SYNERGIE : Full-year turnover: €2.190 million - Net growth in international turnover in Q4
03 Februar 2021 - 06:15PM
SYNERGIE : Full-year turnover: €2.190 million - Net growth in
international turnover in Q4
Paris, 3 February 2021
Full-year turnover: €2.190 million
Net growth in international turnover in
Q4
in €
million |
Q4 2020 |
Q4 2019 |
Change |
2020 |
2019 |
Change |
International |
351.8 |
348.6 |
+0.9% |
1,205.8 |
1,361.6 |
-11.4% |
France |
267.9 |
326.0 |
-17.8% |
984.6 |
1,280.6 |
-23.1% |
Total |
619.7 |
674.6 |
-8.1% |
2,190.3 |
2,642.2 |
-17.1% |
SYNERGIE made consolidated turnover of €2.190
million in full-year 2020 (-17.1% on a like-for-like basis), much
higher than the target of -€2 billion estimated last June.
After suffering a significant impact from the
Covid-19 pandemic at the start of the year, a recovery began in
mid-May which accelerated during the fourth quarter, leading to
turnover of €619.7 million, a decrease of only 8.1% in relation to
the fourth quarter of 2019.
SYNERGIE achieved this performance thanks to the
international expansion strategy in place for several years in the
17 countries in which the Group currently operates, and its
diversification in areas such as the environment, renewable
energies, agri-food, the medical sector and new technologies.
The international activity now accounts for 55%
of consolidated activity and held up particularly well in the
fourth quarter, with an increase of 0.9%, while it represented
full-year turnover of €1,205.8 million, slightly lower than 2019
(-11.4%).
Over the last three months of the year, activity
grew by 8.7% in Southern Europe thanks to increases across all
countries in this region, particularly in Italy. Northern Europe
shows a slight decrease of 6.9%, however, with each passing month,
Belgium, the UK and Germany gradually moved closer to 2019
levels.
In France, our employment agencies made turnover
of €256.7 million in Q4 (-18.5%) and €941.4 million over the full
year (-23.9%), with the aeronautical and car manufacturing
activities having been most affected.
In digital services, in which the Group has been
present since June 2018 through its subsidiary DCS EASYWARE,
turnover reached €62.7 million compared with €46.9 million in 2019,
demonstrating the success of its diversification both in France and
internationally, and the successful integration of the Spanish
digital services specialist TIGLOO.
In an economic environment in which compliance
with health regulations is the primary concern, flexibility in
human resources management has become a significant attribute for
the companies that use our services, thus opening up the prospect
of growth in our activity in 2021.
SYNERGIE has a very solid financial structure
and a strong cash position, and therefore has the means to pursue
its expansion and carry out new acquisitions both in France and
outside France.
Next event: Publication of the 2020
annual results on 31 March 2021 after market.
- 760 - Full-year turnover €2.190 million - Net growth in
international
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