Syzygy AG

Earnings Release • Jul 31, 2006

News Details

Ad-hoc | 31 July 2006 19:08

Syzygy AG with 20% growth in sales and 28% in operating income in H1-2006

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 20% growth in sales and 28% in operating income in H1-2006 – Sales of EUR 9.6 million, 20% growth compared to H1-2005 – Operating income (EBIT) kEUR 680, 28% growth year-on-year – Net income of kEUR 1,236 after kEUR 1,394 in H1-2005 – Earnings per share EUR 0.11 – Liquid assets of EUR 44.1 million (corresponds to EUR 3.76 per share) Frankfurt, July 31, 2006 In the first six months of 2006, Syzygy generated sales of EUR 9.6 million compared to EUR 8.0 million in the same period of the previous year. Accordingly, sales rose by 20.0%. The operating income (EBIT) of kEUR 680 corresponds to an EBIT margin of 7.1%. Net income amounts to kEUR 1,236 and leads to earnings per share of EUR 0.11. The operating cash flow amounted to kEUR 1,196 as compared to kEUR 1,975 year-on-year. Liquid assets amounted to EUR 44.1 million after a dividend distribution of EUR 0.24 and kEUR 2,803, respectively, as per June 30, 2006. Thus, the current cash portion equals EUR 3.76 per share. Financial income reached kEUR 1,292, leading to an annualised yield of 6% on average liquidity reserves. H1-06 H1-05 Diff. Q2-06 Q2-05 Diff. Sales kEUR kEUR 20.0% kEUR kEUR 19.3% 9,595 7,996 5,006 4,195 EBIT kEUR kEUR 27.8% kEUR kEUR 18.2% 680 532 357 302 EBIT margin 7.1% 6.7% 0.4pp 7.1% 7.2% -0.1pp Net income kEUR kEUR -11.3% kEUR kEUR -21.9% 1,236 1,394 566 725 Earnings per EUR EUR -8.3% EUR EUR -16.7% share 0.11 0.12 0.05 0.06 The order backlog for the coming quarter is above the previous year’s level. Therefore, Syzygy is expecting to continue with the positive development of the first six months. Furthermore, double-digit growth rates in sales and operating income are anticipated for the 2006 financial year. The quarterly report will be published on Tuesday, August 1, 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 31.07.2006 ————————————————————————— 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 —————————————————————————