Ad-hoc | 6 March 2006 19:17
Syzygy AG: Financial figures for 2005 – positive outlook for 2006
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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– Sales of EUR 16.7 million, 7% growth compared to 2004
– Operating income (EBIT) kEUR 1,197, 14% growth year-on-year
– Net income of kEUR 2,966 after kEUR 2,855 in 2004
– Earnings per share of EUR 0.25 compared to EUR 0.24 in 2004
– Liquid assets of EUR 46.4 million (corresponds to EUR 3.97 per share)
Frankfurt, 06 March 2005
In 2005, Syzygy generated sales of EUR 16.7 million compared to EUR 15.7
million in 2004. Accordingly, sales rose by 7%. The operating income (EBIT)
of kEUR 1,197 corresponds to an EBIT margin of 7.2%. The net income amounts
to kEUR 2,966 (previous year kEUR 2,895) and leads to earnings per share of
EUR 0.25, whereas EUR 0.24 were anticipated.
The operating cash flow amounted to EUR 2.6 million. Liquid assets
decreased to EUR 46.4 million due to the distribution of dividends as well
as the share buyback program. Thus, the current cash portion equals EUR
3.97 per share. Financial income reached EUR 3.3 million, leading to a
yield of 6.9% on average liquidity reserves.
2005 2004 Diff. Q4-2005 Q4-2004 Diff.
Sales (TEUR) 16,692 15,651 6.7% 4,238 3,936 7.7%
EBIT (TEUR) 1,197 1,052 13.8% 323 222 45.5%
EBIT margin 7.2% 6.7% 0.5 pp 7.6% 5.6% 2.0 pp
Net income (TEUR) 2,966 2,855 3.9% 821 882 -6.9%
Earnings per share (EUR)0.25 0.24 4.2% 0.07 0.07 0.0%
Syzygy’s order situation is excellent. Sales and operating income are
expected to rise by 20% in the first six months of 2006.
More detailed information regarding last years’ financial figures, in
particular consolidated statements as well as the annual report will be
published on March 31, 2006 and can be downloaded at
http://www.syzygy.net
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 06.03.2006
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language: English
emitter: Syzygy AG
Im Atzelnest 3
61352 Bad Homburg Deutschland
phone: ++49 (0)6172/9488-100
fax: ++49 (0)6172/9488-272
email: ir@syzygy.net
WWW: www.syzygy.net
ISIN: DE0005104806
WKN: 510480
indexes: Prime All Share, Prime Standard
stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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