Syzygy AG

Earnings Release • Oct 26, 2006

News Details

Ad-hoc | 26 October 2006 18:50

Syzygy AG with 19% growth in sales and operating income in the first 3 quarters

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Syzygy AG with 19% growth in sales and operating income in the first 3 quarters – Sales of EUR 14.8 million, 19% growth compared to 9M-2005 – Operating income (EBIT) kEUR 1,043, 19% growth year-on-year – Net income of kEUR 1,835 – Earnings per share EUR 0.16 – Liquid assets of EUR 44.3 million (corresponds to EUR 3.78 per share) Frankfurt, October 26, 2006 In the first three quarters of 2006, Syzygy generated sales of EUR 14.8 million compared to EUR 12.5 million in the same period of the previous year. Accordingly, sales rose by 18.9%. The operating income (EBIT) of kEUR 1,043 corresponds to an EBIT margin of 7.0%. Net income amounts to kEUR 1,835 and leads to earnings per share of EUR 0.16. The operating cash flow amounted to kEUR 1,246 as compared to kEUR 2,517 year-on-year. Liquid assets stood at EUR 44.3. Thus, the current cash portion equals EUR 3.78 per share. Financial income reached kEUR 1,872, leading to an annualised yield of 6% on average liquidity reserves. 9M-06 9M-05 Diff. Q3-06 Q3-05 Diff. Sales kEUR kEUR 18.9% kEUR kEUR 16.8% 14,802 12,454 5,207 4,458 EBIT kEUR kEUR 19.3% kEUR kEUR 6.1% 1,043 874 363 342 EBIT margin 7.0% 7.0% 0.0pp 7.0% 7.7% -0.7pp Net income kEUR kEUR -14.5% kEUR kEUR -20.4% 1,835 2,145 598 751 Earnings per EUR EUR -11.1% EUR EUR -16.7% share 0.16 0.18 0.05 0.06 The order backlog for the coming quarter is above the previous year’s level. Syzygy anticipates double-digit growth rates in sales and operating income for the 2006 financial year. The quarterly report will be published on Friday, Oktober 27, 2006 and can be downloaded at http://www.syzygy.net under section ‘Investor Relations’. Contact: Syzygy AG Investor Relations Im Atzelnest 3 61352 Bad Homburg Tel: ++49(0)6172-9488-251 Fax: ++49(0)6172-9488-272 ir@syzygy.de www.syzygy.net (c)DGAP 26.10.2006 ————————————————————————— Language: English Issuer: Syzygy AG Im Atzelnest 3 61352 Bad Homburg Deutschland Phone: ++49 (0)6172/9488-100 Fax: ++49 (0)6172/9488-272 E-mail: ir@syzygy.net WWW: www.syzygy.net ISIN: DE0005104806 WKN: 510480 Indices: Prime All Share, Prime Standard Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service —————————————————————————