• GBC reiterated buy on Syzygy, kept price target at EUR 2.7 for Dec. 31, 2026.
• Q1 2026 revenue fell 13.6% to EUR 12.9 million; EBIT came in at EUR 250,000.
• Management guidance reaffirmed for EUR 50 million revenue; EBIT margin seen at 3%-4%, implying EBIT of EUR 1.5 million to EUR 2 million.
• GBC expects full-year Germany revenue to drop to EUR 37.72 million from EUR 46.06 million, citing weaker demand plus loss of a mid-single-digit million-euro client budget.
• Forecasts call for UK and US revenue to rise to EUR 5.6 million from EUR 5.06 million; Poland seen broadly flat as agency work offsets weaker CGI demand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Syzygy AG published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: rc_25622), on May 06, 2026, and is solely responsible for the information contained therein.