PRESS RELEASE | 27 April 2022, 5.45pm

WWW.SYNERGIE.COM

Mr Victorien VANEY

Chairman and Chief Executive Officer

STRONG Q1 GROWTH TURNOVER:

€690.6 MILLION (+16.3%)

Leading

French independant

Group in

HR services

5th

€ million

Q1 2022

Q1 2021

Change

France International

284.7 405.9

250.5 +13.6%

343.3 +18.3%

Total

690.6

593.8

+16.3%

European network

17

After setting new records in 2021, SYNERGIE began 2022 with strong growth, reporting consolidated turnover of €690.6 million, up 16.3% on 2021 (+16.0% like-for-like).

Countries worldwide

770

Offices

The Group's multi-sector/multi-client positioning in all the countries where it operates once again enabled it to capture new markets both in growth sectors (logistics, call centres, healthcare, agri-food, environment and digital) and in traditional sectors, where the recovery that began in 2021 has gained momentum. Meanwhile, measures taken to deal with sourcing pressures have paid off.

4,600

Permanent employees

Sales were once again driven by international business (58.8% of consolidated sales), primarily by Southern Europe (+23.9%), where Italy remains the driving force with turnover of €175.1 million (+30.3%), now representing over 25% of the Group's sales. Northern and Eastern Europe (+10.1%) together with non-Europe (+20.2%) also performed well.

Our turnover in France came to €284.7 million (€271 million excluding digital services), up 13.6%. Growth continued in sectors that showed strong recovery in 2021, in particular civil engineering (major projects), food processing related to catering, retail and aerospace, which are now in good shape. Sales were also boosted by the minimum wage increase.

Our Digital Services subsidiaries generated turnover of €18.1 million, up 6.2% over the quarter, with a particularly strong performance in France.

Thanks to investments made in recent years and its commitments as a responsible company, the SYNERGIE Group confirms its target of over €3 billion in full-year turnover.

NEXT EVENTS

  • • General Meeting 23 June 2022

  • • Publication of Q2 2022 turnover on Wednesday 27 July 2022 after stock market closing

ISSUED CAPITAL: 121 810 000 € - EURONEXT PARIS COMPARTIMENT B

ISIN FR0000032658 - TRADING SYMBOL: SDG - REUTERS: SDGI.PA - BLOOMBERG: SDG:FP

CONTACT : SYNERGIE Finance Department - Yvon Drouet - Tel. +33(0)1 44 14 90 20 -yvon.drouet@synergie.com

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Synergie SE published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 16:04:04 UTC.