SinnerSchrader remains on course of growth
Revenue and earnings increase by
over 30 per cent in first quarter of 2008/2009
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stock market/Annual General Meeting
Hamburg (euro adhoc) - According to its preliminary figures, SinnerSchrader increased its revenue and earnings by over 30 per cent in the first quarter of 2008/2009 (1 September to 30 November 2008) compared to the same period last year. The figures to be presented at today's Annual General Meeting reveal revenue of over EUR 7 million (gross) and around EUR 5.5 million (net) as well as an EBITA of over EUR 0.45 million. SinnerSchrader is therefore off to a good start in the 2008/2009 financial year.
SinnerSchrader achieved around half of its business growth organically, particularly through business with its major existing customers. The other half of this growth was contributed by the wholly-owned subsidiary spot-media AG, which did not yet belong to SinnerSchrader in the first quarter of the previous year.
Yesterday, spot-media AG took over the project business of Con Structores, an interactive agency in Hamburg. At the start of December, SinnerSchrader strengthened its Performance Marketing division by taking over the advertising sales business of the ad management specialist newtention technologies. Both steps confirm SinnerSchrader's conviction that, even in difficult times, interactive business will continue to develop positively and the company will grow further, though the growth rates of the first quarter cannot be applied to the year as a whole in light of the current economic difficulties.
At today's Annual General Meeting, the Management Board and Supervisory Board propose a dividend payment of EUR 0.12 per share from the accumulated income as of 31 August 2008. This sum will once again be serviced from the tax deposit account and would therefore be tax-free for those with minor holdings.
About SinnerSchrader SinnerSchrader is a leading interactive agency in Germany. SinnerSchrader develops interactive customer experiences which radically intensify the relationship between brands and consumers. SinnerSchrader was founded in 1996, has been listed on the stock exchange since 1999, and has over 200 employees in Hamburg and Frankfurt am Main.
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
E-mail: ir@sinnerschrader.de
F. +49. 40. 39 88 55-100
Branche: Software
ISIN: DE0005141907
WKN: 514190
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade
Original content of: SinnerSchrader AG, transmitted by news aktuell