euro adhoc: SYNAXON AG
quarterly or semiannual financial statement
SYNAXON AG announces first quarter 2008 results

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quaterly report


SYNAXON AG  ISIN DE0006873805 / WKN 687 380

Ad hoc announcement in accordance with Section §15 WpHG

SYNAXON AG announces first quarter 2008 results

SYNAXON AG returned a profit of Euro  519  thousand  (previous  year: Euro  524 thousand) in the first quarter of 2008, which was thus in line with last  year's levels. Earnings per share was unchanged  at   Euro  0.15  (previous  year:  Euro 0.15). Benefiting from a lower tax burden of 30.8% (previous year:  45.5%),  the company reported earnings before  taxes  and  minority  interests  of  Euro  767 thousand (previous year: Euro 1,007 thousand).  The  consolidated   turnover  was reduced by eliminating the centrally invoiced goods turnover and  a  decline  in the income tied to the purchasing volume to Euro 3,795 thousand (previous  year: Euro 4,247 thousand). Although sales figures in the German IT  market  have  gone  up,   trade  remains exposed to a further decline of average prices. First quarter  results  are  in line with planning for the fiscal year 2008, which forecasts  an  income  before taxes of at least Euro 2.5 million. The full first quarter report will be published on May 27, 2008.

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ots Originaltext: SYNAXON AG
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Further inquiry note:
Investor Relations
Fon: +49 (0) 521 - 9696-292

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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