All Stories
Follow
Subscribe to SinnerSchrader AG

SinnerSchrader AG

SinnerSchrader: 2006/2007 financial year starts with a successful first quarter / 22 per cent revenue growth, 7 per cent operating margin

Hamburg (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
Corporate News
11 January 2007
SinnerSchrader started the 2006/2007 financial year with a good first
quarter. From 1 September 2006 to 30 November 2006, SinnerSchrader
achieved revenues of E 4.8 million, thus surpassing the revenues of
the first quarter of the previous year by 22 per cent. The dynamic
growth was accompanied by a further reduction of the fixed cost basis
thanks to the move to new offices as of 31 July 2006. This enabled
SinnerSchrader to double its operating result (EBITA) compared to the
previous year to E 336,000. The operating margin rose by 2.8
percentage points to reach 7 per cent. In the first quarter of
2006/2007, the consolidated income amounted to E 241,000, or E 0.02
per share, compared to E 124,000, or E 0.01 per share, one year
earlier.
Over 20 per cent of the revenues in the first quarter came from
companies which were not yet SinnerSchrader customers a year ago.
These included Arena and OTTO, as well as Ecco, which became a
customer in the first quarter. This shows the new momentum of the
market for Internet services and reveals the good position that
SinnerSchrader occupies in this market.
"The Internet finally achieved its breakthrough in 2006," said CEO
Matthias Schrader. "Budgets are being shifted massively in the
direction of interactive marketing. This trend towards the Web will
benefit our industry as a whole, and not least SinnerSchrader."
SinnerSchrader is banking on innovative projects. For OTTO,
SinnerSchrader is currently working with Microsoft to develop an
online shop based on the new Windows Vista operating system. The new
shop will be presented as a reference project when Vista is launched
on the market at the end of January.
As of 30 November 2006, SinnerSchrader had a liquidity reserve of E
10.4 million, which is a good E 0.4 million higher than on 31 August
2006. The equity ratio was 76 per cent.
|                                    |1st quarter |4th quarter |1st quarter |
|                                    |2006/2007   |2005/2006   |2005/2006   |
|Revenues (E 000s)                   |4,778       |4,156       |3,925       |
|Gross profit (E 000s)               |1,346       |1,203       |1,255       |
|EBITDA (E 000s)                     |435         |329         |303         |
|EBITA (E 000s)                      |336         |218         |166         |
|Net income (E 000s)                 |241         |790         |124         |
|Net income per share (E)            |0.02        |0.07        |0.01        |
|                                    |            |            |            |
|                                    |30.11.2006  |31.08.2006  |30.11.2005  |
|Liquid funds and securities (E 000s)|10,418      |10,005      |10,249      |
|Employees (end of period)           |155         |143         |130         |
About SinnerSchrader SinnerSchrader has been a pioneer of innovative
e-business since 1996. It is currently one of Germany's biggest
e-business service providers. The company has 155 employees at its
offices in Hamburg and Frankfurt, and has been listed since 1999.
Contact:
SinnerSchrader Aktiengesellschaft
Kirsten Schütt
Investor Relations
T +49. 40. 39 88 55-150, F +49. 40. 39 88 55-100
E-mail:  ir@sinnerschrader.de
Martin Recke
Unternehmenskommunikation
T +49. 40. 39 88 55-181, F +49. 40. 39 88 55-100
E-mail:  presse@sinnerschrader.de
www.sinnerschrader.de
end of announcement                               euro adhoc 11.01.2007 08:10:35

Further inquiry note:

Kirsten Schütt
Vorstandsassistenz und IR
Telefon: +49 (40) 398855-150
E-Mail: k.schuett@sinnerschrader.de

Branche: Software
ISIN: DE0005141907
WKN: 514190
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade

Original content of: SinnerSchrader AG, transmitted by news aktuell

More stories: SinnerSchrader AG
More stories: SinnerSchrader AG