Acorn partner Synergie records 309.9 million
Acorn partner Synergie records 309.9 million second quarter growth for 2010
Global recruiter Synergie, whose UK subsidiary is leading multi-regional recruitment and training company Acorn Recruitment, has reported greatly increased earnings of 309.9 million for the second quarter of 2010.
In the second three months of this year, Synergie witnessed a 35.6 per cent increase in sales across its operations in Europe and Canada compared to the same quarter last year, and is well-placed to achieve further gains in market share.
Despite continuing challenging conditions at the start of the year, the Group reported revenue of 309.9 million, compared with 224.2 million for the same period last year.
Cumulatively, sales in the first half of this year increased to 548.4 million, compared with 429.6 million in the first half-year of 2009, an increase of 27.7 per cent.
Second quarter sales in Europe and Canada exploded by 63.1 per cent and by 52.6 per cent in the first half of this year compared with last.
A Synergie spokesman said: The Synergie Group has seen its strategy established two years ago confirmed with the objective of increasing to 50 per cent its international sales by the end of 2011 and to consolidate its position as the fourth largest French group in the management of human resources.
Matt Southall, Group Managing Director of Acorn, which has its headquarters at Newport in South Wales, said: We are delighted that here in the UK the Acorn Group, including our subsidiaries Concept in the South West of England and Exxell in the South East, are continuing to make a significant contribution to the ongoing achievements of Synergie.
Synergie, listed on Eurolist Compartment B of NYSE Euronext Paris, is a leading independent provider of global human resources management services with a network of 550 agencies in Europe and Canada. Synergie is included in the CAC Small 90, CAC Mid and Small 180 and SBF 250 indices.