Quarterly turnover grows to €794.1m (+7.8%), driven by the performance in the International business and acquisitions
| €m | Q3 2023 | Q3 2022 | Change | Q1-3 2023 | Q1-3 2022 | Change | |
| International | 473.3 | 419.0 | +12.9% | 1,332.2 | 1,246.7 | +6.9% | |
| France | 320.8 | 317.8 | +0.9% | 972.9 | 921.1 | +5.6% | |
| Total | 794.1 | 736.8 | +7.8% | 2,305.1 | 2,167.8 | +6.3% |
In a more complex economic context, Synergie confirms the relevance of itsstrategy and in particular of its geographical diversification, with a quarterlyrevenue of €794.1M, up +7.8% compared to the previous financial year (+2.8%at constant currency and scope).The third quarter of France (40% of the consolidated) is growing by +0.9% alsodriven by a price effect in a declining overall market.International growth of +12.9% was driven by recent acquisitions in Polandand Germany which had a positive impact of +€38.3M and by organic growth(excluding exchange rate effect) of +4.4%. Southern Europe is achieving asignificant +8.1% growth driven by the good performance of Italy and Spainduring this quarter. The performance of Northern and Eastern Europe (+23.3%),benefited from the contribution of acquisitions despite economic difficulties inthe main markets of this area. The weaker turnover performance of the regionoutside Europe (-3.9% excluding exchange rate effects) is linked to that ofAustralia which follows the Group strategic decisions aimed at improving itsprofitability.Despite the macroeconomic difficulties felt in some of the markets where theSYNERGIE Group is present, we remain confident in our ability to meet theincreased needs for flexibility and agility of businesses while offering candidatesinnovative and secure human resources solutions. We confirm the prospectsannounced during the communication of our half-yearly accounts.
Next event to remember
Publication of annual turnover figures on Wednesday 31 January 2024 after trading closes.
