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SYZ — Syzygy AG News Story

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Brief: Syzygy H1 EBIT improves to 3.0 mln euros

July 20 (Reuters) - Syzygy AG  SYZG.DE : 
    * H1 operating income (EBIT) improved significantly, 
climbing 16 per cent to 3.0 million euros ($3.30 million) 
    * Further rise in sales of 12 per cent to 30.8 million euros 
in first half of 2016 
    * H1 earnings before tax rose by 4 per cent to 3.8 million 
euros, while net income remained at around previous year's level 
when higher tax rate is taken into account 
    * Is maintaining its forecast for 2016 financial year and 
expects to increase sales to some 65.0 million euros 
 
Source text for Eikon:  ID:nEQ9v2RDk  
Further company coverage:  SYZG.DE  
 
($1 = 0.9081 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;))

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