27.01.2015
SYZYGY AG DE0005104806
DGAP-Adhoc: SYZYGY AG: Sales up 34 per cent, dividend proposal of EUR 0.35 (+25%)
SYZYGY AG / Key word(s): Preliminary Results/Dividend
27.01.2015 18:02
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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SYZYGY Group has exceeded their 2014 growth expectations: According to
preliminary figures, sales are up 34 per cent year-on-year to EUR 47.0
million. At an estimated EUR 3.8 million, operating income also shows a
high growth, at 90 per cent year-on-year whilst the financial income of EUR
2.2 million was slightly above last year's level. After the deduction of
tax and the elimination of special effects, SYZYGY Group expects to record
a net income of around EUR 4.5 million (+34% y-o-y). This results in an
expected earnings per share of EUR 0.35 (+35%).
Today, due to this strong growth and the high liquidity, the Management and
Supervisory Board of SYZYGY Group agreed to propose a dividend of EUR 0.35
at the Annual General Meeting being held on May 29th, 2015. This represents
an increase of 25 per cent against last year's dividend of EUR 0.28.
For the current financial year, 2015, SYZYGY Group expects to increase
sales by some 20 per cent, while the operating income is expected to show a
disproportionately high growth.
The full Annual Report for the year 2014 (in English) will be available on
April 10th, 2015 at http://ir.syzygy.co.uk.
27.01.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: SYZYGY AG
Im Atzelnest 3
61352 Bad Homburg
Germany
Phone: 06172 9488100
Fax:
E-mail: [email protected]
Internet: www.syzygy.net
ISIN: DE0005104806
WKN: 510480
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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