All Stories
Follow
Subscribe to SinnerSchrader AG

SinnerSchrader AG

ots Ad hoc-Service: SinnerSchrader AG <DE0005141907> SinnerSchrader veröffentlicht Zahlen zum dritten Quartal und stellt Nachhaltigkeit seiner Profitabilität unter Beweis

Hamburg (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
SinnerSchrader publishes third quarterly report and
proves its profitability is sustainable - profit
prognosis increased for the second time this year
Hamburg July 25, 2000. SinnerSchrader Aktiengesellschaft has
achieved turnover of DM 19.4 million in the first nine months of
the fiscal year 1999/2000. This represents a turnover increase of
253% on the comparable period of the previous year. The company's
operating profit was DM 5.3 million, some 27% of turnover.
With a successful third quarter, the Hamburg-based consultancy
and service provider of e-commerce solutions has proven that its
profitability is sustainable. As a result the end of year profit
expectations, which were already increased to DM 5.6 million in
the last quarterly report, have practically been achieved after
just nine months. SinnerSchrader is now assuming that year-end
profits (31.08.2000) of above DM 6.0 million will be attained.
The dynamic expansion of the company has continued. In the core
business, the conception, design and implementation of complex
e-commerce solutions, the third quarter turnover figure was
approximately 19% higher than that of the previous quarter.
The number of employees also rose by 38% from  101 at the end of
February to 140 at the end of May. Current there are 150 staff
members, and it is assumed that by the end of August that figure
will be above 160.
Know how and experience in the construction of complex e-commerce
solutions have been combined in SinnerSchrader's new "unified
commerce platform". With this platform, SinnerSchrader's goal of
offering its customers an application in which all digital sales
channels can be combined, is being reached. SinnerSchrader is
especially aiming this technology at firms of the so-called 'old
economy' for whom it will be possible to efficiently combine
offline sales channels with online ones. The joint venture with
Blume 2000 has already been fully based on the "unified commerce
plattform".
Now SinnerSchrader is using three platforms for its
eCommerce-projects: Unified Commerce, Intershop Enfinity and
Apple Web Objects. The success of the company is based in the
broadness of its technological competence. One of the new clients
of SinnerSchrader is the world's largest direct mail company Otto
Versand.
More informations and quarterly-report: www.sinnerschrader.com
SinnerSchrader Aktiengesellschaft
Investor Relations
Julia Kretschmann
Planckstrasse 13
22765 Hamburg
Tel.: 040-39 88 55-89
Fax.: 040-39 88 55-55
mailto:ir@sinnerschrader.com
http://www.sinnerschrader.com
End
Internet: http://recherche.newsaktuell.de

Original content of: SinnerSchrader AG, transmitted by news aktuell

More stories: SinnerSchrader AG
More stories: SinnerSchrader AG