Syzygy AG announced earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported sales were EUR 15,689,000 compared to EUR 15,424,000 a year ago. EBIT was EUR 1,442,000 compared to EUR 1,104,000 a year ago. Net income was EUR 1,075,000 compared to EUR 920,000 a year ago. Earnings per share was EUR 0.08 compared to EUR 0.07 a year ago.

The company group is confirming its forecast for 2019 and expects sales growth in the upper single-digit percentage range in the current financial year, with a rise in EBIT of around 10%.