Synergie releases record year end results
Sharply higher net income: &euro32.6 million (116.2%). The Group’s high business level, along with strengthened cost control and the impact of the CICE (Competitiveness and Employment Tax Credit) in France generated a leverage effect on the current operating income that reached &euro61.6 million over the year, i.e. more than 4% of the turnover.
The consolidated operating profit improved by 59% to &euro56.8 million, with the International side making a large contribution equal to &euro17.4 million, a 69% increase relative to 2012.
Thanks to the excellent performances, notably in France, Belgium, Germany, Great Britain and Italy, the net income after taxes rose by 116% to &euro32.6 million, thereby confirming the relevance of the strategic choices made both in France and in the 14 other countries in which the Group is currently established.
In high potential sectors, the investments carried out in the domains of economics, renewable energies, specialised tertiary sectors, along with the development of the OpenCentres and of Global Cross Sourcing (international secondment of skills), the SYNERGIE clientele can now rely on a totally integrated international network.
Thanks to net indebtedness equal to only 2% of the shareholders equity in the amount of &euro225 million, as well as a high internal financing capacity (&euro22.9 million in 2013), SYNERGIE has the necessary means to continue with its development in France and abroad.
The first three months of the year once again confirmed SYNERGIE’s outperformance in all of its markets, with overall growth in excess of 10% relative to the previous year, and with the International sector now representing 46% of the consolidated business. In this context, the Group is continuing its deployment strategy in dynamic geographical zones and business sectors, particularly outside of France, with the objective of generating nearly 50% of its turnover outside of France by the end of 2014.