PRESS RELEASE | April 2nd 2025, 5.45pm WWW.SYNERGIE.COM



Mr Victorien VANEY
Chairman and Chief Executive Officer




Leader IN CHALLENGING MARKET CONDITIONS,
in Europe in SYNERGIE CONTINUES TO GROW WHILE
HR services
PRESERVING ITS FINANCIAL ROBUSTNESS
17 Revenue: €3,184.9 million
Countries
worldwide EBITDA: €130.6 million
Net profit: €67.1 million
800
Branches On April 2nd, 2025, the SYNERGIE Board of Directors, chaired by Mr Victorien Vaney,
approved the consolidated full year financial statements for the period ended December 31st ,
5,600 2024. The auditing procedures for these financial statements are complete and the
Permanent corresponding reports are being issued.
employees
Consolidated - in € million 2024 2023 Variation %
Revenue 3,184.9 3,108.5 +2.5%
EBITDA 130.6 153.2 -14.8%
EBITA* 103.7 127.9 -18.9%
Operating profit 95.6 116.1 -17.7%
Net profit 67.1 78.6 -14.6%
Net profit Group share 63.1 74.9 -19,7%
* Current operating profit before amortisation and impairment of intangible assets



REVENUE OF €3,184.9 MILLION

Despite a challenging market, SYNERGIE continued to grow over the year, setting a new sales
record at €3,184.9 million, up +2.5% on the 2023 financial year (+0.9% on a like-for-like basis).
Synergie's performance in the face of a declining market confirms the strength of its business
model, which is based on the strategic diversification of its portfolio of clients, sectors and
geographical locations.

SYNERGIE's performance in France, with sales of €1,264.8 million (39.7% of the consolidated
total), down -2.2%, should be seen in the context of the national market which is in sharp
decline mainly due to political uncertainties and the economic difficulties of companies.

International sales (+5.8%), which account for 60.3% (€1,920.1 million) of the Group's business,
were driven by an organic growth of +0.5% and the input of acquisitions which generated €44m
over the year. Growth in Northern and Eastern Europe (+4.0%) remained positive despite the
economic slowdown in these countries thanks to an outstanding performance of our Belgian
subsidiary in a declining market. Southern Europe continued to grow with a remarkable
commercial drive (+5.8%) of our Italian and Spanish operations.




CAPITAL SOCIAL : 121 810 000 € - EURONEXT PARIS COMPARTIMENT B - ISIN FR0000032658 - MNÉMO : SDG - REUTERS : SDGI.PA - BLOOMBERG : SDG:FP
CONTACT : SYNERGIE Relations Investisseurs - Tél. +33(0)1 55 60 30 30 – relations-investisseurs@synergie.com
PRESS RELEASE | April 2nd 2025, 5.45pm WWW.SYNERGIE.COM




EBITDA AND EBITA
SYNERGIE achieved in 2024 an EBITDA of €130.6 million (4.1% of revenue), versus €153.2
Leader million in 2023. This decline in EBITDA is attributed to the decrease of the revenues in France,
in Europe in the financial and operational difficulties in Germany, the effects of regulatory changes in some
HR services countries and the Group's continued efforts to support its growth and digitalization.

17 The EBITA reached €103.7 million (3.3% of revenue). The International business contributed
Countries €54.9 million (53% of EBITA), while France contributed €48.8 million (47% of EBITA).
worldwide
OPERATING PROFIT
800
Branches Operating profit came to €95.6 million, in line with the trend of Current Operating Profit.

5,600 NET PROFIT
Permanent
employees After Tax expenses of €35.8 million and a Financial Result of €7.4 million, the consolidated Net
Profit amounted to €67.1 million (of which the Group’s share is €63.1 million).

A STRENGTHENED FINANCIAL STRUCTURE
With shareholders’ equity of €719.6 million as of December 31st and a cash position net of debt
of €288.7 million, the Group reinforces its financial strength.

2025 OUTLOOK
Despite the economic challenges faced in certain markets, with the contraction of the staffing
market in France and other European countries, SYNERGIE remains confident thanks to its
continued diversification and international expansion strategy in its ability to increase its
revenues in 2025.

SYNERGIE financial structure remains strong, and the company intends to pursue new
acquisitions, both in France and abroad.

DIVIDENDS

The Board of Directors has decided to propose a dividend of €0.5 per share at the
Shareholders’ Meeting of June 4, 2025. This dividend will be payable on July 1, 2025.




NEXT EVENT
Communication of Revenues for the 1st quarter of 2025 on Wednesday April 23rd, 2025,
after the stock market closing.

CAPITAL SOCIAL : 121 810 000 € - EURONEXT PARIS COMPARTIMENT B - ISIN FR0000032658 - MNÉMO : SDG - REUTERS : SDGI.PA - BLOOMBERG : SDG:FP
CONTACT : SYNERGIE Relations Investisseurs - Tél. +33(0)1 55 60 30 30 – relations-investisseurs@synergie.com