Syzygy AG reported earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company's sales were €16,405,000 against €13,974,000 a year ago. EBIT was €1,479,000 against €1,208,000 a year ago. Earnings before tax were €1,883,000 against €1,732,000 a year ago. Net income was €1,376,000 against €1,315,000 a year ago. Earnings per share was €0.10 against €0.10 a year ago. Operating cash flow was €1,070,000 against negative cash flow €1,900,000 a year ago.

For the six months, the company's sales were €30,830,000 against €27,633,000 a year ago. EBIT was €2,954,000 against €2,546,000 a year ago. Earnings before tax were €3,754,000 against €3,626,000 a year ago. Net income was €2,723,000 against €2,709,000 a year ago. Earnings per share were €0.20 against €0.20 a year ago. Operating cash flow was €1,211,000 against negative cash flow €3,062,000 a year ago.

Due to ongoing positive prospects, the company is maintaining its forecast for the 2016 financial year and expects to increase sales to some €65.0 million.