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Synergie SE — Earnings Release 2022
Jul 27, 2022
1690_iss_2022-07-27_50862b5f-ab4a-473b-bd80-cbbfcdbd940e.pdf
Earnings Release
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PRESS RELEASE | 27 July 2022, 5.45pm
Mr Victorien VANEY Chairman and Chief Executive Officer
SHARP INCREASE IN FIRST-HALF TURNOVER: +11.7%
5th European network
| In € million | Q2 2022 | Q2 2021 | Change | H1 2022 | H1 2021 | Change |
|---|---|---|---|---|---|---|
| International | 420.7 | 395.0 | +6.5% | 826.6 | 738.3 | +12.0% |
| France | 318.5 | 291.7 | +9.2% | 603.2 | 542.2 | +11.2% |
| Total | 739.2 | 686.7 | +7.6% | 1,429.8 | 1,280.5 | +11.7% |
After a sharp increase during the second quarter (+7.6%), SYNERGIE reports first half turnover of €1,429.8 million on a like-for-like basis (+11.7% relative to 2021).
Achieved through the diversification strategy pursued in all countries where the Group operates as well as its ability to cope with tensions in sourcing, the performance was well ahead of the Group's previous record highs (€1,295.4 million in 2019).
During the period, momentum in turnover was well balanced between France (+11.2%) and International business (+12%), which represents nearly 58% of consolidated turnover. Growth was especially strong in Southern Europe (+17.3%) where Italy still plays a key role, with turnover of €367 million, or more than 25% of Group turnover.
In France, first-half turnover amounted to €603.2 million (€576.1 million excluding digital services). Beyond the diversifications made, the ramp-up in aerospace contributed significantly to performance, with industry, agri-food, construction and retail also remaining strong.
Our specialised digital services subsidiaries achieved turnover of €37.1 million, once again a clear increase over the half-year (+9.1%), confirming SYNERGIE's decision to invest in this sector.
In view of this performance and remaining confident in its ability to adapt to an uncertain international backdrop, SYNERGIE is maintaining its target for €3 billion in turnover over the full-year.
NEXT EVENT
Publication of H1 results on Wednesday 21 September 2022 after the market close.
ISSUED CAPITAL: 121 810 000 € - EURONEXT PARIS COMPARTIMENT B ISIN FR0000032658 - TRADING SYMBOL: SDG - REUTERS: SDGI.PA - BLOOMBERG: SDG:FP CONTACT : SYNERGIE Finance Department - Yvon Drouet - Tel. +33(0)1 44 14 90 20 - [email protected]