AI assistant
Synergie SE — Earnings Release 2013
Jan 29, 2014
1690_iss_2014-01-29_7266eefa-b081-4f62-9e2f-e9ae1ed0c9f6.pdf
Earnings Release
Open in viewerOpens 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.