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Synergie SE — Earnings Release 2014
Apr 23, 2014
1690_iss_2014-04-23_924a0e3d-a09e-4f4e-a76a-03fe90775021.pdf
Earnings Release
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Leading
FRENCH INDEPENDANT OF HR SERVICES
5th EUROPEAN NETWORK
15 COUNTRIES
600 AGENCIES
2,300 PERMANENT EMPLOYEES
90,000 CUSTOMER COMPANIES
ISSUED CAPITAL: €121,810 ,000
NYSE EURONEXT B ISIN FR0000032658 TRADING SYMBOL: SDG REUTERS: SDGI.PA BLOOMBERG: SDG:FP
www.synergie.com
NEXT APPOINTMENTS:
General Meeting on Wednesday, 18 June 2014
Publication of the 2nd quarter 2014 turnover on Wednesday, 23 July 2014, after the market closing
CONTACT:
SYNERGIE Finance Department Yvon Drouet Tel: +33(0)1 44 14 90 20 [email protected]
Paris, 23 April 2014, 5:45 PM
Strong turnover increase in the 1st quarter of 2014: €373.1 million (+13.7%)
Mr. Daniel AUGEREAU Chairman and CEO
| in €M | Q1 2014 | Q1 2013 | Change |
|---|---|---|---|
| France | 202.2 | 187.1 | +8.0% |
| International | 170.9 | 141.1 | +21.1% |
| Total | 373.1 | 328.2 | +13.7% |
Confirmation of the excellent start for 2014, as SYNERGIE posts a consolidated turnover of €373.1 million (+13.7%), a sharp increase relative to 2013.
As such, the Group is outperforming the market in most of the countries where it is currently present.
In France, the turnover is equal to €202.2 million, i.e. growth of 8% over the quarter, in a market in which seconded personnel declined by 3.5% (source: PRISME).
The International development is maintaining its excellent momentum, in Canada, Australia and in Northern Europe, where the network's activity was already high in 2013.
This is also the case in Southern Europe, where the resumption of growth was already visible in the second half of last year.
As such, after having successfully integrated the SOLEMPLEO network (€3.1 million over the quarter), SYNERGIE Spain posted 54% growth (+35% with constant perimeter) and is expected to exceed €100 million in 2014.
Moreover, significant improvements were seen in Great Britain (+27.5% with constant currency), Germany (+19.1%), Belgium (+12.7%) and Italy (+12.6%), countries that are fully benefiting from their respective economic rebounds.
The International turnover now represents 46% of the Group's consolidated turnover.
These performances are indicative of the relevance of the strategic choices decided by the General Management and of the significant efforts undertaken in rapidly expanding sectors such as aeronautics, renewable energies and specialised tertiary business lines, all of which are in addition to the Group's constant development both within and outside of France.