28.04.2020 SYZYGY AG  DE0005104806

DGAP-News: SYZYGY AG: SYZYGY generates sales of EUR 14.9 million and grows by 6 per cent in core German market


 

DGAP-News: SYZYGY AG / Key word(s): Quarterly / Interim Statement
SYZYGY AG: SYZYGY generates sales of EUR 14.9 million and grows by 6 per cent in core German market

28.04.2020 / 14:00
The issuer is solely responsible for the content of this announcement.


  • Sales of EUR 14.9 million (-5 per cent compared to previous year)
  • Growth of 6 per cent in core German market with an EBIT margin of 13 per cent
  • Decline in international business with EUR 0.2 million loss
  • Operating income EUR 1.1 million
  • Net income EUR 0.7 million
  • Outlook for 2020: forecast confirmed with sales set to fall by 10 to 20 per cent and positive EBIT margin in the mid single-digit range expected
  • Annual General Meeting: October 27, 2020 at the German National Library, Frankfurt

The SYZYGY Group started the new 2020 financial year with sales of EUR 14.9 million, which corresponds to a 5 per cent decrease compared to the same period of the previous year.

The SYZYGY Group's business grew again by 6 per cent in the core German market, with sales of around EUR 12.3 million and a continuing strong EBIT margin of 13 per cent. Internationally, there was a significant decline in sales, leading to a loss of EUR 0.2 million.

The SYZYGY Group's operating income (EBIT) came in at EUR 1.1 million, with the EBIT margin declining from 9.2 per cent to 7.4 per cent.

Financial income was slightly negative at EUR -0.1 million, meaning that total net income after taxes is around EUR 0.7 million. Earnings per share are EUR 0.05.
 

  Q1 2020 Q1 2019 Change
Sales (kEUR) 14,925 15,689 -5%
EBIT (kEUR) 1,097 1,442 -24%
EBIT margin 7.4% 9.2% -1.8 pp
Financial income (kEUR) -139 -8 n.a.
Earnings before tax (kEUR) 958 1,434 -33%
Net income (kEUR) 680 1,075 -37%
Earnings per share (EUR) 0.05 0.08 -38%
 

Outlook:
Leading economists believe that the coronavirus pandemic will result in a recession in the markets served by the SYZYGY Group. Changes in our clients' spending behaviour will lead to a downturn in sales, the extent of which is currently difficult to estimate. Based on the information available to date, SYZYGY AG expects sales to fall by between 10 and 20 per cent in the 2020 financial year. We anticipate an EBIT margin in the mid single-digit range.

The full quarterly report as at March 31, 2020 will be available at http://ir.syzygy.de from April 30, 2020.


About the SYZYGY Group
SYZYGY is a leading consultancy and implementation partner for transformation of marketing and sales. 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.
Founded in 1995, the SYZYGY Group employs some 600 people across four countries. It has offices 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 Group includes Polish design studio Ars Thanea and consultancy USEEDS , which specialises in customer centricity. Its clients include prestigious brands such as Lufthansa, AVIS, BMW, comdirekt bank, Commerzbank, Daimler, Deutsche Bank, Kyocera, Mazda, Miles & More, o2, PayPal, Porsche, health insurer Techniker Krankenkasse and Volkswagen.


Contact:
Susan Wallenborn
Investor & Public Relations Manager
[email protected]


28.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: SYZYGY AG
Horexstraße 28
61352 Bad Homburg v.d.H.
Germany
Phone: 06172 9488100
E-mail: [email protected]
Internet: www.syzygy.de
ISIN: DE0005104806
WKN: 510480
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1031365

 
End of News DGAP News Service

1031365  28.04.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 57,31 64,27 60,67 65,82 64,24 55,52 61,50
EBITDA1,2 7,39 7,37 6,18 8,72 10,88 9,65 10,90
EBITDA-Marge3 12,89 11,47 10,19 13,25 16,94 17,38 17,72
EBIT1,4 5,27 5,60 4,10 6,07 5,50 4,00 5,25
EBIT-Marge5 9,20 8,71 6,76 9,22 8,56 7,20 8,54
Jahresüberschuss1 4,86 5,10 4,24 4,89 3,54 2,08 3,10
Netto-Marge6 8,48 7,94 6,99 7,43 5,51 3,75 5,04
Cashflow1,7 -2,42 5,93 4,78 16,56 -4,46 10,01 0,00
Ergebnis je Aktie8 0,37 0,39 0,39 0,35 0,26 0,15 0,23
Dividende8 0,37 0,38 0,39 0,40 0,00 0,15 0,20
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - 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

INVESTOR-INFORMATIONEN
©boersengefluester.de
Syzygy
WKN Kurs in € Einschätzung Börsenwert in Mio. €
510480 6,440 Kaufen 86,94
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
21,47 24,23 0,89 18,78
KBV KCV KUV EV/EBITDA
1,65 8,69 1,57 8,33
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,15 0,20 3,11 28.05.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
30.04.2021 28.07.2021 27.10.2021 30.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-5,13% -1,24% 12,98% 30,36%
    
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