Brief: Syzygy FY Net Income Of Around EUR 2.2 Million

Syzygy AG

27/01/2021 12:24

Jan 27 (Reuters) - Syzygy AG  SYZG.DE :
    * PROPOSED DIVIDEND FOR 2020 FINANCIAL YEAR: EUR 0.15 PER
SHARE
    * FY NET INCOME OF AROUND EUR 2.2 MILLION
    * OUTLOOK FOR 2021: SALES GROWTH OF AROUND 10 PER CENT AND
AN EBIT
MARGIN IN HIGH SINGLE-DIGIT RANGE
    * SALES OF EUR 55.2 MILLION IN 2020 FINANCIAL YEAR, WITH AN
EBIT
MARGIN OF AROUND 7 PER CENT
    * EXPECTS SALES GROWTH OF AROUND 10 PER CENT IN 2021
FINANCIAL
YEAR, COMBINED WITH AN EBIT MARGIN IN HIGH SINGLE-DIGIT RANGE,
REPRESENTING A SIGNIFICANT INCREASE IN PROFITABILITY.

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

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