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View All NewsFrance – Synergie reports full year revenue up 16.2% on a like-for-like basis
French staffing firm Synergie (SDG: PAR) published its full year revenue for the year ended 31 December 2017 of €2,323.2 million, an increase of 16.2% on a like-for-like basis when compared to the same period in the previous year. Reported year-on-year growth was 16.6%.
Synergie reported fourth-quarter revenue earlier this year with revenue up 19.7% on the year.
(€ millions) | 2017 | 2016 | Change | Like-for-like |
Revenue | 2,323.2 | 1,991.8 | 16.6% | 16.2% |
Operating Profit | 116.2 | 96.0 | 21.0% | N/A |
Profit Before Tax | 115.1 | 93.2 | 23.6% | N/A |
Net Profit | 81.5 | 65.0 | 25.4 | N/A |
The company’s international business, which accounts for 50.5 % of consolidated revenue, posted revenue of €1,172.6 million, up 22.3 % on the year.
Revenue in France reached €1,150.6 million, up 11.4 %.
Synergie reported consolidated growth at the end of February surpassing 15 %, underpinning its turnover target for the current year of €2.6 billion.
In trading today Synergie traded at €51.40, down 0.96% and 4.10% 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 €1.25 billion.