SinnerSchrader Provides Consolidated Earnings Guidance for the Fourth Quarter and Full Year Ended August 31, 2013; Reports Unaudited Consolidated Revenue Results for the Full Year Ended August 31, 2013
On the basis of the provisional figures, the company assumes that net revenue for the group will amount to around EUR 36.4 million for the fiscal 2013 financial year. The EBITA is expected to be in the range of EUR 0.65 million to EUR 0.7 million. This figure would amount to approximately EUR 2.1 million without the start-up losses for the establishment of audience management business. It thus fell short of the net revenue of EUR 37.0 million last forecast for the financial year, but the most recent profit predictions - EBITA at more than EUR 0.5 million after advance payments and more than EUR 2.0 million before the advance payments in the audience management business - will probably be achieved. Net income will be approximately balanced.
The company reported unaudited consolidated revenue results for the full year ended August 31, 2013. The company achieved a new record revenue, with net revenue at around EUR 9.8 million. The figure for the third quarter is likely to be exceeded by more than 8%, and that of the previous year by more than 6%.