Brief: Syzygy 9-month Net Income Down 19% To EUR 3.0 Million

Syzygy AG

23/10/2019 11:12

Oct 23 (Reuters) - Syzygy AG  SYZG.DE :
    * SALES DOWN SLIGHTLY BY 1 PER CENT TO EUR 47.6 MILLION IN
NINE-MONTH PERIOD
    * 9-MONTH NET INCOME EUR 3.0 MILLION
    * OUTLOOK FOR 2019: SALES AT PREVIOUS YEAR'S LEVEL OVERALL,
WITH
POSITIVE BUSINESS PERFORMANCE IN GERMANY CONTRASTING WITH A
DECLINE IN INTERNATIONAL BUSINESS; OPERATING EBIT MARGIN OF 8 TO
9 PER CENT EXPECTED
    * 9-MONTH EBIT) DECREASED BY 8 PER CENT TO EUR 4.2 MILLION,
WITH
EBIT MARGIN DECLINING SLIGHTLY FROM 9.5 PER CENT TO 8.7 PER CENT

Source text for Eikon:  ID:nEQ255FRRa 
Further company coverage:  SYZG.DE 

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