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Synergie revenue up 12.7% in first half

September 12, 2018

Synergie, a Paris-based staffing firm with international operations, reported revenue for the six months ended June 30 rose 12.7% from the prior-year period to €1.24 billion (US$ 1.44 billion). The firm ranks as one of the world’s largest staffing companies; it has operations in 16 countries including Canada, Australia and many in Europe.

Growth in the international operations — outside of France — rose 19.9% in the first half to €649.8 million (US$756.9 million).

Net profit rose 2.2% in the first half to €36.6 million (US$42.6 million).

The company reported the positive impact of growth in activity was offset by the impact of various legislative or regulatory measures, particularly in France.

Shares in Synergie closed up 3.1% to €34.95 in Paris. The company had a market cap of €851.5 million.