SinnerSchrader AG announced audited consolidated earnings results for the year ended August 31, 2016. For the year, the company's revenue in the amount of EUR 51.1 million, an operating result (EBITA) of EUR 4.7 million and net income of just under EUR 3.4 million.

The company provided earnings guidance for the year 2017. The company is anticipating growth in the order of 10% and revenue of EUR 56 million for the next financial year. The margin is to be further improved to approximately 10.5%, meaning that an EBITA of between EUR 5.8 million and EUR 5.9 million is expected. The net income should be at least EUR 4 million, or EUR 0.35 per share.