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SinnerSchrader AG (SZZG.F)

SZZG.F on Frankfurt Stock Exchange

13.52EUR
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Sinnerschrader Q3 operating result at 1.4 mln euros
Thursday, 13 Jul 2017 02:15am EDT 

July 13 (Reuters) - SINNERSCHRADER AG ::SINNERSCHRADER AG: THIRD QUARTER ON TARGET / REVENUE 13.3 PER CENT ABOVE PREVIOUS YEAR - EBITA AT PREVIOUS YEAR'S LEVEL / FORECAST FOR THE 2016/2017 FINANCIAL YEAR CONFIRMED.OPERATING RESULT (EBITA) IN Q3 OF 2016/2017 CAME OUT AT 1.4 MILLION EUROS, ALMOST CORRESPONDING TO LEVEL OF PREVIOUS YEAR.IN NINE-MONTH PERIOD, NET INCOME REACHED 2.4 MILLION EUROS.9-MONTH ‍SALES REVENUE 42.0 MILLION EUROS AND INCREASED PREVIOUS YEAR'S VALUE BY 10.2 PER CENT​.BASED ON NINE-MONTH FIGURES, SINNERSCHRADER FEELS THAT IT IS WELL ON WAY TO ACHIEVING REVENUE FORECAST OF MORE THAN 56 MILLION EUROS.  Full Article

SinnerSchrader appoints Frank Riemensperger as new supervisory board chairman
Monday, 10 Jul 2017 11:38am EDT 

July 10 (Reuters) - SINNERSCHRADER AG :FRANK RIEMENSPERGER APPOINTED AS NEW SUPERVISORY BOARD CHAIRMAN.  Full Article

SinnerSchrader: Accenture Digital Holdings seeks to conclude domination and profit and loss transfer agreement
Monday, 26 Jun 2017 01:25am EDT 

June 26 (Reuters) - SINNERSCHRADER AG ::SAID ON SUNDAY ACCENTURE DIGITAL HOLDINGS GMBH IS SEEKING TO CONCLUDE A DOMINATION AND PROFIT AND LOSS TRANSFER AGREEMENT WITH SINNERSCHRADER AG.FOR THIS REASON, ACCENTURE DIGITAL HOLDINGS GMBH HAS ASKED SINNERSCHRADER AG TO ENTER INTO NEGOTIATIONS WITH IT WITH A VIEW TO CONCLUDING SUCH AN AGREEMENT AND HAS ANNOUNCED TO SUBMIT A DRAFT AGREEMENT SHORTLY.SINNERSCHRADER AG'S MANAGEMENT BOARD AND SUPERVISORY BOARD WILL DISCUSS THIS MATTER AFTER THEY WILL HAVE RECEIVED THE DRAFT.  Full Article

Sinnerschrader says well on way to achieving forecast for entire year of 2016/2017
Wednesday, 12 Apr 2017 03:10pm EDT 

Sinnerschrader Ag : Business continued positive trend in the second quarter / revenue 14 percent over previous year; ebita nearly doubled / forecast for the entire 2016/2017 financial year confirmed . Well on way to achieving forecast for entire year of 2016/2017 . From 1 december 2016 to 28 february 2017, sinnerschrader achieved revenue of 13.7 million euros up 13.8 per cent .Revenue in second financial quarter also surpassed figure for q1 by 2.7 per cent.  Full Article

Sinnerschrader: management and supervisory boards recommend to accept takeover offer
Thursday, 6 Apr 2017 07:31am EDT 

Sinnerschrader AG :Management board and supervisory board recommend to accept the takeover offer of Accenture in their joint statement.  Full Article

SinnerSchrader and Accenture agree on business combination
Monday, 20 Feb 2017 01:34am EST 

SinnerSchrader AG : SinnerSchrader and Accenture agree on business combination; Accenture announces voluntary public takeover offer for all shares of SinnerSchrader AG . Has entered into a business combination agreement with Accenture Digital Holdings GmbH, a 100 percent subsidiary of Accenture Holding GmbH & Co. KG and part of Accenture-group . Accenture intends to offer a cash consideration of 9.00 euros ($9.54) per SinnerSchrader-share . This represents a premium of approximately 31 percent to 3-month volume-weighted average share price as of end of trading on Feb. 17, 2017 .Accenture informed it executed share purchase and transfer agreements with significant shareholders. As a result, Accenture will acquire a total of 7.171.473 shares in company (representing 62,13 percent of all SinnerSchrader-shares).  Full Article

SinnerSchrader Q1 EBITA up at EUR 1.3 mln
Friday, 13 Jan 2017 02:20am EST 

SinnerSchrader AG : First financial quarter of 2016/2017: EBITA improved by more than 50 pct over previous year, order books back up revenue forecast . In Q1 (Sept. 1 to Nov. 30, 2016), the group generated net revenue of 13.3 million euros ($14.14 million) . In Q1 generated an operating result (EBITA) of around 1.3 million euros and net income of 0.9 million euros . Q1 EBITA and net income have improved by more than 50 per cent in comparison to figures for Q1 of 2015/2016 . Is confident that it will achieve its forecast for financial year .Sees FY revenue of more than 56 million euros, EBITA in range of 5.8 to 5.9 million euros and net income of at least 4 million euros, or 0.35 euros per share.  Full Article

Sinnerschrader proposes to raise dividend
Sunday, 20 Nov 2016 03:42pm EST 

Sinnerschrader Ag : Says final results for 2015/2016 even higher than provisional record figures . Says 56 million euros revenue and 5.8 million euros EBITA forecast for 2016/2017 .Says proposed dividend raised by 8 cents to 20 cents per.  Full Article

SinnerSchrader Q3 revenue 13.4 million euros
Friday, 15 Jul 2016 02:06am EDT 

SinnerSchrader AG : Achieves growth on an adjusted basis of more than 24 percent in the third quarter / positive earnings development, yet below plan / ebita forecast revised slightly downwards . In Q3 of 2015/2016 (March 1 to May 31, 2016) achieved quarterly revenue of 13.4 million euros ($14.90 million) . EBITA reached 1.4 million euros in third quarter or 10.5 per cent of revenue thus exceeding previous year's figure by 0.6 million euros . In first nine months of financial year sinnerschrader achieved sales revenue in amount of 38.2 million euros. Sales over nine months period came in 11.3 per cent higher than previous year . Forecasts FY EBITA to come in weaker as originally planned at about 4.5 million euros, revenue should meet plan of 50.5 million euros .Does not expect that margin situation will improve in Q4 of 2015/2016.  Full Article

SinnerSchrader wins significant new business from car industry
Monday, 4 Jul 2016 08:40am EDT 

SinnerSchrader AG : Wins significant new business from car industry / excellent basis to meet growth targets in the next fiscal year 2016/2017 . Car manufacturer Audi has selected SinnerSchrader as its new worldwide digital lead agency . Cooperation is initially planned for a three-year period .Client win, however, will not yet have a positive impact on current financial year of 2015/2016.  Full Article

BRIEF-Sinnerschrader Q3 operating result at 1.4 mln euros

* SINNERSCHRADER AG: THIRD QUARTER ON TARGET / REVENUE 13.3 PER CENT ABOVE PREVIOUS YEAR - EBITA AT PREVIOUS YEAR'S LEVEL / FORECAST FOR THE 2016/2017 FINANCIAL YEAR CONFIRMED