France's Synergie H1 revenue rises on acquisitions
France's Synergie H1 revenue rises on acquisitions
Overview
France-based workforce solutions provider's H1 2026 revenue rose 7.9% yr/yr to €1.709 bln
Growth driven by acquisitions in Canada and Switzerland and organic gains in international markets
France first-half revenue declined 0.6% as Q2 activity slowed amid uncertain market conditions
Outlook
Company cites persistent economic and geopolitical uncertainties impacting its markets
SYNERGIE says it remains confident in maintaining growth momentum despite market challenges
Result Drivers
ACQUISITIONS BOOST - Revenue growth was driven by acquisitions in Canada and Switzerland, which contributed €89.4 mln
INTERNATIONAL ORGANIC GROWTH - Organic growth in international markets, especially Southern Europe, supported overall gains
FRANCE SLOWDOWN - French revenue declined 0.6% as Q2 activity slowed amid uncertain market conditions
Company press release: ID:nGNElr4Qj
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 1.71 bln |
|
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the employment services peer group is "buy"
Wall Street's median 12-month price target for Synergie SE is €40.00, about 44.9% above its July 21 closing price of €27.60
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)