SYZYGY AG reported group earnings results for the first quarter ended March 31, 2016. For the quarter, the company's sales were EUR 14,425,000 compared to EUR 13,659,000 a year ago. EBIT was EUR 1,475,000 compared to EUR 1,338,000 a year ago. Net income was EUR 1,347,000 compared to EUR 1,394,000 a year ago. Earnings per share was EUR 0.10 compared to EUR 0.10 a year ago. Net income before special factors and tax was EUR 1,871,000 compared to EUR 1,894,000 a year ago. Adjusted pre-tax income increased 11% to EUR 1.9 million. Adjusted pre-tax income was EUR 1.9 million.

The company provided earnings guidance for the second quarter and full year 2016. For the quarter, the company expects to achieve a significant increase in sales.

For the year, the company is raising its sales forecast. Instead of EUR 63.0 million, the agency group now expects to generate sales of EUR 65.0 million in the current financial year. Operating income is expected to increase ahead of sales. The individual segments will contribute to this growth in roughly equal measure.