Brief: Syzygy Q1 Operating Income Up At EUR 1.6 Mln

Syzygy AG

26/04/2022 09:55

April 26 (Reuters) - SYZYGY AG  SYZG.DE :
    * Q1 SALES OF EUR 13.4 MILLION (+13 PER CENT ON PRIOR-YEAR
QUARTER) AND AN EBIT MARGIN OF 11 PER CENT
    * PROPOSED DIVIDEND FOR 2021 FINANCIAL YEAR: EUR 0.20 PER
SHARE
(+33 PER CENT COMPARED TO PREVIOUS YEAR)
    * FORECAST FOR FULL YEAR 2022: SALES GROWTH OF AROUND 10 PER
CENT
WITH AN EBIT MARGIN OF 10 PER CENT BEFORE SPECIAL FACTORS
    * NET INCOME IN Q1 AFTER TAXES IS AROUND EUR 1.1 MILLION
    * Q1 OPERATING INCOME RISES TO EUR 1.6 MILLION (+4 PER CENT
ON
PRIOR-YEAR QUARTER)

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

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