EANS-News: SinnerSchrader AG
Start in the 2012/2013 financial year according
to plan
Revenue of 9.2 million euros only slightly below previous year /
Incoming orders in the Interactive Marketing segment increase by 30 per cent
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 3-month report Hamburg, 17 January 2013 (euro adhoc) - SinnerSchrader started the new 2012/2013 financial year according to plan. In the first quarter of the current financial year (1 September to 30 November 2012), the company achieved net revenue in the amount of 9.2 million euros and EBITA in the amount of 0.6 million euros before start-up losses for the establishment of NEXT AUDIENCE. Figures for revenue fell short of the figures for the previous year by 0.1 million euros and EBITA (before start-up losses for NEXT AUDIENCE) was slightly more than 0.2 million euros below the figures for the previous year, mainly because of previous year's decline in revenue and profits in the spot-media Group, which can only be gradually regained. As already announced, spot-media AG has now merged with next commerce GmbH. The new unit, which focuses on e-commerce and has locations in Hamburg, Berlin and Hanover, does business under the name of Commerce Plus GmbH following entry of the merger in the Commercial Register on 18 December 2012. In the first quarter of 2012/2013, start-up losses of just under 0.4 million euros were made for the development of NEXT AUDIENCE, with the effect that EBITA for the Group totalled 0.2 million euros, which is 0.4 million euros below the comparable value of the previous year. At 0.3 million euros below the figure for the previous year, net income in the quarter of the report was just below the zero level. Incoming orders were very pleasing in the Interactive Marketing segment, which is now made up of the SinnerSchrader agency and SinnerSchrader Mobile due to the merger of the spot-media Group and next commerce GmbH. Incoming orders increased by more than 30 per cent over those of the previous year. New contracts with existing customers played a significant role. Thus, Karstadt has awarded SinnerSchrader the contract for the implementation of a new e-commerce platform in November 2012. Business was considerably increased with the Czech car manufacturer KODA after its decision in favour of SinnerSchrader as the global digital lead agency. In the quarter of the report, SinnerSchrader Mobile reported new orders from existing customers with the Group, such as Unitymedia, Ernsting's Family and mobilcom-debitel, for which a mobile service app, "mein md", has already been implemented. SinnerSchrader is therefore confident that the defined annual targets can be reached. As in the previous year, a substantial increase in funds tied up in working capital due to a reluctance of major customers to pay as part of their year-end planning as at 30 November 2012 resulted in a negative operating cash flow of 1.65 million euros. Liquid funds thus amounted to only 3 million euros on the reporting date, after 5.2 million euros as at 31 August 2012. The shareholders' equity rate was 57.8 per cent on the balance sheet date, i.e. 0.9 percentage points above the rate on 31 August 2012. At the end of the quarter of the report, there were 432 employees in the SinnerSchrader Group, i.e. 12 more than on 31 August 2012. The complete quarterly report of the SinnerSchrader Group will be available from 3 p.m. today at http://www.sinnerschrader.ag/en/reports. ABOUT SINNERSCHRADER SinnerSchrader is one of Europe's leading digital agencies. It develops interactive strategies, platforms and applications that create far-reaching relationships between the consumer and brand. More than 400 people work for the SinnerSchrader Group in Hamburg, Frankfurt, Munich, Berlin, Prague and Hanover for customers including Allianz, KODA, TUI, Tchibo, simyo, REWE, comdirect bank, PPR Group, and Holy Fashion Group. SinnerSchrader was founded in 1996 and went public in 1999. CONTACT FOR PRESS AND PUBLIC RELATIONS Benjamin Nickel Head of Corporate Communications? presse@sinnerschrader.com CONTACT FOR SHAREHOLDER INFORMATION Thomas Dyckhoff? CFO? ir@sinnerschrader.com SinnerSchrader Aktiengesellschaft? Völckersstraße 38 22765 Hamburg Germany T. +49. 40. 39 88 55-0 F. +49. 40. 39 88 55-55 Further inquiry note: Thomas Dyckhoff CFO Telefon: +49(0)40 398855-113 E-Mail: t.dyckhoff@sinnerschrader.de end of announcement euro adhoc -------------------------------------------------------------------------------- company: SinnerSchrader AG Völckersstraße 38 D-22765 Hamburg phone: +49(0)40-398855-0 FAX: +49(0)40-398855-55 mail: info@sinnerschrader.de WWW: http://www.sinner-schrader.de sector: Software ISIN: DE0005141907 indexes: CDAX, Prime All Share, Technology All Share stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt language: English
Original content of: SinnerSchrader AG, transmitted by news aktuell