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Synergie revenue up 12% in second quarter

July 26, 2018

Synergie, a Paris-based staffing firm with international operations, reported second-quarter revenue rose 11.7% with much of the growth happening outside France. The firm ranks as one of the world’s largest staffing companies, and it has operations in Canada.

(€ millions) Q2 2018 Q2 2017 % change Q2 2018 (US millions)
International revenue € 337.8 € 284.4 18.8% $393.5
Revenue from France € 311.0 € 296.4 4.9% $362.2
Total € 648.8 € 580.8 11.7% $755.7

The company, which operates in 16 countries, stated that it is actively studying acquisition opportunities to speed up its growth, principally internationally, to hit turnover of €2.6 billion over the current financial year.

Shares in Synergie closed down 1.76% to €41.75 at the close of market today in Europe. The company had a market cap of €1.00 billion.