Synergie, the Paris-based staffing firm, reported third-quarter revenue rose 3.0% to €652.8 million when compared to the previous year.

The group also reported revenue for the nine months ended 30 September 2019 of €1.96 billion, up 4% from 2018, and 2.2% on a like-for-like basis.

In France, nine-month revenue reached €954.5 million, up 6.6%, and 4.6% on a like-for-like basis. The group cited an ‘excellent performance’ from temporary employment (up 4.7% in a market down 1.2% at the end of August according to the French staffing association, Prism’emploi) and strong growth by DCS Easyware, the digital services company consolidated in June 2018, which generated revenue of €31.9 million over nine months (up 7.5%).

International revenue, which comprised 51.5% of total revenue during the nine month period, came to €1.01 billion, up 1.7%, or 0.1% on a like-for-like basis, with contrasting performances from region to region: Southern Europe was up 4.3% while Northern and Eastern Europe contracted by 3.7%.

“Our active development strategy has been confirmed by the investments made over the last three years in the recruitment of expert consultants, digitisation and IT tools, intensive training initiatives for temporary and permanent employees, and the positioning of Synergie, which is now a leader in several growth sectors,” the group stated.

During the period, Synergie announced that it signed an agreement to acquire Australian temporary employment firm Entire Recruitment.

Synergie said it was confident in its performances and is benefiting from a stronger financial structure. It added that it is actively seeking opportunities for external growth, primarily in Europe.

In trading today Synergie shares closed at €24.85, up 2.26% on the day. Based on its current share price the company has a market value of €605.39 million.