SYNERGIE
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SYNERGIE closes the acquisition of a majority stake in House of Flexwork Group.
Globenewswire· 2026-02-02 17:11
Core Viewpoint - SYNERGIE has successfully acquired a majority stake in HOUSE OF FLEXWORK, enhancing its presence in the Swiss staffing market and expanding its HR service offerings [1][4]. Company Overview - HOUSE OF FLEXWORK, established in 1998, is a prominent Swiss staffing agency with brands including Induserv, Hardworker, and Payroll House, operating seven branches across Switzerland [2]. - The company is projected to generate approximately CHF 75 million (EUR 80 million) in turnover for the year 2025 [2]. Transaction Details - The acquisition will integrate HOUSE OF FLEXWORK's management with SYNERGIE's Swiss operations, creating a comprehensive national platform across Switzerland [3]. - This merger will combine complementary client portfolios, particularly in sectors such as agrifood, pharmaceuticals, and logistics [3]. Leadership and Strategic Impact - The new entity will be led by Andreas Eichenberger, CEO of HOUSE OF FLEXWORK, ensuring continuity and leveraging his market expertise [4]. - This acquisition is a strategic move for SYNERGIE, positioning it to better support client growth and performance through a full range of HR solutions [4]. Future Events - SYNERGIE plans to communicate its 2025 Year End Results on April 1st, 2026, after the stock market closes [5].
SYNERGIE : 2025 REVENUE
Globenewswire· 2026-01-28 16:47
Core Viewpoint - SYNERGIE demonstrates growth in a declining market, reporting annual revenue of €3.2 billion, an increase of +1.6% compared to the previous year [1][2]. Revenue Summary - Total revenue for 2025 reached €3,235.3 million, reflecting a +1.6% increase from €3,184.9 million in 2024, with a +0.8% increase on a like-for-like basis [2]. - International revenue amounted to €1,974.8 million, up by +2.8% from €1,920.1 million in 2024, driven by strong organic growth of +1.5% despite adverse currency effects [4]. - Revenue from France was €1,260.5 million, representing 39.0% of consolidated revenue, showing a slight decline of -0.3% from €1,264.8 million in 2024 [6]. Market Performance - Southern Europe experienced strong growth of +4.8%, particularly in Spain and Italy, while Northern and Eastern Europe faced a revenue decline of -2.5% due to a slowdown in the temporary employment market [5]. - The company's ability to increase revenue in a contracting market highlights the robustness of its business model, characterized by a diversified client base, business sectors, and geographical presence [3]. Strategic Outlook - SYNERGIE remains confident in maintaining its growth momentum while adapting its organization and services to market conditions [7]. - The Group plans to actively pursue diversification and acquisition strategies to strengthen its position in key markets [7].
SYNERGIE ANNOUNCES AN AGREEMENT TO ACQUIRE A MAJORITY STAKE OF AGILUS WORK SOLUTIONS
Globenewswire· 2026-01-26 07:46
Core Viewpoint - SYNERGIE Group has signed an agreement to acquire a majority stake in Agilus Work Solutions, marking a significant step in its expansion strategy in the Canadian market [1][5] Group 1: Acquisition Details - The acquisition is subject to clearance by the Canadian Competition Bureau and does not result in an immediate transfer of control [1] - This transaction is the largest international acquisition for SYNERGIE to date, reinforcing its commitment to providing world-class HR solutions [1] Group 2: Market Opportunity - The Canadian recruitment and HR solutions market is characterized by structural labor shortages and diversified demand across key sectors, presenting a strategic opportunity for growth [2] - The growing adoption of outsourced and technology-enabled HR services supports resilient growth and long-term value creation in the market [2] Group 3: Agilus Work Solutions Overview - Founded in 1976, Agilus is the 8th largest staffing player in Canada, with a nationwide network of 14 branches [3] - In 2025, Agilus is expected to generate approximately CAD 300 million in revenues (around €190 million), reflecting its scale and market momentum [3] Group 4: Strategic Benefits of the Acquisition - The combination of SYNERGIE and Agilus networks will provide extensive national coverage across Canada and create significant value through complementary market positions, especially in engineering, IT, and professional skill sets [4] - This acquisition aims to accelerate SYNERGIE's development in Canada and achieve critical scale in the North American market [5] Group 5: Future Outlook - The transaction enhances SYNERGIE's capacity to support clients in their international growth, leveraging a full suite of global human resources solutions across 17 countries [6] - Upcoming communication of 2025 revenue is scheduled for January 28, 2026, after market close [6]
SYNERGIE strengthens its Swiss based operations with the acquisition of a majority stake in House of Flexwork Group.
