International operations boosted first-quarter results at Synergie SE (SDG:PAR), a Paris-based staffing firm. Total revenue rose 3.7% year over year in the first quarter to €751.4 million, though the increase was 1.9% on a like-for-like basis.

The lion’s share of growth took place in Synergie’s international operations, where revenue rose 8.6% to €447.9 million. International revenue included organic growth of 5.7% (excluding impact of exchange rates) as well as the acquisition of Runtime Group in Germany, which had a positive impact of €11.9 million, according to the company.

Among Synergie’s international segments, the company cited a good performance in its Southern Europe segment, up 6.7%, driven by the strength of Italian and Spanish operations. Northern and Eastern Europe revenue rose 13.2% with the inclusion of Runtime.

Synergie breaks revenue down by international and French revenue. And while international revenue rose, French revenue fell 2.8% in the first quarter to €312.2 million. The company reported a decline in staffing market volume over the first few months of the year, which confirmed a trend from 2023.

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Share price

Shares in Synergie closed up 0.28% to €35.70 on 24 April in Paris, setting a new 52-week high.