Syzygy AG
SYZYGY AG: SYZYGY generates sales of EUR 14.9 million and grows by 6 per cent in core German market
DGAP-News: SYZYGY AG
/ Key word(s): Quarterly / Interim Statement
The SYZYGY Group started the new 2020 financial year with sales of EUR 14.9 million, which corresponds to a 5 per cent decrease compared to the same period of the previous year. The SYZYGY Group’s business grew again by 6 per cent in the core German market, with sales of around EUR 12.3 million and a continuing strong EBIT margin of 13 per cent. Internationally, there was a significant decline in sales, leading to a loss of EUR 0.2 million. The SYZYGY Group’s operating income (EBIT) came in at EUR 1.1 million, with the EBIT margin declining from 9.2 per cent to 7.4 per cent. Financial income was slightly negative at EUR -0.1 million, meaning that total net income after taxes is around EUR 0.7 million. Earnings per share are EUR 0.05.
Outlook: The full quarterly report as at March 31, 2020 will be available at http://ir.syzygy.de from April 30, 2020.
Contact: Susan Wallenborn Investor & Public Relations Manager s.wallenborn@syzygy.de
28.04.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | SYZYGY AG |
Horexstraße 28 | |
61352 Bad Homburg v.d.H. | |
Germany | |
Phone: | 06172 9488100 |
E-mail: | info@syzygy.de |
Internet: | www.syzygy.de |
ISIN: | DE0005104806 |
WKN: | 510480 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1031365 |
End of News | DGAP News Service |