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Synergie SE — Earnings Release 2015
Apr 29, 2015
1690_iss_2015-04-29_b6a5a27b-5599-44f3-984e-5088e1561afa.pdf
Earnings Release
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Mr Daniel AUGEREAU Chairman and CEO
LEADING FRENCH INDEPENDANT GROUP IN HR SERVICES
5th EUROPEAN NETWORK
15 COUNTRIES WORLDWIDE
600 OFFICES
95,000 CUSTOMER COMPANIES
PRESS RELEASE
SYNERGIE confirms its excellent start to 2015 by reporting consolidated turnover of €401.3 million (+7.6% on a like-for-like basis), up sharply from 2014.
The Group is therefore outperforming the markets in most countries where it is currently established.
International growth is gathering pace, with a total increase of 16.2%, and reached 50% of the Group's turnover in March, in line with its stated objectives.
This momentum is particularly strong in Southern Europe (+20.8%), with vigorous growth in the most significant countries: +20.3% in Italy, +21.1% in Spain, which, after a year of very strong growth in 2014, continues to benefit from the economic upturn in the Iberian peninsula.
The same is true in Belgium (+13.3%), the United Kingdom (+17.7%) and Canada (+27.1%), where the currency impact was positive.
In France, turnover increased slightly to €202.7 million, with SYNERGIE seeking to preserve its profitability in a market where the number of temporary employees on assignment was near stable, according to PRISME.
However, a recovery is expected within the next few months in France, based on an increase in companies' hiring intentions (more than 1,700,000 hirings in 2015, up 2.3% from 2014, according to a survey by Pôle Emploi), which should primarily benefit temporary employment.
This performance demonstrates the pertinence of the strategic choices made by management and significant efforts made in fast-growing sectors, such as aerospace, renewable energy and specialised services businesses, combined with the Group's constant expansion inside and outside France.
UPCOMING EVENTS
- Annual General Meeting on Wednesday 17 June 2015
- Publication of turnover for the second quarter of 2015 on Wednesday 22 July 2015 after the stock market closes
CONTACT: SYNERGIE Finance Department - Yvon Drouet - Tel: +33(0)1 44 14 90 20 - [email protected] www.synergie.com ISSUED CAPITAL: 121 810 000 € - EURONEXT PARIS COMPARTMENT B - ISIN FR0000032658 - TRADING SYMBOL: SDG - REUTERS: SDGI.PA - BLOOMBERG: SDG:FP