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SYNAXON AG

EANS-Adhoc: SYNAXON AG reports preliminary figures for fiscal year 2009

  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.
annual report
09.03.2010
SYNAXON AG  ISIN DE0006873805 / WKN 687 380
Ad-hoc announcement in accordance with §15 WpHG [German Securities 
Trading Act]
SYNAXON AG reports preliminary figures for fiscal year 2009
Based on preliminary figures, SYNAXON AG generated consolidated net 
income of TEUR 897 in fiscal year 2009 (previous year: TEUR 1,620), 
corresponding to earnings per share of EUR 0.27 (previous year: EUR 
0.45). The earnings before taxes and minority interests amounted to 
TEUR 1,416 (previous year: TEUR 2,284). The expectation expressed by 
the Management Board in the 2008 Annual Report of at least a balanced
result in 2009 was thus clearly exceeded, despite the backdrop of the
financial crisis and planned investments in future projects.
Last year, the Group made significant investments in the area of 
human resources in developing its online trading business and 
expanding the network partnership business to the UK. As a result, 
the Group´s personnel expenditure increased from TEUR 5,615 in 2008 
to TEUR 6,441 in 2009. The online shop originally operated as 
"snippr" was redesigned over the course of the year and relaunched in
November as www.pcspezialist.de. In the fourth quarter the online 
shop's sales contributed for the first time to diminishing the 
decline in sales in the network partnership business. Once again, 
this business was negatively impacted in 2009 by a general decline in
prices for IT products.
The complete annual financial statements with final figures for 
fiscal year 2009 will be published March 31, 2010. The press briefing
on the results will also be held on that date.
end of announcement                               euro adhoc

Further inquiry note:

SYNAXON AG
Investor Relations
Tel.: +49 521/ 96 96-292
E-Mail: ir@synaxon.de

Branche: Hardware
ISIN: DE0006873805
WKN: 687380
Index: CDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

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