DGAP-News

SYZYGY AG: SYZYGY Group produces all-time high / net sales increase by 34 per cent

DGAP-News: SYZYGY AG / Key word(s): Final Results/Forecast
SYZYGY AG: SYZYGY Group produces all-time high / net sales increase by
34 per cent

01.04.2015 / 09:26

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In 2014, SYZYGY Group continued to grow dynamically. Exceeding last year's
growth rates, the Group produced a new all-time high. The preliminary
annual figures, as reported on January 27th, have been confirmed and
approved by the Supervisory Board. Net sales increase by 34 per cent to EUR
47.1 million and the operating income improves disproportionately, rising
90 per cent to EUR 3.8 million.
The financial income of EUR 2.2 million was slightly above last year's
level. Income before taxes rose to EUR 4.7 million (+41%). This results in
earnings per share of EUR 0.35 (+35%).

As reported on January 27th, 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 to the Annual General Meeting on May 29th,
2015. This represents an increase of 25 per cent against last year's
dividend of EUR 0.28.

Liquid funds and securities amounted to EUR 35.2 million as at balance
sheet day, representing a cash portion of EUR 2.76 per share.

For the current financial year, SYZYGY Group expects to increase organic
sales by some 20 per cent to EUR 55.0 million. Operating income is expected
to grow disproportionately. The segments will equally contribute to growth.
Earnings per share will supposedly reach EUR 0.40.

The full Annual Report for the year 2014 in English language will be
available on April 10th, 2015 at http://ir.syzygy.co.uk

                                  2014              2013            Change
Net sales (EUR'000)             47,075            35,030               34%
EBIT (EUR'000)                   3,843             2,023               90%
EBIT margin                         8%                6%              +2pp
Financial income (TEUR)          2,157             2,124               +2%
Net income (EUR'000)             4,739             3,361              +41%
Earnings / share (EUR)            0.35              0.26              +35%

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The issuer is solely responsible for the content of this announcement.

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Language: English
Company: SYZYGY AG
Im Atzelnest 3
61352 Bad Homburg
Germany
Phone: [phone]
E-mail: [e-mail]
Internet: www.syzygy.net
ISIN: DE0005104806
WKN: 510480
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart


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