Ad-hoc | 22 October 2015 12:55
SYZYGY AG / Key word(s): 9-month figures
22.10.2015 12:55
Dissemination of an Ad hoc announcement according to ยง 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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The SYZYGY Group continued to build on the successful first half of the
year in the third quarter. Net sales increased by 21 per cent to EUR 14.2
million, with sales totalling EUR 41.9 million (+22%) for the 9-month
period. The SYZYGY Group thus continues to experience highly dynamic growth
in organic terms.
Operating income (EBIT) rose significantly by 30 per cent to EUR 1.3
million in the third quarter, and increased by 27 per cent to EUR 3.9
million in the 9-month period. With continued strong financial income of
EUR 0.5 million (9-month period: EUR 1.6 million), net income was EUR 1.3
million in the quarter and EUR 4.0 million for the 9-month period. This
represents earnings per share of EUR 0.30.
Due to the good performance of the business, combined with ongoing positive
prospects, SYZYGY AG is maintaining its forecast for 2015. It expects to
increase sales in the current financial year by around 20 per cent to some
EUR 55 million. All segments will contribute to this growth. Operating
profit (EBIT) will see an above-average rise, which means earnings per
share are expected to be approximately EUR 0.40.
Q3 2015 Q3 2014 Change 9M 2015 9M 2014 Change
Net sales (EUR'000) 14,230 11,772 +21% 41,863 34,345 +22%
EBIT (EUR'000) 1,310 1,006 +30% 3,856 3,041 +27%
EBIT margin 9.2% 8.5% +0.7pp 9.2% 8.8% +0.4pp
Financial income 504 545 -8% 1,584 1,703 -7%
(EUR'000)
Net income (EUR'000) 1,323 1,100 +20% 4,032 3,755 +7%
Earnings/share 0.10 0.08 +25% 0.30 0.28 +7%
(EUR)
The full quarterly report will be available at http://ir.syzygy.co.uk on
Wednesday, November 4, 2015.
22.10.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: SYZYGY AG
Im Atzelnest 3
61352 Bad Homburg
Germany
Phone: 06172 9488100
Fax:
E-mail: info@syzygy.de
Internet: www.syzygy.net
ISIN: DE0005104806
WKN: 510480
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News-Service
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