French recruiter SYNERGIE's Q3 revenue rises  on acquisitions

By Reuters News


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:


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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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.)

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