DGAP-News

SINNERSCHRADER CLOSES 2015/2016 FINANCIAL YEAR WITH RECORD FIGURES / PROVISIONAL FINANCIAL STATEMENTS INDICATE NET INCOME OF MORE THAN 3 MILLION EUROS / FINANCIAL DIRECTOR THOMAS DYCKHOFF APPOINTED FOR A FURTHER FIVE YEARS

DGAP-News: SinnerSchrader AG / Key word(s): Final Results/Quarter Results
SINNERSCHRADER CLOSES 2015/2016 FINANCIAL YEAR WITH RECORD FIGURES /
PROVISIONAL FINANCIAL STATEMENTS INDICATE NET INCOME OF MORE THAN 3 MILLION
EUROS / FINANCIAL DIRECTOR THOMAS DYCKHOFF APPOINTED FOR A FURTHER FIVE
YEARS

18.10.2016 / 08:15
The issuer is solely responsible for the content of this announcement.

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On the basis of provisional, unaudited figures from the Consolidated Annual
Financial Statements, in the fourth quarter of the financial year 2015/2016
SinnerSchrader achieved revenue of around 12.9 million euros and an
operating result (EBITA) of at least 1.8 million euros. The revenue was
slightly below the values of the previous quarter and the same quarter of
the previous year at 13.4 million euros each, whereas the EBITA improved
over the previous quarter by 0.4 million euros and over the same quarter of
the previous year by 0.6 million euros.

Consequently, SinnerSchrader is ending the 2015/2016 financial year as a
whole with record figures. On the basis of the as-yet unaudited status of
the financial statements, the revenue will be more than 51 million euros,
and the EBITA more than 4.5 million euros. This results in net income of
more than 3.0 million euros in the year of the report, or 0.26 euros per
share. SinnerSchrader is thus slightly exceeding the most recent forecast
from July 2016.

In comparison to the previous year's figures, with revenue of 47.7 million
euros, an EBITA of 2.1 million euros and net income of 1.5 million euros,
SinnerSchrader is jumping well ahead, especially in terms of profit. This
was noticeably helped by the decision taken at the end of June 2015 to
withdraw from NEXT AUDIENCE business, which continued to make losses.

A strong operating cash flow in the order of 3.5 million euros also
reflects the good business development in the year of the report. The
outflows of funds for investments, the dividend payment and the share buy-
back programme endowed with more than 1.2 million euros were compensated
for and the amount of liquid funds was increased by a good 0.5 million
euros to more than 6.0 million euros.

The good development of the key figures is supplemented by the acquisition
of several significant new clients. They were not yet very important in the
2015/2016 financial year, but they form the foundation for the further
expansion of business in the current financial year. For example,