euro adhoc: SYNAXON AG
Strategic management decisions
SYNAXON AG: "DIGITAL INC." pilot store to be closed

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@


On September 01, 2006, the Management Board and Supervisory Board of SYNAXON AG reached the decision to discontinue all business operations of the DIGITAL INC. company store located in Vienna, Austria, by the end of the year. Although the store again recorded higher revenues in Q2 2006 and was able to scale back its loss, the current situation at the SCS Multiplex site in Vienna does not suggest that the Austrian enterprise will be in a position to achieve break-even in the foreseeable future. Furthermore, the assessment of this specific market and store structure has now been completed and a number of conclusions drawn from these activities have already been integrated within the German franchise system or will be incorporated in the development of next-generation store concepts.  The closure of the pilot store is expected to produce exceptional charges of between EUR 0.4 and 0.6 million in 2006.

@@start.t2@@end of announcement                                                 euro adhoc 01.09.2006 16:20:49

ots Originaltext: PC-Spezialist Franchise AG
Im Internet recherchierbar:

Further inquiry note:
Investor Relations
Telefon: +49 (0) 521 - 9696-292

Branche: Hardware
ISIN:      DE0006873805
WKN:        687380
Index:    CDAX
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade

Weitere Meldungen: SYNAXON AG

Das könnte Sie auch interessieren: