SinnerSchrader AG

euro adhoc: SinnerSchrader AG
Financial Figures/Balance Sheet
SinnerSchrader announces preliminary figures for the 2004/2005 financial year: forecasts exceeded/return to profits after 4 years

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Hamburg, 11 October 2005

In the 4th quarter of the 2004/2005 financial year (ended 31 August 2005), SinnerSchrader further increased turnover and profits. This means that the original forecast for the entire year has been clearly exceeded.

On the basis of the preliminary figures, the net income for the financial year just completed amounts to some EUR 0.5 million. This represents an improvement by more than EUR 1 million in comparison to the previous year (2004: EUR -0.6 million). The earnings before interest, tax and amortisation (EBITA) improved by just under EUR 1.6 million, from EUR -1.4 million to between EUR 0.15 million and EUR 0.2 million. The improvement in profits was due to marked business growth in all three segments: Group turnover rose by 16 per cent to around EUR 14.3 million (2004: EUR 12.3 million).

For the year as a whole, the company had predicted growth of between 5 and 10 per cent with a balanced result.

A major factor in achieving these good results was the fact that turnover and profits continued to grow in the 4th quarter compared to the 3rd quarter. SinnerSchrader achieved a turnover of around EUR 3.8 million in the 4th quarter. The EBITA was around EUR 0.1 million.

On the balance sheet date of 31 August 2005, the liquid funds stood at EUR 10.6 million. On 8 November 2004, the company had returned EUR 20.8 million in a special distribution to its shareholders from its liquid funds of then EUR 27.0 million. Since that time, the liquid funds have risen by around two thirds.

The final, audited Annual Report will be published on 28 November 2005. On this day, SinnerSchrader will invite the press to its annual press conference in Hamburg and its analysts’ conference in Frankfurt.

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ots Originaltext: SinnerSchrader Aktiengesellschaft
Im Internet recherchierbar:

Further inquiry note:
Stephani Willms
Investor Relations
T +49.40.39 88 55-150, F +49.40.39 88 55-100

Branche: Software
ISIN:      DE0005141907
WKN:        514190
Index:    CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Berliner Wertpapierbörse / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade
              Bremer Wertpapierbörse (BWB) / free trade

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

Weitere Meldungen: SinnerSchrader AG

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