Synergie Q3 results
Net increase of the turnover in the 3rd quarter: &euro406.4 million, an increase of 7.3% relative to 2012
The consolidated business over 9 months reached an historical high point: &euro1,109.8 million
On a like-for-like basis, the consolidated turnover to 30 September 2013 was equal to &euro1,109.8 million, an increase of 2.2% relative to the first 9 months of 2012.
In the 3rd quarter, thanks to an improvement of its areas of expertise, the SYNERGIE Group outperformed its market in all countries where it is established, with double-digit growth internationally (11.6%) and a net improvement in France (4.1%), where business has dropped by nearly 10% since the start of the year.
All subsidiaries contributed to these excellent results over the course of the quarter, with notable developments particularly in the United Kingdom (23%), Germany (18.3%), Italy (14.2%) and Belgium (13.4%).
Such improvements are confirming the Group’s strategy in France and abroad, thanks to the investments carried out in high potential sectors where it has been able to deploy innovative offers: Open Centers, Tertiary and high tech job agencies, Global Cross sourcing (international secondment of skills), hyper-specialisation in aeronautics with Synergie.aéro, while relying on a highly integrated international network.
As such, the Group generated a turnover of more than &euro400 million over the quarter and an historical high over nine months.
Supported by its continued International development that now represents 45% of the Group’s activities, and by the capture of market shares in France, SYNERGIE should achieve a consolidated turnover in the area of &euro1.5 billion over the fiscal year, with a net improvement of its profitability.