SYNAXON AG

euro adhoc: SYNAXON AG
Financial Figures/Balance Sheet
SYNAXON AG announces results for the first nine months 2008

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quaterly report

11.11.2008

SYNAXON AG  ISIN DE0006873805 / WKN 687 380

Ad hoc announcement in accordance with Section §15 WpHG

SYNAXON AG announces results for the first nine months 2008

In the period of nine months in 2008 the period surplus of SYNAXON   AG  amounted to 1,388 thousand EUR (previous year: 1,801 thousand EUR) at  a  calculated  tax rate of 31.5 %, which has hardly changed in  comparison  to  the  previous  year (previous year: 31.6%). The result  before  taxes  and  minority  interests  was roughly 2,035 thousand EUR  (previous  year:  2,709  thousand  EUR).  The  group turnover was reduced mainly due to the decrease of the proceeds linked with  the commissioned purchasing volumes to 11,271 thousand EUR  (previous  year:  12,314 thousand EUR). On the one hand the significantly lower average prices for IT products fostered the unit sales on the German IT market, however on the other hand, they also decreased the turnovers. The figures for the period of nine months, which project a result before taxes of at least 2.5 m EUR for the business year 2008, still continue to be as planned. It is currently not foreseeable, in how far the financial crisis will impact the demand for IT products. A serious fall of the demand during the Christmas business may, however, affect the company result.

The full report for the first nine months will  be  submitted  on   the  25th  of November 2008.

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ots Originaltext: SYNAXON AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
SYNAXON AG
Investor Relations
Phone: +49 (0) 521 - 9696-292
Email: 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



Weitere Meldungen: SYNAXON AG

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