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    DGAP-Adhoc  1037  0 Kommentare SINNERSCHRADER: FOCUS ON AGENCY BUSINESS / RESTRUCTURING OF NEXT AUDIENCE / ACQUISITION OF ANOTHER MOBILE SPECIALIST


    SinnerSchrader AG / Key word(s): Restructure of Company/Acquisition

    29.06.2015 00:10

    Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
    by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

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    After having reviewed the business of the last three months, the Management
    and Supervisory Boards have decided to restructure the NEXT AUDIENCE
    business and its cost structure geared towards an independent development
    of the business, in particular, by reducing personnel capacity. For the
    remaining reduced business, SinnerSchrader AG will investigate options
    including a sale or a formation of a joint venture with a partner.

    Sales of the NEXT AUDIENCE platform fell well short of expectations. In
    addition, due to a merger integration process, a substantial client is
    obliged to switch to a different solution by the end of September 2015.

    The NEXT AUDIENCE platform is an integrated technology solution for
    Programmatic Media in accordance to German data protection regulations,
    consisting of an ad server and a Data Management (DMP) component. Core of
    the platform is a proprietary in-memory database technology that uses all
    digital user interactions including CRM data for real-time optimisation of
    personalised display advertising. Since its completion in August 2014, the
    technology has proven itself with various advertisers. The intelligent use
    of website and CRM data by the NEXT AUDIENCE platform, helped to improve
    the efficiency of select online campaigns by more than 50 per cent.

    At the same time the Supervisory Board approved the acquisition of Swipe
    GmbH, Hamburg, which will be completed in the coming days. As a specialist
    in mobile content, Swipe GmbH - founded by Jürgen Alker and Sven Schmiede -
    strengthens the mobile services offering of SinnerSchrader. The acquisition
    reflects the growing importance of mobile marketing solutions in the
    context of digital transformation.

    Swipe GmbH generated revenues of EUR 1.45 million in 2014 with an operating
    profit of almost EUR 0.19 million. The compensation consists of cash and
    SinnerSchrader treasury stock under lock-up in the equivalent just under
    EUR 1 million in total.

    Revenue and earnings of the SinnerSchrader Group for fiscal 2014/2015 are
    expected to move in line with guidance from April 2015 - subject to one-off
    charges resulting from possible adjustments at NEXT AUDIENCE. Detailed
    information about the business performance in the third quarter of
    2014/2015, which ended on 31 May 2015, and the outlook for the entire
    fiscal year will be announced in the quarterly reporting on 15 July 2015.


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    Information and Explaination of the Issuer to this News:

    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
    T. +49. 40. 39 88 55-0
    F. +49. 40. 39 88 55-55

    29.06.2015 The DGAP 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: Regulated Market in Frankfurt (Prime Standard); Regulated
    Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
    Stuttgart

    End of Announcement DGAP News-Service

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    DGAP-Adhoc SINNERSCHRADER: FOCUS ON AGENCY BUSINESS / RESTRUCTURING OF NEXT AUDIENCE / ACQUISITION OF ANOTHER MOBILE SPECIALIST SinnerSchrader AG / Key word(s): Restructure of Company/Acquisition 29.06.2015 00:10 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content …