from SYNERGIE (EPA:SDG)
SYNERGIE : Q3 2024 REVENUES
leader in Europe in HR services | Q3 2024 REVENUES In challenging market conditions, SYNERGIE Group |
17 achieves revenues of €810.5 million for the third quarter Countries of 2024, up +2.1%
worldwide
in € m | Q3 2024 | Q3 2023 | % Variance | 9M 2024 | 9M 2023 | % Variance |
International France | 497.4 313.1 | 473.3 320.8 | +5.1% -2.4% | 1,417.0 948.3 | 1,332.2 | +6.3% |
972.9 | -2.5% | |||||
Total | 810.5 | 794.1 | +2.1% | 2,365.3 | 2,305.1 | +2.6% |
800
Branches
5,600
Permanent employees
SYNERGIE achieves revenues of €810.5 million, up +2.1% (+0.2% on a like-forlike basis), despite a challenging economic climate.
This performance in a declining market shows the relevance of the Group's business model, based on a diversified portfolio of clients, sectors and countries.
International business accounted for 61.4% of total revenues over the period, 
compared with 59.6% in 2023, with a growth of 5.1% in revenues.
In France, revenues reached €313.1 million (38.6% of total revenues), down by -2.4%, despite SYNERGIE outperforming the local market. This result was caused by the significant decline in the temporary staffing market since the beginning of the year in a climate of political uncertainty.
International growth of +5.1% was driven by organic growth (excluding exchange rates impact) of +2.2% and by the acquisition of IPA in Australia (consolidated from July 2024), which generated €12.7 million over the period.
Despite the macro-economic difficulties in its markets, SYNERGIE remains confident in its ability to continue growing its revenues during the last quarter.
NEXT MEETINGS
• Publication of 2024 Revenue on Wednesday January 29th, 2025, after market closing
ISSUEDCAPITAL: €121810 000 - EURONEXTPARIS COMPARTIMENTB - ISIN FR0000032658- TRADING SYMBOL: SDG - REUTERS: SDGI.PA- BLOOMBERG: SDG:FP CONTACT: SYNERGIE Finance Department - Yannick OUVRARD - Tel. +33(0)1 44 14 90 25 - yannick.ouvrard@synergie.com