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SDG Synergie

36.50
-0.20 (-0.54%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Synergie EU:SDG Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.20 -0.54% 36.50 35.90 36.60 36.60 36.50 36.60 56 16:35:21

SYNERGIE : Quarterly turnover grows to €794.1m (+7.8%)

25/10/2023 8:05pm

GlobeNewswire Inc.


Synergie (EU:SDG)
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From Jun 2023 to Jun 2024

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SYNERGIE : Quarterly turnover grows to €794.1m (+7.8%)

Quarterly turnover grows to €794.1m (+7.8%), driven by the performance in the International business and acquisitions

€mQ3 2023Q3 2022Change Q1-3 2023Q1-3 2022Change
International 473.3419.0 +12.9% 1,332.21,246.7+6.9%
France320.8317.8+0.9% 972.9921.1+5.6%
        
Total794.1736.8+7.8% 2,305.12,167.8+6.3%

In a more complex economic context, Synergie confirms the relevance of itsstrategy and in particular of its geographical diversification, with a quarterlyrevenue of €794.1M, up +7.8% compared to the previous financial year (+2.8%at constant currency and scope).The third quarter of France (40% of the consolidated) is growing by +0.9% alsodriven by a price effect in a declining overall market.International growth of +12.9% was driven by recent acquisitions in Polandand Germany which had a positive impact of +€38.3M and by organic growth(excluding exchange rate effect) of +4.4%. Southern Europe is achieving asignificant +8.1% growth driven by the good performance of Italy and Spainduring this quarter. The performance of Northern and Eastern Europe (+23.3%),benefited from the contribution of acquisitions despite economic difficulties inthe main markets of this area. The weaker turnover performance of the regionoutside Europe (-3.9% excluding exchange rate effects) is linked to that ofAustralia which follows the Group strategic decisions aimed at improving itsprofitability.Despite the macroeconomic difficulties felt in some of the markets where theSYNERGIE Group is present, we remain confident in our ability to meet theincreased needs for flexibility and agility of businesses while offering candidatesinnovative and secure human resources solutions. We confirm the prospectsannounced during the communication of our half-yearly accounts.

Next event to remember

►Publication of annual turnover figures on Wednesday 31 January 2024 after trading closes

 

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  • COMFI-Communique-Octobre2023-EN

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