- 26.03.2008, 14:37:56
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euro adhoc: Syzygy AG / Financial Figures/Balance Sheet / Syzygy AG financial results 2007: forecast significantly exceeded - positive outlook for 2008 (E)
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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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26.03.2008
- Net sales of EUR 27.4 million, 35% growth compared to 2006
- Operating income (EBIT) kEUR 3,372, 140% growth year-on-year
- Net income of kEUR 3,213
- Earnings per share EUR 0.21
- Liquid assets of EUR 24.2 million (equals EUR 2.01 per share)
Frankfurt, March 26, 2008
In 2007, Syzygy´s net sales rose by 35% to EUR 27.4 million compared to EUR 20.3
million in 2006. Gross sales increased by 170% from EUR 21.7 million to EUR 58.6
million. The operating income (EBIT) of kEUR 3,372 corresponds to an EBIT margin
of 12.3%. Syzygy achieved a double-digit margin for the first time.
Due to a special distribution of funds and the acquisition of the Unique
Digital, liquid assets decreased by EUR 19.5 million to EUR 24.2 million. The
current cash portion equals EUR 2.01 per share. The financial income went down
to kEUR 1,245 (previous year: kEUR 2,302). As the strong operating income could
more than compensate for this decrease, net income rose by 38% to kEUR 3,213.
After minority interest, this equals to earnings per share of EUR 0.21.
The Syzygy Management and Supervisory Boards will propose an ordinary dividend
of EUR 0.10 per share to the shareholders at the AGM.
|2007 |2006 |Change |Q4-2007 |Q4-2006 |Change
Gross sales |kEUR 58,576 |kEUR 21,719 |170% |kEUR 19,959 |kEUR 6,917 |189%
Net sales |kEUR 27,351 |kEUR 20,313 |35% |kEUR 7,644 |kEUR 5,511 |39%
EBIT |kEUR 3,372 |kEUR 1,404 |140% |kEUR 1,062 |kEUR 361 |194%
EBIT margin |12.3% |6.9% |5.4 pp |13.9% |6.6% |7.3 pp
Net income |kEUR 3,213 |kEUR 2,327 |38% |kEUR 1,051 |kEUR 492 |114%
EPS |EUR 0.21 |EUR 0.19 |11% |EUR 0.06 |EUR 0.03 |100%
The order backlog for the first half of 2008 is above last year´s level. Syzygy
expects a double-digit growth and earnings per share of EUR 0.26 for the
financial year 2008.
More detailed information regarding last year´s financial figures will be issued
on March 28, 2008 and can be downloaded at http://www.syzygy.net in the Investor
Relations section.
-------End of ad hoc-news---------
Remarks: Starting with the financial year 2007, Syzygy reports gross sales as
well as net sales. Net sales are comparable with the figures reported in earlier
years. Gross sales include pass-through costs from the online-marketing
business.
Further inquiry note:
Syzygy AG
Public & Investor Relations
Katrin Schreyer
Fon: +49 (0)6172 / 94 88 - 251
E-Mail: k.schreyer@syzygy.net
end of announcement euro adhoc
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emitter: Syzygy AG
Im Atzelnest 3
D-61352 Bad Homburg
phone: +49(0)6172 9488-100
FAX: +49(0)6172 9488-272
mail: ir@syzygy.net
WWW: http://www.syzygy.net
sector: Online
ISIN: DE0005104806
indexes: CDAX, Prime All Share, Technologie All Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf,
Börse Hannover, Börse München
language: English
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