SinnerSchrader: Confident Outlook For Year Ahead
Edison | Nov 30, 2015 06:18AM ET
A confident outlook
SinnerSchrader (DE:SZZG) ended its financial year to August with an expanding EBIT margin profile and a confident outlook for the year ahead. The ratings gap to peers remains pronounced despite the solid growth profile.
Full year results confirm the headline results from the trading update on 15 October: Revenues of €47.7m, reported EBITA of €2.1m, or €2.8m excluding the one-off restructuring charges related to Next Audience (slightly ahead of our €2.6m forecast) and net income of €1.5m. While revenues for the year were down slightly, this should be seen in the context of the 34% growth in FY14. Management’s focus on improving operating efficiency was evidenced in an improving margin profile as the year progressed – continuing EBITA margin (excluding Next Audience, NA) increased from 3.4% in H1 to 14.8% in H2.
To Read the Entire Report Please Click on the pdf File Below
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.