SYNERGIE : 2024 REVENUES

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SYNERGIE
SYNERGIE

PRESS RELEASE | January 29th 2025, 5.45pm

2024 REVENUES

Thanks to its strategy of diversification, SYNERGIE continues to grow amid an uncertain economic environment and in 2024 posted sales of €3.2 billion, up +2.4%

  in € m

Q4 2024

Q4 2023

% Variance

FY 2024

FY 2023

% Variance

International

502

483

+3.9%

1,919

1,816

+5.7%

France

317

320

-0.9%

1,265

1,293

-2.1%

Total

819

803

+2.0%

3,184

3,109

+2.4%

Despite a challenging market, SYNERGIE continued to grow over the year, setting a new sales record at €3,184 million, up +2.4% on the 2023 financial year (+0.9% on a like-for-like basis). This performance was achieved with  the contribution of all the geographical regions in which the Group operates.

International sales (+5,7%), which account for 60.3% of the Group's business, were driven by an organic growth of +3.0% and the input of acquisitions which generated €44m over the year. Growth in Northern and Eastern Europe (+3.8%) remained positive despite the economic slowdown in these countries thanks to an outstanding performance of our Belgian subsidiary in a declining market. Southern Europe continued to grow with a remarkable commercial dynamics (+5.7%) of our Italian and Spanish operations.

SYNERGIE's performance in France, with sales of €1,265 million (39.7% of the consolidated total), down -2.1%, should be seen in the context of the national market which is in sharp decline due mainly to political uncertainties and the economic difficulties of companies.

With a strong financial structure, SYNERGIE has the necessary resources to pursue actively its growth in an economic environment which, while more complex, is also a source of opportunities.

NEXT MEETING

• Publication of 2024 results on Wednesday April 2nd, 2025 after market closing

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