EANS-Adhoc: Syzygy AG: Sales growth of 6 per cent
earnings per share EUR 0.12
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 6-month report 28.07.2011 In the first half year of 2011, Syzygy Group generated sales of EUR 14.5m, a 6 per cent increase compared to H1-2010. Both the German and the international segment contributed equally to this growth. In the period under review, operating income was down 4 per cent to EUR 1.6m. The decrease is due to investments in foreign branches as well as an extension of the Group´s range of services. With financial income amounting to EUR 543,000 in the first six month of 2011, net income was EUR 1.5m. Earnings per share were thus EUR 0.12. | |Q2-2011 |Q2-2010 |Change |H1-2011 |H1-2010 |Change | |Sales |7,107 |7,043 |+1% |14,530 |13,663 |+6% | |(EUR´000 ) | | | | | | | |EBIT (EUR´000)|811 |1,006 |-19% |1,632 |1,708 |-4% | |EBIT margin |11% |14% |-3pp |11% |13% |-2pp | |Financ. inc. |251 |300 |-16% |543 |572 |-5% | |(EUR´000) | | | | | | | |Net income |718 |910 |-21% |1,508 |1,590 |-5% | |(EUR´000) | | | | | | | |Earnings/share|0.06 |0.07 |-14% |0.12 |0.13 |-8% | |(EUR) | | | | | | | In 2011, Syzygy AG expects a modest increase in sales, while the operating income will be slightly below last year´s level. For 2012, Syzygy is planning for a clear double-digit growth in both sales and operating income. The quarterly report will be issued on July 28, 2011 and can be downloaded at http://ir.syzygy.co.uk in the section "Financial Reports" Further inquiry note: Katrin Schreyer Telefon: +49/6172-9488251 E-Mail: ir@syzygy.net end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: 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, Technology All Share stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf, München language: English
Original content of: SYZYGY, transmitted by news aktuell