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SYNAXON AG

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

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

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

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