Brief: Syzygy FY Net Income At Around Eur 5.0 Million, Up 18 Pct

Syzygy AG

14/01/2019 17:07

Jan 14 (Reuters) - Syzygy AG  SYZG.DE :
    * SYZYGY CONTINUES TO DELIVER SUCCESS WITH 8 PER CENT GROWTH
    * FY RISE IN SALES OF 8 PER CENT TO EUR 65.3 MILLION
    * FY OPERATING INCOME INCREASED BY AROUND 48 PER CENT TO EUR
6.1
MILLION
    * FY NET INCOME AFTER TAXES WILL BE AROUND EUR 5.0 MILLION
(+18%)
    * DECIDED TO PROPOSE A DIVIDEND OF EUR 0.40 PER SHARE FOR
2018
FINANCIAL YEAR
    * EXPECTS 2019 TO SEE ANOTHER INCREASE IN SALES IN HIGH
SINGLE-DIGIT RANGE
    * OUTLOOK 2019: OPERATING INCOME (EBIT) IS EXPECTED TO RISE
SLIGHTLY AHEAD OF SALES

Source text for Eikon:  ID:nEQ3DQ9jHa 
Further company coverage:  SYZG.DE 

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