UK revenue up 12% in first nine months for SYNERGIE
SYNERGIE has released its results for the first nine months of 2018.
With a network of 710 agencies and consolidated turnover of €1,891.2m, SYNERGIE generated growth over nine months of +11.6 % in relation to 2017 (+7.1 % on a like-for-like basis).
The Group’s expansion outside of France continued at a strong pace over the period, reaching €996.1m (+18.0 %), with net increases in its strongest regions: +16.4 % in southern Europe, +6.9 % in the Benelux countries. Growth in the Austrian subsidiary, which was integrated in November 2017, was confirmed in the third quarter (+17.9 %), while the UK activity regained momentum (+12.4 % on a like-for-like basis). International activity now accounts for 53 % of consolidated activity.
In France, turnover reached €895.1m (+5.2 %), with SYNERGIE remaining selective to preserve its profit margins; digital services company DCS EASYWARE, which was integrated in June 2018, saw growth of nearly 10% over the quarter. In a more strained recruitment environment, SYNERGIE maintained its solid positions both in France and internationally by optimising its cross-sourcing offer and investing in training for both temporary and permanent employees. Confident in its performances and benefiting from a stronger financial structure, SYNERGIE Group is actively seeking opportunities for external growth, notably with a view to expansion in Nordic countries and Eastern Europe.
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