14.04.2016
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DGAP-News: SINNERSCHRADER ACHIEVES CORE GROWTH OF ALMOST 21 % IN THE SECOND QUARTER / DEVELOPMENT OF BUSINESS ACCORDING TO PLAN / REVENUE OF MORE THAN 50 MILLION EUROS AND AN EBITA OF 5 MILLION EUROS CONFIRMED FOR 2015/2016
DGAP-News: SinnerSchrader AG / Key word(s): Half Year Results
SINNERSCHRADER ACHIEVES CORE GROWTH OF ALMOST 21 % IN THE SECOND QUARTER /
DEVELOPMENT OF BUSINESS ACCORDING TO PLAN / REVENUE OF MORE THAN 50 MILLION
EUROS AND AN EBITA OF 5 MILLION EUROS CONFIRMED FOR 2015/2016
14.04.2016 / 08:18
The issuer is solely responsible for the content of this announcement.
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SinnerSchrader continued its positive business development in the second
quarter of 2015/2016 (1 December 2015 to 29 February 2016). Thanks to the
positive level of incoming orders in the previous quarter, SinnerSchrader
achieved quarterly revenue of 12.0 million euros. Without taking account of
the NEXT AUDIENCE business from which SinnerSchrader has withdrawn, this
was 20.9 per cent more than in the comparable quarter of the previous year.
Including the decline in revenue from the decision to withdraw, the growth
in revenue amounted to 13.3 per cent in the quarter of the report.
The operating result (EBITA) of 0.5 million euros for the second quarter of
the current financial year also clearly exceeded the figure for the
previous year with a growth of 0.7 million euros.
SinnerSchrader achieved sales revenue in the amount of 24.8 million euros
in the first half of the financial year. Unadjusted growth exceeded that of
the same period of the previous year by 7.9 per cent, and when adjusted by
the withdrawal from NEXT AUDIENCE business, it amounted to 13.9 per cent.
SinnerSchrader generated an operating result of 1.35 million euros in the
half year of the report - an increase of 1.26 million euros in comparison
to the same period of the previous year. The net income was 0.95 million
euros, or 0.08 euros per share. In the second half year of 2014/2015, net
income had fallen just short of zero.
The development of business in the first six months of 2015/2016 was
strongly characterised by dynamic business with new clients. The new-client
rate was almost 19.7 per cent. SinnerSchrader was able to gain renowned
companies, including companies from the automotive industry, logistics,
retailing and insurance. The upswing in business continued throughout all
three segments, and they also all made positive contributions to the
Group's operating result.
In spite of the economic uncertainty that emerged in the first few months
of 2016, no waning of the great interest in the services rendered by the
SinnerSchrader Group had been noticeable by the end of the period of the
report. SinnerSchrader is currently involved in significant tender
processes.
Against this background, SinnerSchrader is confirming its business forecast
for the current financial year of 2015/2016: revenue of more than 50
million euros, an EBITA in the range of 5 million euros and net income of
around 3 million euros, or 0.26 euros per share.
With an inflow of funds of around 1.1 million euros, the operating cash
flow underlines the positive development in the first half year of
2015/2016 in comparison to the previous year, in which there was an outflow
of funds in the amount of 1.3 million euros in the operating area. The
amount of liquid funds was nevertheless reduced by around 1.15 million
euros, to 4.4 million euros against the amount as at 31 August 2015. The
dividend payment in the amount of just under 1.4 million euros and the
funds in the amount of 0.8 million euros for the share buy-back programme,
which both occurred in the first six months of the current financial year,
caused this reduction.
The shareholders' equity rate reached 56.3 per cent as at 29 February 2016,
an increase of 2.4 percentage points over the status on 31 August 2015.
SinnerSchrader had 487 employees as at 29 February 2016.
The full report of the SinnerSchrader Group for the second quarter and the
first half of the 2015/2016 financial year can be found at
http://www.sinnerschrader.ag/en/reports as of 2 p.m. CET today.
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, development and
operation of digital platforms, mobile apps, service design, campaigns,
media, analytics and audience management. SinnerSchrader stands for
technological excellence. Around 500 employees - almost 200 of whom are
developers - realise marketing solutions for brands such as Allianz,
Beck's, comdirect bank, Hapag-Lloyd, Telefónica, TUI, Unilever and
Unitymedia. 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
PRESS CONTACT
Ina Feistritzer
Corporate Communications
[email protected]
INVESTOR RELATIONS CONTACT
Thomas Dyckhoff
CFO
[email protected]
SinnerSchrader Group
Völckersstraße 38
22765 Hamburg
T. +49. 40. 39 88 55-0
F. +49. 40. 39 88 55-55
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14.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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 News DGAP News Service
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