euro adhoc: SYNAXON AG
Financial Figures/Balance Sheet
SYNAXON AG: Earnings
increase after nine months
earnings forecast raised
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
quaterly report
08.11.2007
On a preliminary basis SYNAXON AG increased earnings before taxes and minority interests by 128% to euro 2.71 million (previous year: euro 1.19 million) after nine months. Net profit rose by 267% to euro 1.80 million (previous year: euro 0.49 million) after nine months, earnings per share amounted to euro 0.51 (previous year: euro 0.14).
As expected consolidated sales revenues decreased to euro 12.31 million (previous year: euro 15.79 million) due to the closure of the company store in Vienna last year and the reduction of central billed goods turnover. The involved focus on the business of the buying group caused the EBIT margin to increase to 21% (previous year: 7%). The EBIT amounted to euro 2.59 million (previous year: euro 1.10 million).
The Executive Board of SYNAXON AG raises its earnings per share forecast to now euro 0.60 for the fiscal year 2007.
The full nine-months-report will be published on November 28, 2007.
end of announcement euro adhoc 08.11.2007 15:32:02
Further inquiry note:
Investor Relations
Tel.: +49(0)521 9696 200
E-Mail: ir@synaxon.de
Branche: Hardware
ISIN: DE0006873805
WKN: 687380
Index: CDAX
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade