting on 
16 December 2010. This would once again be paid from the 
tax-recognised contribution account and would thus be tax-free for 
private individuals with minor holdings.
As of the balance sheet date on 31 August 2010, the liquidity reserve
amounted to EUR 8.3 million and was thus EUR 0.3 million higher than 
a year ago. The SinnerSchrader Group had 305 employees on the 
reporting date.
The final audited Consolidated Financial Statements for 2009/2010 and
a forecast for the 2010/2011 financial year will be published on 
9 November 2010. This is also the date of SinnerSchrader´s annual 
balance sheet press conference in Hamburg.
About SinnerSchrader
SinnerSchrader is one of the leading digital agencies in Germany. 
SinnerSchrader develops interactive strategies, platforms, and 
applications which create radical relationships between consumers and
brands. The SinnerSchrader Group has over 300 employees in Hamburg 
and Frankfurt am Main who work for customers such as 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

Plus de actualités: SinnerSchrader AG
Plus de actualités: SinnerSchrader AG