Syzygy AG reported earnings results for the fourth quarter of 2015. For the period, the company has generated high organic growth in the double-digit range for the fourth year in succession and exceeded its own forecast for growth in 2015. Provisional figures indicate that sales increased significantly by 21% to more than EUR 57.2 million. Operating income rose by around 38% to approximately EUR 5.3 million. The figure for financial income is EUR 2.0 million.

Given that the tax rate is now considerably higher, for the fourth quarter of 2015 net income of EUR 5.0 million is expected. Earnings per share will consequently be around EUR 0.37.

The Group expects sales to increase by more than 10% to at least EUR 63 million in the fiscal 2016.