Syzygy AG

EANS-Adhoc: Earnings per share improve by 14 %
exchange rate fluctations hamper growth

@@start.t1@@--------------------------------------------------------------------------------   ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro   adhoc with the aim of a Europe-wide distribution. The issuer is solely   responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@

3-month report

24.04.2009

Gross sales, which include the transit costs of the online marketing-companies, were up 13 per cent to EUR 19.020 million. Net sales amounted to EUR 7.483 million, outperforming last year´s figure by 4 per cent. If the exchange rate GBP / EUR had remained constant, growth would have been 22 per cent and 13 per cent respectively.

Operating income (EBITA) declined by 10 per cent to EUR 1.105 million (previous year: EUR 1.223 million), the EBITA-margin was 15 per cent. At constant currency, EBITA would have grown by 1 per cent. With a financial income of EUR 0.270 million, net income was EUR 0.993 million, resulting into earnings per share of EUR 0.08.

Liquid funds and securities amounted to EUR 27.163 million, corresponding to a current cash portion of EUR 2.25 per share.

It is expected that Syzygy Group will continue to grow in the current financial year.

@@start.t2@@|                  |          |          |         |Q1-2008  |YoY pro |
|                  |Q1-2009|Q1-2008|YoY    |pro forma|forma    |
|Gross sales |19,020 |16,807 |13%    |15,590    |22%        |
|in EUR´000  |          |          |         |              |            |
|Net sales in|7,483  |7,200  |4%      |6,618      |13%        |
|EUR´000        |          |          |         |              |            |
|EBITA in      |1,105  |1,223  |-10 % |1,096      |1%         |
|EUR´000        |          |          |         |              |            |
|EBITA-margin|15%      |17%      |-2pp  |17%         |-2pp      |
|Net income  |993      |1,022  |-3%    |923         |8%         |
|in EUR´000  |          |          |         |              |            |
|EPS in EUR  |0.08    |0.07    |14%    |0.06        |33%        |

The quarterly report will be issued on April 30, 2009 and can be downloaded at http://www.syzygy.net in the Investor Relations section.@@end@@

@@start.t3@@end of announcement                                                 euro adhoc
--------------------------------------------------------------------------------@@end@@

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

Further inquiry note:
Katrin Schreyer
Telefon: +49/6172-9488251
E-Mail: k.schreyer@syzygy.net

Branche: Online
ISIN:      DE0005104806
WKN:        510480
Index:    CDAX, Prime All Share, Technologie All Share
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse Hannover / free trade
              Börse München / free trade



Weitere Meldungen: Syzygy AG

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