Hamburg (ots) - Marcus Heumann (49), bisher Vertriebsleiter der dpa-Tochter, verantwortet zum 1. Januar 2019 die ...
SinnerSchrader: Third quarter confirms earnings expectation for 2005/2006 - Revenue Growth Slower than Planned
Hamburg, Germany (ots) - In the first nine months of the 2005/2006 financial year, SinnerSchrader earned revenue of EUR 11.7 million, i.e. 11 per cent more than in the comparable period of the previous year. The EBITA rose from EUR 67,000 in the previous year to EUR 380,000. In the third quarter revenue grew from EUR 3.6 million to EUR 3.9 million, which makes for a 7 per cent increase in comparison to the previous year. The EBITA rose from EUR 21,000 in the previous year to EUR 102,000.
Incoming orders in the third quarter were just under 14 per cent above the level of the previous year. The positive business development based on a pleasing development of demand on the market for interactive services remains uninterrupted. Success in business with new customers contributed to this as well as the positive development in business with existing customers. In the first nine months SinnerSchrader started cooperation with fifteen new customers, including a major bank and two well-known companies from the fields of mail order, wholesale and retail.
Based on the results for the first nine months SinnerSchrader confirms its expectation of concluding the year as a whole at the upper limit of its plans for operating earnings which envisaged an EBITA of between EUR 0.3 million and EUR 0.5 million. With respect to revenue growth, however, SinnerSchrader will probably end 2005/2006 slightly below its planned growth range of between 10 per cent and 15 per cent. This is primarily a result of reduced expectations for the growth in media services revenue. The current high utilisation rate for online advertising space has reduced the growth opportunities for CPO-based residual space marketing, in which SinnerSchrader specialises, to an extent not foreseen in the planning.
As of 31 May 2006 the liquidity reserve was EUR 10.5 million. The shareholders' equity was EUR 10.7 million, corresponding to an equity ratio of 75 per cent.
9 months 9 months 3rd quarter 3rd quarter
2005/2006 2004/2005 2005/2006 2004/2005
(EUR 000s) 11,662 10,500 3,912 3,653
(EUR 000s) 3,406 3,446 1,041 1,199
(EUR 000s) 821 469 251 156
(EUR 000s) 380 67 102 21
(EUR 000s) 400 233 160 29
Net income per share
(EUR) 0.04 0.02 0.01 0.00
31.05.2006 31.08.2005 31.05.2006 28.02.2006
Liquid funds and
securities (EUR 000s) 10,521 10,570 10,521 9,805
(final level) 133 130 133 132
Contact: SinnerSchrader Aktiengesellschaft Martin Recke Corporate Communications T +49. 40. 39 88 55-181, F +49. 40. 39 88 55-100 E-Mail: email@example.comOriginal-Content von: SinnerSchrader AG, übermittelt durch news aktuell