SYNERGIE : Q3 2024 REVENUES

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SYNERGIE
SYNERGIE

Q3 2024 REVENUES

In challenging market conditions, SYNERGIE Group achieves revenues of €810.5 million for the third quarter of 2024, up +2.1%

in € m

Q3 2024

Q3 2023

% Variance

9M 2024

9M 2023

% Variance

International

497.4

473.3

+5.1%

1,417.0

1,332.2

+6.3%

France

313.1

320.8

-2.4%

948.3

972.9

-2.5%

Total

810.5

794.1

+2.1%

2,365.3

2,305.1

+2.6%

SYNERGIE achieves revenues of €810.5 million, up +2.1% (+0.2% on a like-for-like basis), despite a challenging economic climate.

This performance in a declining market shows the relevance of the Group's business model, based on a diversified portfolio of clients, sectors and countries.

International business accounted for 61.4% of total revenues over the period, compared with 59.6% in 2023, with a growth of 5.1% in revenues.

In France, revenues reached €313.1 million (38.6% of total revenues), down by -2.4%, despite SYNERGIE outperforming the local market. This result was caused by the significant decline in the temporary staffing market since the beginning of the year in a climate of political uncertainty.

International growth of +5.1% was driven by organic growth (excluding exchange rates impact) of +2.2% and by the acquisition of IPA in Australia (consolidated from July 2024), which generated €12.7 million over the period.

Despite the macro-economic difficulties in its markets, SYNERGIE remains confident in its ability to continue growing its revenues during the last quarter.

NEXT MEETINGS

• Publication of 2024 Revenue on Wednesday January 29th, 2025, after market closing

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