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Synergie SE — Earnings Release 2014
Jul 23, 2014
1690_iss_2014-07-23_e8a9eb21-70e5-45a2-9092-0d52265752a0.pdf
Earnings Release
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PRESS RELEASE
TURNOVER FOR THE 1ST HALF OF 2014: €793.7 MILLION (+12.8%)
STRONG INTERNATIONAL DEVELOPMENT: +19.2%
| in M€ | Q2 2014 | Q2 2013 | Variation | H1 2014 | H1 2013 | Variation |
|---|---|---|---|---|---|---|
| International | 188,8 | 160,7 | +17,5% | 359,8 | 301,8 | +19,2% |
| France | 231,8 | 214,5 | +8,1% | 433,9 | 401,6 | +8,1% |
| Total | 420,6 | 375,2 | +12,1% | 793,7 | 703,4 | +12,8% |
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 for 2014, with a consolidated turnover for the first 6 months of €793.7 million, a 12.8% increase relative to 2013 (11.9% on a likefor-like basis).
The Group is therefore outperforming all of its markets, with continuing very high International growth (+19.2%) as well as in France (+8.1% in a market that has only increased by 0.4% according to Prisme data at the end of May).
With a turnover of €359.8 million, the International side now represents 45.3% of the business, with strong increases having been seen mainly in Europe where the Group has become a major player, most notably in Great Britain (+21.2% with constant currency), Germany (+13.1%), Belgium (+13.9%) and Italy (+8.9%), with these countries fully benefiting from their respective economic rebounds.
For example, after having successfully integrated the SOLEMPLEO network (€6.5 million over the half-year), SYNERGIE Spain posted 55.9% growth (+36.9% on a like-forlike basis), which should take it across the €100 million threshold in 2014.
These performances are indicative of the relevance of the strategic choices made by the General Management and of the significant efforts made in rapidly expanding sectors such as aeronautics, renewable energies and specialised tertiary business lines, all of which are building on highly innovative offers (OpenCenters, GlobalCross Sourcing …).
The Group should once again surpass its highest historical levels during the 3rd quarter, with the number of daily assigned personnel members having exceeded the 50,000 person threshold (FTP) in June.
Building on its performances and financial solidity, the Group is planning new acquisitions in order to accelerate its growth in France and on the International stage, while expecting a turnover up by 10% in 2014, in accordance with its objectives.
NEXT APPOINTMENT
Publication of the 2014 half-yearly results on Wednesday 10 September 2014 after the Market closing
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