French staffing firm Synergie (SDG: PAR) reported revenue yesterday of €1.09 billion for the six months ending 30 June 2017, an increase of 16.5% on a like-for-like basis compared with €942.8 million during the same period last year.

Synergie reported net profit of €35.8 million, an increase of 36.6% compared to the previous year. The group also posted consolidated current operating profit (before amortization and write-downs of intangible assets) of €59.2 million, up 38.2% over last year.

The group added that its revenue increase was attributed to strong growth in France and continued international expansion. Synergie published its second quarter figures earlier this year with revenue of €580.8 million, an increase of 14.9% compared to the previous year.

In its forward-looking statement, Synergie Group stated that it intends to build on these performances to continue to grow over the second half of the year, targeting turnover in excess of €2.2 billion in 2017 and a significant improvement in its profitability.

In trading yesterday, Synergie traded at €42.65, up 4.02% on the day and 11.15% 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 €998.84 million.