French staffing firm Synergie (SDG: PAR) reported revenue for the second quarter of €580.8 million, up 14.9% compared to the same period last year.

Synergie surpassed the billion-euro threshold for the first time for a half-year period during H1 2017.

The group stated that after factoring in the number of working days, activity levels improved further in the second quarter and outperformed its markets in several of the countries in which it operates.

The group's growth outside of France was up 20.5% in H1, boosted by southern Europe (+29.8 % over six months) and the Benelux countries (+13.7 %), with all other geographical areas also registering growth.

Synergie stated that at the start of the third quarter, more than 70,000 employees were placed daily with clients, a new record. These performances result both from investments made (recruitment of consultants, stronger presence in targeted growth sectors, training programmes, etc.) and developments on the markets in which the group operates.

Looking forward, Synergie is actively studying new acquisitions to speed up its growth, especially internationally, with the objective of achieving turnover of over €2.2 billion over the current financial year, and a net improvement of its profitability.

In trading today, Synergie traded at €39.30, up 0.82% on the day and 18.13% below its 52-week high of 48.00, set on 26 June 2017. Based on its current share price the company has a market value of €949.63 million.