Globenewswire· 2025-12-23 17:30
Core Viewpoint - SYNERGIE Group has signed an agreement to acquire a majority stake in House of Flexwork AG, aiming to strengthen its operations in Switzerland, with the transaction expected to close in the first quarter of 2026 [1][4]. Group 1: Acquisition Details - The acquisition agreement was signed on December 23, 2025, but control will not transfer immediately [1]. - House of Flexwork is projected to generate a turnover of approximately CHF 75 million (80 million Euros) in 2025 [2]. - The Swiss operations of SYNERGIE will be taken over by House of Flexwork, enhancing national coverage and client portfolios in key sectors such as agrifood, pharmaceuticals, and logistics [3]. Group 2: Strategic Objectives - This acquisition aligns with SYNERGIE's goal to accelerate development in Switzerland, a strategic market in Europe, offering a comprehensive range of HR services [4]. - The operation will enhance the Group's ability to support clients in their development and performance by leveraging its global human resources solutions across 17 countries [5]. Group 3: Management and Future Events - The new entity will be managed by Andreas Eichenberger, the current CEO of House of Flexwork and Chairman of the Swiss Staffing Association [3]. - The next significant event is the communication of the 2025 revenue, scheduled for January 28, 2026, after the stock market closes [6].
SYNERGIE announces the release of its 2025 Half-year Financial Report
Globenewswire· 2025-09-30 15:54
Core Insights - Synergie has released its half-year financial report for the period ending June 30, 2025, which is now available to the public [1] - The company generated a consolidated half-year revenue of €1,583.6 million and a net profit of €27.2 million for 2025 [2] - The next event for Synergie is the communication of the third quarter 2025 revenue scheduled for October 22, 2025, after the stock market closes [3] Company Overview - Synergie is a European leader in HR services, addressing all employment-related needs with a network of 800 branches both in France and internationally [2] - The issued capital of Synergie is €121,810,000, and it is listed on Euronext Paris under the trading symbol SDG [4]
2025 HALF-YEAR REVENUES
Globenewswire· 2025-07-23 16:10
Core Insights - SYNERGIE reported consolidated revenues of €1,582.8 million for H1 2025, reflecting a growth of +1.8% compared to the previous year, indicating resilience in a challenging economic environment [1][4] - The international business segment contributed significantly, accounting for 60.4% of total revenue in H1 2025, up from 59.2% in 2024 [1] Revenue Breakdown - International revenues increased by +4.0% in H1 2025, driven by both scope effects and organic growth of +0.9% [2] - The Northern and Eastern Europe regions experienced a decline in the temporary employment market by -1.9%, while Southern Europe showed growth of +2.9%, particularly from Spanish and Italian subsidiaries [2] - In France, H1 revenue was €626.1 million, down -1.4% from H1 2024, attributed to an unstable economic and political climate, although Q2 showed a slight recovery with a growth of +0.2% [3] Future Outlook - Despite ongoing economic and geopolitical uncertainties, SYNERGIE remains confident in its growth trajectory and is prepared to adapt its structures and service offerings as needed [4]
SYNERGIE : SYNERGIE announces the release of its 2024 Annual Financial Report
Globenewswire· 2025-04-28 16:15
Core Insights - SYNERGIE has released its 2024 Annual Financial Report, which is available on its website [2] - The company generated a consolidated revenue of €3,184.9 million in 2024, with over 60% of this revenue coming from international business [3] Company Overview - SYNERGIE is a European specialist in Human Resources Management, addressing all employment-related needs [3] - The company operates a network of 800 branches across Europe, Canada, and Australia [3] - SYNERGIE's growth strategy focuses on both organic and external growth to enhance its position as a key player in the European market [3] Financial Information - The capital of SYNERGIE is €121,810,000 [4] - The company is listed on Euronext Paris under the ISIN FR0000032658 and the ticker symbols SDG [4]
Synergie : Revenues 1st Quarter 2025
Globenewswire· 2025-04-23 16:52
Core Insights - SYNERGIE reported Q1 2025 revenues of €757.5 million, reflecting a growth of +0.8% compared to Q1 2024, with international sales contributing significantly to this increase [2][3] Revenue Breakdown - Total sales for Q1 2025 were €757.5 million, up from €751.4 million in Q1 2024, with a like-for-like decline of -1.2% [2] - International sales reached €463.7 million, marking a growth of +3.5% year-on-year, while sales in France were €293.8 million, down -3.2% [2][4] - International business accounted for 61.2% of total sales in Q1 2025, an increase from 59.6% in 2024 [2] Market Performance - The growth in international sales was driven by acquisitions generating €14.3 million and organic growth of +0.1%, despite a -2.8% decline in certain Northern and Eastern European markets [3] - Southern Europe experienced robust growth of +2.8%, primarily due to strong performance from Spanish and Italian operations [3] Strategic Outlook - Despite a challenging political and economic environment, SYNERGIE remains optimistic about its growth prospects, supported by a strategy focused on sector diversification and internationalization [5] - The company is well-positioned to pursue development and transformation opportunities, including potential acquisitions, backed by a strong financial structure [5]