DGAP-Ad hoc: syzygy AG

DGAP-Adhoc: syzygy AG: SYZYGY exceeds forecasts and boosts annual sales by over 21 per cent

SYZYGY AG / Key word(s): Dividend/Preliminary Results

01.02.2016 17:41

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, the agency group for digital marketing, has generated high organic growth in the double-digit range for the fourth year in succession and exceeded its own forecast for growth in 2015. Provisional figures indicate that sales increased significantly by 21 per cent to more than EUR 57.2 million. Operating income rose by around 38 per cent to approximately EUR 5.3 million. The figure for financial income is EUR 2.0 million. Given that the tax rate is now considerably higher, net income of EUR 5.0 million (+4%) is expected. Earnings per share will consequently be around EUR 0.37 (+3%).

The agency group outperformed the industry growth average in what was the most successful financial year in SYZYGY's history to date. This success rests on three pillars: the expansion of existing client relationships, the acquisition of new clients such as Techniker Krankenkasse, Carlsberg, Carnival Cruises, MAN, McDonald's, Berlitz and Samsung, and international expansion of the agency group. The principal demand for SYZYGY's portfolio of services relates to developing and expanding corporate platforms. Headcount climbed to more than 550 due to the company's ongoing growth.

Due to buoyant growth and the continuing strong cash position, the Supervisory Board and Management Board of SYZYGY AG have today decided to propose a dividend of EUR 0.37 per share for the 2015 financial year at the Annual General Meeting scheduled for July 8, 2016. The SYZYGY Group expects sales to increase by more than 10 per cent to at least EUR 63 million in the current financial year.

The full annual report will be published on March 30, 2016.

01.02.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- Language: English Company: SYZYGY AG Im Atzelnest 3 61352 Bad Homburg Germany Phone: 06172 9488100 Fax: E-mail: info@syzygy.de Internet: www.syzygy.net ISIN: DE0005104806 WKN: 510480 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------