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SYNAXON AG

EANS-Adhoc: Synaxon AG reports preliminary figures for the nine-month period 2010
Increased profit forecast

  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.
9-month report
12.11.2010
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 the nine-month period 2010
/ Increased profit forecast
On the basis of preliminary figures, the sales revenue of Synaxon AG 
rose by 47.4 % to EUR 14,720,000 in the first nine months of 2010 
(previous year EUR 9,987,000), primarily as a result of strong growth
in online commercial operations. Operating income (EBIT) amounted to 
EUR 684,000 as of September 30, 2010 (previous year: EUR 699,000); 
the profit for the period was EUR 456,000 (previous year: EUR 
473,000), corresponding to earnings per share of EUR 0.13 (previous 
year: EUR 0.14). The company is thus already beating the forecast for
the whole of fiscal year 2010 after only nine months. This provided 
for a forecast EBIT of EUR 200,000 - 300,000 as a result of increased
investment, above all in the online business. The Group benefitted 
from a significant upturn in demand for IT products in the third 
quarter, with a simultaneous stabilization in the price level, which 
had a positive effect on the development of the retail cooperative 
business and on online selling. On the basis of the nine-month 
figures and the continuing fundamentally positive market prospects, 
the management board is raising its profit forecast for 2010. It now 
anticipates an EBIT figure of between EUR 800,000 and EUR 900,000 for
the whole year. However, if business goes well at Christmas it 
believes that the company may achieve an even higher profit.
The complete interim financial report with final figures for the 
period ending September 30, 2010, will be published on November 30, 
2010.
end of announcement                               euro adhoc

Further inquiry note:

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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