euro adhoc: SYNAXON AG
quarterly or semiannual financial statement
SYNAXON
AG: Results for first quarter of 2006 - growth in revenue and earnings
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
19.05.2006
Bielefeld, 19 May 2006: The SYNAXON Group recorded an increase in revenue and earnings in the first quarter of 2006. Revenue rose by 38.7%, from EUR 4,111 thousand a year ago to EUR 5,701 thousand as at March 31, 2006. Operating profit grew by 42.9% to EUR 620 thousand (31/03/05: EUR 434 thousand). Earnings before taxes and minority interests amounted to EUR 653 thousand in Q1 2006, compared with EUR 502 thousand for the same period a year ago. Within this context, it should be noted that AKCENT Computerpartner Deutschland AG was included in the consolidated group effective from December 31, 2005, and was thus not accounted for in the Q1 2005 results. Adjusted for AKCENT, consolidated revenue amounted to EUR 5,077 thousand as at March 31, 2006, while earnings before taxes and minority interests stood at EUR 551 thousand. The net profit for the SYNAXON Group rose by 27.3%, from EUR 245 thousand in Q1 2005 to EUR 312 thousand as at March 31, 2006. This corresponds to earnings per share of EUR 0.09 (31/03/05: EUR 0.07).
Cash flow from operating activities increased from EUR 311 thousand in Q1 2005 to EUR 909 thousand as at March 31, 2006.
The full quarterly report will be published this Tuesday and can be accessed at www.synaxon.de (Investor Relations / IR Publications section).
end of announcement euro adhoc 19.05.2006 16:14:52
Further inquiry note:
Karen Müller
Investor Relations
Telefon: +49(0)521-9696-292
E-Mail: ir@synaxon.de
Branche: Hardware
ISIN: DE0006873805
WKN: 687380
Index: CDAX
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade