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Synergie SE Earnings Release 2019

Apr 24, 2019

1690_10-q_2019-04-24_1010d3d4-7cd5-4e3f-b706-2280900549e6.pdf

Earnings Release

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PRESS RELEASE | 24 April 2019, 5.45pm

Mr Daniel AUGEREAU Chairman of the Management Board

GROWTH IN FIRST-QUARTER TURNOVER: €621.2 MILLION (+5.4%)

In € million	Q1 2019	Q1 2018	Change
France	297.3	277.7	+7.1%
International	323.9	311.9	+3.9%
Total	621.2	589.6	+5.4%

SYNERGIE confirmed a good start to 2019 with consolidated first-quarter Group turnover of €621.2 million, up 5.4% in relation to 2018 (+2.5% on a like-for-like basis).

In France, turnover reached €297.3 million, up +7.1%, of which 3.1% on a like-forlike basis, with a very good performance in temporary employment (+3.2% in a market that showed growth of +1% at end-February according to Prism'Emploi) and strong growth at DCS EASYWARE, the digital services company consolidated in June 2018, which generated turnover of €11 million (+11.8%) over the quarter.

The international activity made turnover of €323.9 million (52.1% of consolidated turnover), up by 3.9% (+2.0% on a like-for-like basis), underpinned by excellent growth in Spain, the UK and Italy in particular.

Our strategy has been confirmed by the investments over the last three years in the recruitment of expert consultants, intensive emphasis on training, and the positioning of SYNERGIE, which is now a leader in growth sectors.

Drawing on its strong results and financial position, the Group is actively examining potential new acquisitions in Europe and around the world.

UPCOMING EVENTS