Germany's Syzygy H1 sales fall 14%, outlook confirmed
Germany's Syzygy H1 sales fall 14%, outlook confirmed
Overview
Germany digital marketing firm's H1 sales fell 14% yr/yr to EUR 25.2 mln
Operating profit for H1 dropped 15% yr/yr, EBIT margin steady at 1.7%
Company confirmed 2026 sales and EBIT margin outlook despite challenging environment
Outlook
Syzygy AG confirms 2026 sales forecast of around EUR 50 mln
Company expects 2026 EBIT margin of 3 to 4%
Syzygy AG says challenging economic environment persists
Result Drivers
CASH FLOW IMPACT - Co said negative operating cash flow was mainly due to scheduled reduction in trade payables and other non-financial liabilities
SEGMENT MARGIN GAINS - Co reported improved EBIT margins in Germany, UK/US, and Poland segments despite lower or flat sales
Company press release: ID:nPexfChD5a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Sales |
| EUR 25.2 mln |
|
H1 Net Income |
| EUR 215,000 |
|
H1 Operating Cash Flow |
| -EUR 1.99 mln |
|
H1 EBIT |
| EUR 428,000 |
|
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy."
Wall Street's median 12-month price target for Syzygy AG is €2.98, about 137.1% above its July 28 closing price of €1.26
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 11 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)