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Syzygy AG ( (DE:SYZ) ) has issued an announcement.
Syzygy AG reported an operating result increase of 40%, reaching EUR 5.7 million, despite a 3% decline in net sales to EUR 69.4 million. The company’s main market, Germany, saw a slight sales decrease, while significant growth was noted in Poland. However, net sales in the UK and USA decreased sharply. The company’s focus remains on AI-based solutions and operational excellence, though a goodwill amortization charge led to a net income loss, resulting in no dividend payment for 2024. The company aims to maintain its EBIT margin at 8% next year, expecting a slight decline in net sales.
More about Syzygy AG
YTD Price Performance: 0%
Average Trading Volume: 5
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €41.31M
For an in-depth examination of SYZ stock, go to TipRanks’ Stock Analysis page.
