EANS-News: SYZYGY AG announce a dividend of 20 cents per share
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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annual result
Bad Homburg (euro adhoc) - Today, the Management and Supervisory Board of SYZYGY
AG resolved to propose a
dividend of 20 cents per share at the Annual General Meeting, the same as the
previous year.
Sales were up 4 per cent to EUR 28.3 million as against 2010. Due to
investments in the extension of the service portfolio as well as the national
and international presence of the Group, operating income (EBIT) reduced by 18
per cent to EUR 2.6 million. Financial income improved significantly, rising 25
per cent to EUR 1.4 million. Net income was EUR 2.9 million, resulting in
earnings per share of EUR 0.22 (-27%).
At EUR 2.0 million, operating cash flow was significantly positive.
Liquid funds and securities amounted to EUR 19.6 million, which is equivalent
to a cash portion of EUR 1.53 per share.
For the current financial year, SYZYGY is anticipating growth in sales and
operating income.
| |2011 (in|2010 (in|Change|
| |EUR´000)|EUR´000)| |
|Sales |28,313 |27,247 |+ 4% |
|EBIT |2,588 |3,168 |- 18% |
|EBIT margin |9% |12% |- 3pp |
|Financial income |1,387 |1,107 |+ 25% |
|Net income |2,878 |3,796 |- 24% |
|Earnings per share |EUR 0.22|EUR 0.30|- 27% |
The Annual Report in English language will be issued on April 13, 2012 and can
be downloaded at
http://ir.SYZYGY.co.uk/default3_and_fz_menu=financial_reports_2011.aspx
Further inquiry note:
Katrin Schreyer
Telefon: +49/6172-9488251
E-Mail: ir@syzygy.net
end of announcement euro adhoc
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company: Syzygy AG
Im Atzelnest 3
D-61352 Bad Homburg
phone: +49(0)6172 9488-100
FAX: +49(0)6172 9488-272
mail: ir@syzygy.net
WWW: http://www.syzygy.net
sector: Online
ISIN: DE0005104806
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English