Syzygy AG reported earnings results for the second quarter of 2012. In the second quarter 2012, the company generated sales of EUR 7.9 million, an 11% rise compared to last year. The Germany segment performed particularly well: Strong business with existing as well as renowned new clients resulted in sales growth of 18%. Due to investments in the expansion of the company, operating income was down 25% to EUR 0.6 million. Financial income amounted to EUR 0.3 million (+4%). Income before taxes decreased by 18% to EUR 0.9 million. Due to tax effects resulting from successful judicial proceedings on the recognition of impairment losses on foreign subsidiaries, net income was up 915% to EUR 7.3 million, compared to EUR 718,000 for the last year. As a result, the company reported earnings per share of EUR 0.57, compared to EUR 0.06 for the last year. For the first half, the company reported sales of EUR 15.346 million, compared to EUR 14.530 million for the last year. EBIT was EUR 1.393 million, compared to EUR 1.632 million for the last year. Net income was EUR 8.017 million or EUR 0.63 per share, compared to EUR 1.508 million or EUR 0.12 per share for the last year. For the current financial year, the company aims at a significant sales growth and expects an operating income on last year's level. Furthermore, the company expects earnings per share to reach EUR 0.72 in 2012.