2024 HALF-YEAR REVENUES
24 Juli 2024 - 6:13PM
UK Regulatory
2024 HALF-YEAR REVENUES
2024 HALF-YEAR REVENUES
In a challenging economic climate, SYNERGIE Group achieves
revenues of €1,554.8 million for the first half of 2024, up
+2.9%.
| in
€ m |
Q2
2024 |
Q2
2023 |
Change |
H1
2024 |
H1
2023 |
Change |
|
International |
471.6 |
446.6 |
+5.6% |
919.5 |
859.1 |
+7.0% |
|
France |
331.8 |
339.9 |
-2.4% |
635.2 |
652.1 |
-2.6% |
|
Total |
803.4 |
786.5 |
+2.1% |
1,554.8 |
1,511.3 |
+2.9% |
In a challenging economic climate, SYNERGIE shows the relevance
of its strategy and in particular of its geographical
diversification, with half-year revenues of €1,554.8 million, up
+2.9% vs. 2023 (+1.6% on a like-for-like basis). International
business accounted for 59.1% of total revenues over the period,
compared with 56.8% in 2023.
In France, revenues reached €635.2 million (40.9% of total
revenues), marked by a decline of -2.6% in revenues due to the
staffing market volume decrease in the first half of the year, with
a significant slowdown in the last 2 months in a context of
uncertainty in France, despite the fact that SYNERGIE outperformed
the market during the first six months of 2024.
International revenues increased by +7.0% driven by organic
growth (excluding exchange rates impact) of +4.8% and the perimeter
impact of the acquisition of the RUNTIME Group in Germany (May
2023), which generated €16.2 million over the period. The
performance of Northern and Eastern Europe (+9.6%) remained strong
despite the economic slowdown also felt in these countries.
Southern Europe continued to grow, with a good performance (+6.4%)
thanks to the commercial drive of our Italian and Spanish
businesses.
Despite the challenging economic climate in its main markets and
some unfavorable regulatory impacts in certain countries, SYNERGIE
continues to invest in the Group's future with an effect on the
operating profitability to be expected in the first half of 2024
compared to 2023.
The SYNERGIE Group remains confident in its ability to continue
growing its revenues during the next semester but is cautious on
its capacity to improve its operating profitability in the second
half of the year.
NEXT MEETINGS
• Publication of H1 results on Wednesday September 25th, 2024,
after market closing
- Repg 2024.06 - Communiqué CA S1 EN
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