French staffing firm Synergie (SDG: PAR) reported revenue for the first quarter ending 31 March 2018 of €589.6 million, an increase of 14.2% when compared to the same period in the previous year and 10.9% on a like-for-like basis.

Both international and France contributed to the group’s total revenue growth in the first quarter.

According to Synergie, first quarter growth reflected investments made in previous years such as the recruitment of consultants, training initiatives, etc. as well as market developments.

In trading today, Synergie traded at €50.70, down 0.59% on the day and 5.41% below its 52-week high of 53.60, set on 20 March 2018. Based on its current share price the company has a market value of €1.24 billion.