27.03.2015
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DGAP-Adhoc: SINNERSCHRADER: A WEAK COURSE OF BUSINESS IN THE SECOND QUARTER MAKES AN ADJUSTMENT OF THE GUIDANCE FOR FISCAL 2014/2015 NECESSARY
SinnerSchrader AG / Key word(s): Change in Forecast/Quarter Results
27.03.2015 08:17
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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In the second quarter 2014/2015 (December 2014 till February 2015) business
of the SinnerSchrader-Group developed below expectations especially in the
interactive marketing segment both with new and existing clients. After
having grown organically by some 34 per cent in the previous financial
year, the consolidation of business takes longer than expected. According
to preliminary figures for the second quarter 2014/2015, quarterly revenues
fell short of the level reached in the previous year's quarter and
operating earnings (EBITA) came out slightly negative.
Due to that development, SinnerSchrader will not be able to meet its
guidance for the entire year 2014/2015. Although a pick-up in business
could be felt with the beginning of the second half of the financial year,
based on current information revenues and operating earnings will come out
slightly below previous year's levels of 48.6 million Euro and 3.06 million
Euro, respectively.
SinnerSchrader will report on the second quarter as well as on the first
half year with a detailed forecast for the entire financial year 2014/2015
on 15 April 2015.
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Information and Explaination of the Issuer to this News:
ABOUT SINNERSCHRADER
SinnerSchrader is one of Europe's leading digital agencies. With a focus on
e-commerce, strategy and communication, SinnerSchrader offers the full
range of digital agency services: conception, design and development of web
platforms, mobile apps, service design, campaigns, media, analytics and
audience management. SinnerSchrader stands for technological excellence.
More than 500 employees - around 200 of whom are developers - realise
marketing solutions for brands such as Allianz, Beck's, comdirect bank,
Commerbank, Holy Fashion Group, REWE, simyo, Tchibo and TUI. SinnerSchrader
was founded in 1996, went public in 1999 and has offices in Hamburg,
Berlin, Frankfurt am Main, Munich, Prague and Hanover.
http://sinnerschrader.com
CONTACT FOR PRESS AND PUBLIC RELATIONS
Benjamin Nickel
Head of Corporate Communications
[email protected]
CONTACT FOR SHAREHOLDER INFORMATION
Thomas Dyckhoff
CFO
[email protected]
SinnerSchrader Aktiengesellschaft
Völckersstraße 38
22765 Hamburg
T. +49. 40. 39 88 55-0
F. +49. 40. 39 88 55-55
27.03.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: SinnerSchrader AG
Völckersstraße 38
22765 Hamburg
Germany
Phone: +49 (0)40 39 88 55-0
Fax: +49 (0)40 39 88 55-55
E-mail: [email protected]
Internet: www.sinnerschrader.com
ISIN: DE0005141907
WKN: 514190
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News-Service
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