EANS-News: SYZYGY AG announce a dividend of 20 cents per share
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- annual result Bad Homburg (euro adhoc) - Today, the Management and Supervisory Board of SYZYGY AG resolved to propose a dividend of 20 cents per share at the Annual General Meeting, the same as the previous year. Sales were up 4 per cent to EUR 28.3 million as against 2010. Due to investments in the extension of the service portfolio as well as the national and international presence of the Group, operating income (EBIT) reduced by 18 per cent to EUR 2.6 million. Financial income improved significantly, rising 25 per cent to EUR 1.4 million. Net income was EUR 2.9 million, resulting in earnings per share of EUR 0.22 (-27%). At EUR 2.0 million, operating cash flow was significantly positive. Liquid funds and securities amounted to EUR 19.6 million, which is equivalent to a cash portion of EUR 1.53 per share. For the current financial year, SYZYGY is anticipating growth in sales and operating income. | |2011 (in|2010 (in|Change| | |EUR´000)|EUR´000)| | |Sales |28,313 |27,247 |+ 4% | |EBIT |2,588 |3,168 |- 18% | |EBIT margin |9% |12% |- 3pp | |Financial income |1,387 |1,107 |+ 25% | |Net income |2,878 |3,796 |- 24% | |Earnings per share |EUR 0.22|EUR 0.30|- 27% | The Annual Report in English language will be issued on April 13, 2012 and can be downloaded at http://ir.SYZYGY.co.uk/default3_and_fz_menu=financial_reports_2011.aspx Further inquiry note: Katrin Schreyer Telefon: +49/6172-9488251 E-Mail: ir@syzygy.net end of announcement euro adhoc -------------------------------------------------------------------------------- company: 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: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt language: English
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