EANS-Adhoc: Synaxon AG reports preliminary figures for the nine-month period 2010 / Increased profit forecast

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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9-month report

12.11.2010

SYNAXON AG ISIN DE0006873805 / WKN 687 380

Ad-hoc announcement in accordance with §15 WpHG [German Securities
Trading Act]

Synaxon AG reports preliminary figures for the nine-month period 2010
/ Increased profit forecast

On the basis of preliminary figures, the sales revenue of Synaxon AG
rose by 47.4 % to EUR 14,720,000 in the first nine months of 2010
(previous year EUR 9,987,000), primarily as a result of strong growth
in online commercial operations. Operating income (EBIT) amounted to
EUR 684,000 as of September 30, 2010 (previous year: EUR 699,000);
the profit for the period was EUR 456,000 (previous year: EUR
473,000), corresponding to earnings per share of EUR 0.13 (previous
year: EUR 0.14). The company is thus already beating the forecast for
the whole of fiscal year 2010 after only nine months. This provided
for a forecast EBIT of EUR 200,000 - 300,000 as a result of increased
investment, above all in the online business. The Group benefitted
from a significant upturn in demand for IT products in the third
quarter, with a simultaneous stabilization in the price level, which
had a positive effect on the development of the retail cooperative
business and on online selling. On the basis of the nine-month
figures and the continuing fundamentally positive market prospects,
the management board is raising its profit forecast for 2010. It now
anticipates an EBIT figure of between EUR 800,000 and EUR 900,000 for
the whole year. However, if business goes well at Christmas it
believes that the company may achieve an even higher profit.

The complete interim financial report with final figures for the
period ending September 30, 2010, will be published on November 30,
2010.

end of announcement euro adhoc
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ots Originaltext: SYNAXON AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Investor Relations

Tel.: +49 521/ 96 96-292

E-Mail: ir@synaxon.de

Branche: Hardware
ISIN: DE0006873805
WKN: 687380
Index: CDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade