SinnerSchrader AG

EANS-News: SinnerSchrader grows by 6 per cent in the first quarter of 2009/2010 / Incoming orders up 17 per cent over previous year in Interactive Marketing segment

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quarterly report/3-month report

Hamburg (euro adhoc) - SinnerSchrader has gotten off to a good start in the 2009/2010 financial year. In the first quarter (1 September to 30 November 2009), net revenues rose by 6.4 per cent compared to the previous year to reach EUR 5.9 million. The operating result (EBITA) also increased by 6.4 per cent to around EUR 0.6 million even though it was burdened by planned initial losses of around EUR 0.3 million in the new fields of business. The operating margin was 10.0 per cent, as it was in the same period of the previous year.

SinnerSchrader generated around 8 per cent of its net revenues in the first quarter with new customers, including REWE and Gebr. Heinemann, a company which operates duty-free shops. Incoming orders in the Interactive Marketing segment grew by a total of 17 per cent compared to the year before. SinnerSchrader is therefore confirming its goals for the 2009/2010 financial year of an increase in net revenues of over 14 per cent and a disproportionately large rise in the operating result (EBITA).

The consolidated income declined in the first quarter by 8 per cent to around EUR 0.4 million. This was due to higher depreciations as a result of the acquisition of the newtention Group as well as lower earnings from the investment of liquid funds. The earnings per share decreased by 0.2 cents compared to the same period of the previous year and amounted to 3 cents in the first quarter of 2009/2010.

The liquidity reserve rose by EUR 1.1 million thanks to strong operating cash flows to reach EUR 9.1 million as of the balance sheet date of 30 November 2009. The equity ratio was 60.1 per cent. On 30 November 2009, the SinnerSchrader Group had 280 employees.

The entire quarterly report can be downloaded from the Internet at from 1:00 p.m. today.

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, Scout24, 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, Corporate Communications
T. +49. 40. 39 88 55-181

F. +49. 40. 39 88 55-55

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

Original-Content von: SinnerSchrader AG, übermittelt durch news aktuell

Weitere Meldungen: SinnerSchrader AG

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