French recruiter SYNERGIE's Q3 revenue rises on acquisitions
French recruiter SYNERGIE's Q3 revenue rises on acquisitions
Overview
France workforce solutions provider's Q3 2026 revenue rose 11.2% yr/yr, driven by acquisitions
International operations contributed 64.3% of group revenue, up from 60.7% a year earlier
France revenue was broadly stable, reflecting resilience amid a complex economic environment
Outlook
Company says it is developing with caution amid economic and geopolitical uncertainties
SYNERGIE says it remains confident in sustaining its growth trajectory
Company notes subdued economic environment continues to affect like-for-like activity in some regions
Result Drivers
ACQUISITIONS - Co said revenue growth was mainly driven by acquisitions in Switzerland and Canada
INTERNATIONAL GROWTH - International revenue rose, helped by acquisitions and solid performance in existing operations
SOUTHERN EUROPE - Revenue in Southern Europe grew, confirming strong positions in the region
Company press release: ID:nGNE8bZxyk
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
9M Revenue |
| EUR 2.63 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 54.4% above its October 20 closing price of €25.90
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago
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(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.)