14.01.2019 SYZYGY AG  DE0005104806

DGAP-Adhoc: SYZYGY AG: : SYZYGY continues to deliver success with 8 per cent growth


DGAP-Ad-hoc: SYZYGY AG / Key word(s): Preliminary Results
SYZYGY AG: : SYZYGY continues to deliver success with 8 per cent growth

14-Jan-2019 / 18:04 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Restructuring and group reorganisation are paying off: provisional figures for 2018 indicate that the SYZYGY Group achieved a rise in sales of 8 per cent to EUR 65,3 million. The core German market saw growth of 16 per cent. Operating income was the highest in the company's history. Operating income increased by around 48 per cent to EUR 6,1 million. The operating margin improved by 1.5 per cent points, thus approaching the target of 10 per cent. Financial income amounted to EUR 0,5 million, meaning that total net income after taxes will be around EUR 5,0 million (+18%). Earnings per share will be approximately EUR 0.36. The company has liquid funds of EUR 22 million.

Due to the strong cash position, the Management Board and Supervisory Board have decided to propose a dividend of EUR 0.40 per share for the 2018 financial year at the Annual General Meeting scheduled for June 7, 2019. This represents sustained dividend growth over a period of more than ten years.

The positive performance is partly the result of systematically expanding business with existing clients throughout the Group. The level of new business, especially in the 4th quarter of 2018, is another key factor. There were project wins from major companies such as Daimler Financial Services, Deutsche Bahn, Huawei, PayPal, the Polish Football League (PZPN), Porsche and Viega.

"Even though we are slightly below our sales forecast due to Brexit-related exchange rate losses, SYZYGY is on a solid growth path. This is also reflected in the operating margin. Positive integration of our acquisitions is strengthening cross-selling and will boost organic growth in 2019 through significant new business. This year, we will continue to concentrate on our core German business and intensify interdisciplinary cooperation. Our success in 2018 was a strong, cross-discipline team effort and this positive trend is set to continue in 2019," commented Lars Lehne, Chairman of the Management Board of SYZYGY AG.

The SYZYGY Group will remain focused on expansion in its core German market in 2019, with integration of the service portfolio to create end-to-end solutions playing an important role. In Munich, the company will shortly open the first SYZYGY Campus, where for the first time all disciplines will work together on client projects at one location.

Due to the strong level of new business and high number of enquiries, SYZYGY expects 2019 to see another increase in sales in the high single-digit range. Operating income (EBIT) is expected to rise slightly ahead of sales.

The full annual report for 2018 will be available from March 29, 2019 at http://ir.syzygy.de.

About the SYZYGY Group

SYZYGY is a leading digital communications agency and part of the WPP Group. SYZYGY designs, creates and orchestrates digital experiences and products for brands, companies and people. The Group's core services are strategy, products and activation, with technology as the connecting and scaling element. Established in 1995, the SYZYGY Group employs some 650 people across four countries. It has branches in Bad Homburg, Berlin, Frankfurt, Hamburg, Munich, London, New York and Warsaw. In addition to the main brand, SYZYGY, and strategy consultancy firm diffferent, the agency group includes Polish design studio Ars Thanea and consultancy USEEDS , which specialises in the customer experience. Its clients include prestigious brands such as AVIS, BMW, comdirect bank, Commerzbank, Daimler, Deutsche Bank, Mazda, Miles & More, o2 and health insurer Techniker Krankenkasse.

Erwin Greiner
Chief Financial Officer
[email protected]

14-Jan-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: SYZYGY AG
Horexstraße 28
61352 Bad Homburg v.d.H.
Phone: 06172 9488100
E-mail: [email protected]
Internet: www.syzygy.net
ISIN: DE0005104806
WKN: 510480
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

End of Announcement DGAP News Service

765807  14-Jan-2019 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022
Umsatzerlöse1 64,27 60,67 65,82 64,24 55,52 60,12 70,61
EBITDA1,2 7,37 6,18 8,72 10,88 9,65 14,57 11,55
EBITDA-Marge3 11,47 10,19 13,25 16,94 17,38 24,24 16,36
EBIT1,4 5,60 4,10 6,07 5,50 4,00 6,38 -5,21
EBIT-Marge5 8,71 6,76 9,22 8,56 7,20 10,61 -7,38
Jahresüberschuss1 5,10 4,24 4,89 3,54 2,08 4,13 -7,38
Netto-Marge6 7,94 6,99 7,43 5,51 3,75 6,87 -10,45
Cashflow1,7 5,93 4,78 16,56 -4,46 10,01 8,14 12,56
Ergebnis je Aktie8 0,39 0,39 0,35 0,26 0,15 0,30 -0,56
Dividende8 0,38 0,39 0,40 0,00 0,15 0,20 0,22
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: BDO

WKN Kurs in € Einschätzung Börsenwert in Mio. €
510480 3,600 Kaufen 48,60
KGV 2024e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
9,23 24,90 0,41 17,39
1,16 3,87 0,69 3,44
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
0,22 0,22 6,11 11.07.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
28.04.2023 28.07.2023 01.11.2023 31.03.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-13,61% -28,43% -31,56% -23,40%
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Internet-Services , 510480 , SYZ , XETR:SYZ