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Synergie SE — Earnings Release 2014
Oct 22, 2014
1690_iss_2014-10-22_cb0217b9-0ebc-4001-bf4b-87bcc6eb3664.pdf
Earnings Release
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PRESS RELEASE
Mr Daniel AUGEREAU Chairman and CEO
LEADING FRENCH INDEPENDANT GROUP IN HR SERVICES
5th EUROPEAN NETWORK
15 COUNTRIES WORLDWIDE
600 OFFICES
2,315 PERMANENT EMPLOYEES
95,000 CUSTOMER COMPANIES
SYNERGIE confirms its excellent start to 2014, with consolidated turnover over nine months of €1,238.5 million, up by 11.6% versus 2013 (10.7% on like-for-like basis), outperforming all of its markets, with growth still very strong abroad (+17.0%) and in France (+7.4% in a market up by only 0.5% according to the Prisme data to end August).
With €566.1 million (46.4% of global turnover in the 3rd quarter), International operations show sharp increases mainly in Europe where the Group has become a major player, particularly in Spain where, after having successfully integrated the SOLEMPLEO network (€10.5 million over nine months), growth reached 50.7% (+32.5% on like-for-like basis), which will allow it to pass the €100 million mark in the current financial year.
The same is true in Portugal (+43.7%), in the United Kingdom (+15.8% at constant exchange rates), in Belgium (+12.3%), in Germany (+8.8%) and in Italy (+8%).
This increase bears witness to the relevance of the strategic choices made by the General Management and to the significant efforts made in growth sectors such as aerospace, renewable energy and specialised tertiary business, which rely on highly innovative offerings (OpenCenters, Global Cross Sourcing, etc).
The Group should continue its development in the 4th quarter, with the workforce on assignment having exceeded 50,000 employees (F.T.E.) seconded daily since June.
Backed by this performance and by its financial solidity, SYNERGIE is considering new acquisitions to accelerate its growth in France and internationally. It should generate consolidated turnover up by 10% in 2014 in line with its targets.
NEXT APPOINTMENT
Publication of the 2014 annual turnover on Wednesday 28 January 2015 after the close of Stock Market trading
CONTACT: SYNERGIE Finance Department - Yvon Drouet - Tel: +33(0)1 44 14 90 20 - [email protected] www.synergie.com ISSUED CAPITAL: 121 810 000 € - NYSE EURONEXT B - ISIN FR0000032658 - TRADING SYMBOL: SDG - REUTERS: SDGI.PA - BLOOMBERG: SDG:FP