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DGAP-News: SINNERSCHRADER CLOSES THE 2012/2013 FINANCIAL YEAR WITH A GOOD QUARTER / REVENUE AND PROFITS CLEARLY EXCEED FIGURES



DGAP-News: SINNERSCHRADER CLOSES THE 2012/2013 FINANCIAL YEAR WITH A GOOD 
QUARTER / REVENUE AND PROFITS CLEARLY EXCEED FIGURES FOR THE PREVIOUS QUARTER

DGAP-News: SinnerSchrader AG / Key word(s): Quarter Results/Final
Results
SINNERSCHRADER CLOSES THE 2012/2013 FINANCIAL YEAR WITH A GOOD QUARTER
/ REVENUE AND PROFITS CLEARLY EXCEED FIGURES FOR THE PREVIOUS QUARTER

15.10.2013 / 07:31

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The noticeable upturn in business conducted by the SinnerSchrader Group
continued in the fourth quarter of 2012/2013 (1 June 2013 to 31 August
2013). On the basis of provisional unaudited figures from the Consolidated
Financial Statements for 2012/2013, SinnerSchrader achieved a new record
revenue, with net revenue at around 9.8 million euros. The figure for the
third quarter is likely to be exceeded by more than 8 per cent, and that of
the previous year by more than 6 per cent.

SinnerSchrader expects the operating result (EBITA) for the fourth quarter
of 2012/2013 to amount to around 0.6 million euros. After a difficult
period during the course of the financial year, SinnerSchrader is thus
matching the results for the previous year and has reached the figure for
the fourth quarter of 2011/2012. This was achieved even though
SinnerSchrader continued to invest just as strongly in the establishment of
audience management business, which is enjoying growing interest among
prestigious companies with considerable advertising budgets. Without the
losses still incurred for these investments, the EBITA for the quarter
would have been at just under 1 million euros, around 10 per cent higher
than the comparable value of the previous year.

After extremely cautious demand in the first financial half year, since
April this year SinnerSchrader has reported a considerable increase in the
investing activities of existing customers and significantly more project
enquiries from new customers. For example, the SinnerSchrader Agency was
able to win more assignments from its long-standing existing customer
Unitymedia KabelBW. The agency has since taken care of the entire digital
interface connecting the cable network operator to its customers, and has
commenced work on a concept for a digital platform strategy. The
SinnerSchrader subsidiary Commerce Plus GmbH has established a new hardware
shop, which it has also been operating since it was launched in May 2013,
for the mobile communications brand simyo, a customer of the SinnerSchrader
Agency since 2004. More than ten new customers were acquired throughout the
Group, including the leading premium department store chain in Switzerland,
Magazine zum Globus AG. The company has commissioned the SinnerSchrader
Agency with the concept, the design and the implementation of its
multichannel strategy.

The business dynamics, which has also continued since September, was
reflected in a pleasingly positive operating cash flow of 2.8 million euros
in the fourth quarter of 2012/2013, not least due to a considerable volume
of advance payments received for the reporting date. The liquidity reserve
was 5.9 million euros on the balance sheet date of 31 August 2013, an
increase of 0.75 million euros over the figure for the previous year.

On the basis of the provisional figures, SinnerSchrader assumes that net
revenue for the Group will amount to around 36.4 million euros for the
2012/2013 financial year. The EBITA is expected to be in the range of 0.65
million to 0.7 million euros. This figure would amount to approximately 2.1
million euros without the start-up losses for the establishment of audience
management business. It thus fell short of the net revenue of 37.0 million
euros last forecast for the financial year, but the most recent profit
predictions - EBITA at more than 0.5 million euros after advance payments
and more than 2.0 million euros before the advance payments in the audience
management business - will probably be achieved. Net income will be
approximately balanced.

The final, audited Consolidated Financial Statements for 2012/2013 will be
published on 8 November 2013, together with a forecast for the new
financial year of 2013/2014.


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 and development of web
platforms, mobile apps, service design, campaigns, media, analytics and
audience management. SinnerSchrader stands for technological excellence.
450 employees - around 200 of whom are developers - realise marketing
solutions for brands such as Allianz, comdirect bank, Holy Fashion Group,
REWE, simyo, ŠKODA, Tchibo and TUI. SinnerSchrader was founded in 1996,
went public in 1999 and has offices in Hamburg, Berlin, Frankfurt am Main,
Munich, Prague and Hanover.

CONTACT FOR PRESS AND PUBLIC RELATIONS

Benjamin Nickel
Head of Corporate Communications
presse@sinnerschrader.com

CONTACT FOR INVESTOR RELATIONS

Thomas Dyckhoff
CFO
ir@sinnerschrader.com

SinnerSchrader Aktiengesellschaft
Völckersstraße 38 
22765 Hamburg
T. +49. 40. 39 88 55-0 
F. +49. 40. 39 88 55-55


End of Corporate News

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15.10.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's 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:      ir@sinnerschrader.com                                 
Internet:    www.sinnerschrader.com                                
ISIN:        DE0005141907                                          
WKN:         514190                                                
Listed:      Regulierter Markt in Frankfurt (Prime Standard);      
             Freiverkehr in Berlin, Düsseldorf, Hamburg, München,  
             Stuttgart                                             
 
 
End of News    DGAP News-Service  
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234614 15.10.2013                                                      
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