PRESSEPORTAL Presseportal Logo
All Stories
Follow
Subscribe to SinnerSchrader AG

12.11.2007 – 08:34

SinnerSchrader AG

SinnerSchrader announces dividend for 2006/2007 and plans for 15 percent growth in revenues and an increase in EBITA of over 70 percent in 2007/2008

Hamburg (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
balance
In the 2006/2007 financial year (1 September
2006 to 31 August 2007), SinnerSchrader increased its revenues by 
17.5 percent to reach EUR 18.6 million. The operating result (EBITA) 
rose by nearly 74 percent to EUR 1.04 million. In the fourth quarter 
of the financial year, SinnerSchrader achieved growth rates in its 
revenues and EBITA of 20 percent and 117 percent respectively 
compared to the previous year underpinning the positive growth trend.
The audited Consolidated Financial Statements, which have been 
approved by the Supervisory Board and will be presented today, 
confirm the preliminary figures from 11 October 2007. The 
consolidated income amounted to EUR 1.0 million, or EUR 0.09 per 
share, which was only just below the previous year's figure despite 
the lack of significant positive special tax effects. The liquid 
funds rose to EUR 10.45 million as of 31 August 2007, while the 
equity ratio once again clearly surpassed the 70 percent mark, 
reaching 74.8 percent.
In the 2006/2007 financial year, SinnerSchrader was once again able 
to establish long-term relationships with new customers based on 
innovative initial projects. For example, SinnerSchrader began work 
for Sixt, ECCO, and Swarovski, among others. As its first project for
the car rental company Sixt, SinnerSchrader designed and developed 
the carmondo.de community platform.
This success depends largely on the interplay of the various 
SinnerSchrader services, most prominently creation and technology. In
order to strengthen this interplay, SinnerSchrader put in place a new
organisational structure in 2006/2007. Now, SinnerSchrader sees 
itself perfectly equipped to take advantage of the opportunities 
currently available to interactive agencies.
SinnerSchrader's goal for the 2007/2008 financial year is to increase
its revenues by 15 percent to reach over E 21 million and to achieve 
an EBITA of EUR 1.8 to E 1.9 million. An EBITA margin between 8.5 and
9 percent should bring SinnerSchrader significantly closer to its 
medium-term goal of a margin of 10 to 12 percent.
In light of the successful development of SinnerSchrader in the past 
two years and the promise of dynamic growth in the coming years, the 
Management Board and Supervisory Board will propose a dividend of EUR
0.12 per share from the balance sheet income as of 31 August 2007 at 
the Annual General Meeting on 19 December 2007.
|                                  |          |          |4th      |4th      |
                               |FY        |FY        |quarter  |quarter
|                                  |2006/2007 |2005/2006 |2006/2007|2005/2006|
|                                  |          |          |         |         |
|Revenues (EUR 000s)               |18,588    |15,819    |4,984    |4,156    |
|Gross income (EUR 000s)           |5,056     |4,609     |1,438    |1,203    |
|EBITDA (EUR 000s)                 |1,455     |1,152     |581      |329      |
|EBITA (EUR 000s)                  |1,043     |600       |472      |218      |
|Net income (EUR 000s)             |1,018     |1,192     |388      |790      |
|Net income per share (EUR)        |0.09      |0.10      |0.03     |0.07     |
|                                  |          |          |         |         |
|                                  |31.08.07  |31.08.06  |31.08.07 |31.08.06 |
|                                  |          |          |         |         |
|Cash & cash equivalents (EUR 000s)|10,450    |10,005    |10,450   |10,005   |
|Employees (end of period)         |152       |143       |152      |143      |
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 150 employees in
Hamburg and Frankfurt am Main.
Contact:
SinnerSchrader Aktiengesellschaft
Kirsten Schütt, Investor Relations
T. +49. 40. 39 88 55-150
Martin Recke, Corporate Communications
T. +49. 40. 39 88 55-181
E-mail: ir@sinnerschrader.de
F.: +49. 40. 39 88 55-100
end of announcement                               euro adhoc 12.11.2007 08:33:26

Further inquiry note:

Kirsten Schütt
Investor Relations
Telefon: +49 (40) 398855-150
E-Mail: k.schuett@sinnerschrader.de

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

Original content of: SinnerSchrader AG, transmitted by news aktuell