Turnover - More than €1 billion over the half-year
29 Juillet 2020 - 6:15PM
Turnover - More than €1 billion over the half-year
in € million |
Q2 2020 |
Q2 2019 |
Change |
|
H1 2020 |
H1 2019 |
Change |
International |
242.0 |
340.7 |
-29.0% |
|
546.6 |
664.6 |
-17.8% |
France |
182.1 |
333.5 |
-45.4% |
|
454.0 |
630.8 |
-28.0% |
|
|
|
|
|
|
|
|
Total |
424.1 |
674.2 |
-37.1% |
|
1.000,6 |
1.295,4 |
-22.8% |
After a First Quarter during which business
performed particularly well, the Covid-19 pandemic significantly
affected the temporary employment market in France and abroad.
Against this exceptionally challenging backdrop,
SYNERGIE posted consolidated turnover of €1 000.6 million, down
22.8% on 2019 (23.3% on a like-for-like basis).
Our responsiveness enabled the Group to
diversify its customer base and extend its services in sectors such
as the environment, renewable energies, agri-food, logistics and
medical in order to offset the slowdown in the aeronautics-related
industries and, to a lesser extent, automotive construction
industries. This resilience helped limit the downturn in business
to 37.1% in the Second Quarter.
In France, turnover amounted to €454 million
(-28%), with a temporary work picking up slowly and gradually,
after plummeting in the second half of March.
At the height of the public health crisis, in
April, it plunged by as much as 63.4%. In June, the gap compared to
2019 had return to only 26.8%, in particular thanks to the increase
in construction.
Digital Services posted revenue of €21.4 million
in France, very close to that established in 2019 (-1.4%),
illustrating successful diversification in these activities where
the Group has been operating since 2018.
International business reached €546.6 million
(54.6% of the consolidated turnover) compared with €664.6 million
in 2019 (-17.8%). The effects of the pandemic also caused a drop in
activity on the European markets where the Group operates, to a
lesser extent than in France.
This has resulted in several contrasting
developments: -21% in Northern and Eastern Europe and -14% in
Southern Europe, where our Italian subsidiary, despite a
particularly difficult context, a high level of sales over the
first half of the year: €191.7 million, down by only 11.9%.
In June, the downturn compared with 2019 in
international business amounted to 19.3%, compared with 36.9% in
April.
Given the current uncertainties caused by
Covid-19, SYNERGIE has been very responsive in adapting its
organisation to preserve its teams and ensure continuity of service
for customers in their ongoing business.
Country-specific action plans have thus been set
up, including the implementation of government measures aimed at
preserving employment and supporting companies. Cost cuts were also
made in all our subsidiaries.
Thanks to a solid financial structure and high
cash flow, SYNERGIE has assets that enable it to remain confident
in its ability to come through this health crisis with the aim to
cross the €2 billion turnover mark in 2020.
Next
event:
►Publication of half-year results on 16
September 2020 after the stock market closes.
- SYNERGIE - Turnover - More than €1 billion over the
half-year
Synergie (EU:SDG)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024
Synergie (EU:SDG)
Graphique Historique de l'Action
De Avr 2023 à Avr 2024