Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Synergie SE Earnings Release 2013

Jan 29, 2014

1690_iss_2014-01-29_7266eefa-b081-4f62-9e2f-e9ae1ed0c9f6.pdf

Earnings Release

Open in viewer

Opens in your device viewer

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 APPOINTMENT:

Publication of the 2013 annual earnings on 9 April 2014 after the Market closing

CONTACT:

SYNERGIE Finance Department Yvon Drouet Tel: +33(0)1 44 14 90 20 [email protected]

Paris, 29 January 2014, 6 PM

Record 2013 turnover of €1,519.7 million, an increase of 13.1% over the 4th quarter, and very encouraging prospects for 2014

Mr Daniel AUGEREAU Chairman and CEO

In €M Q4
2013
Q4
2012
Var. 2013 2012 Var.
International 185.0 157.0 +17.8% 669.0 615.1 +8.8%
France 224.9 205.4 +9.5% 850.7 833.7 +2.0%
Total 409.9 362.4 +13.1% 1,519.7 1,448.8 +4.9%

To 31 December 2013, the consolidated turnover of the Group, now the no.5 in Europe in Overall Human Resources Management, reached an historic high: €1,519.7 million, an increase of 4.9% relative to 2012.

In the 4th quarter, thanks to the improved expertise within its 600 agencies, the SYNERGIE Group once again strongly outperformed its market in all of the 15 countries where it is established, with the International side growing by 17.8% and now representing 45% of its turnover, along with a net improvement in France: +9.5% where the business was down by nearly 7% since the start of the year.

All of the subsidiaries contributed to these excellent results, with noteworthy developments most particularly in the United Kingdom (+24.1%), Germany (+20.5%), Italy (+20.1%) and in Belgium (+14.5%), while the Iberian Peninsula enjoyed a clear recovery (+29.4%).

These performances confirm the relevance of the strategic choices made in France and internationally, and of the investments carried out in high potential sectors such as aeronautics, the specialised tertiary sector, the development of OpenCenters and of Global Cross Sourcing (international secondment of skills), while relying on the Group's totally integrated network.

2014 Objectives

In the context of an economic recovery, particularly on the International side, SYNERGIE and its 2300 employees have set a growth objective in the area of 10% of the turnover, while protecting the profitability.