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SinnerSchrader AG

EANS-News: SinnerSchrader starts 2010/2011 financial year with strong first quarter: Net revenues up more than 25 per cent over those of previous year, EBITA doubled

Hamburg (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Annual & Special Corporate Meetings/Dividend 
Announcements/Distribution
In the first quarter of 2010/2011 (1 September
2010 to 30 November 2010), SinnerSchrader considerably surpassed the 
record figures of the fourth quarter of 2009/2010. Based on the 
preliminary figures, the net revenues for the quarter amounted to 
over EUR 7.5 million, which is over 10 per cent more than the 
previous quarter and over 25 per cent higher than in the previous 
year.
The EBITA also reached a new record of around EUR 1.2 million, which 
is about double the amount of the previous year. All segments 
contributed to the doubling of earnings, with the Interactive Media 
segment developing particularly well.
SinnerSchrader has thus started the new financial year better than 
planned overall. The digital marketing sector continues to grow 
dynamically also thanks to the good economic climate in Germany. The 
growth targets for the 2010/2011 financial year - an increase of 15 
to 20 per cent in net revenues and at least proportional development 
of EBITA - can therefore be confirmed. The good operative development
will also be reflected in a significant rise in the consolidated 
revenues.
In light of the positive expectations for the current 2010/2011 
financial year, the Management Board and Supervisory Board proposed a
dividend of EUR 0.08 per share at the Annual General Meeting held 
today in Hamburg, to be paid from earnings generated in the 2009/2010
financial year. This dividend will once again be paid from the 
contribution account for tax purposes, and is thus tax-free for those
with minor holdings.
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, REWE, comdirect bank, the Gucci Group, OTTO, mobilcom-debitel,
and Steigenberger. 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

Benjamin Nickel, Corporate Communications
T. +49. 40. 39 88 55-542

E-Mail: ir@sinnerschrader.com
F. +49. 40. 39 88 55-100

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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