2019 Annual Results

Paris, 1 April 2020, 6.00 p.m.
                                                           

2019 annual results

Turnover: €2,642 million
Net profit: €63.4 million

The Executive Board of SYNERGIE, chaired by Daniel AUGEREAU, met on 30 March 2020 and approved the financial statements for the year ended 31 December 2019. The auditing procedures for these financial statements are complete and the corresponding report is being issued.

Consolidated - in € million	2019	2018
Turnover	2,642.3	2,551.1
EBITDA	138.5	137.2
Current operating profit *	121.7	128.4
Profit before tax	112.6	117.6
Tax expense	(49.3)	(35.1)
Net profit **	63.4	82.5

* before amortisation and impairment of intangible assets
** Impact on net profit of conversion of the CICE (competitiveness and employment tax credit):

• €20.4 million

€2,642.3 million in turnover                                                          

SYNERGIE, Europe's fifth largest human resources management company, posted turnover of €2,642.3 million in 2019, up 3.6% in relation to 2018 (+2% on a like-for-like basis).

In France, turnover came out at €1,280.7 million, up 6% (4.6% on a like-for-like basis), with a very good performance in temporary employment (+4.7%) in a market that is shrinking by 1.1% according to Prism’Emploi.