PRESS RELEASE | January 29th 2025, 5.45pm
2024 REVENUES
Thanks to its strategy of diversification, SYNERGIE continues to grow amid an uncertain economic environment and in 2024 posted sales of €3.2 billion, up +2.4%
in € m | Q4 2024 | Q4 2023 | % Variance | FY 2024 | FY 2023 | % Variance |
International | 502 | 483 | +3.9% | 1,919 | 1,816 | +5.7% |
France | 317 | 320 | -0.9% | 1,265 | 1,293 | -2.1% |
Total | 819 | 803 | +2.0% | 3,184 | 3,109 | +2.4% |
International sales (+5,7%), which account for 60.3% of the Group's business, were driven by an organic growth of +3.0% and the input of acquisitions which generated €44m over the year. Growth in Northern and Eastern Europe (+3.8%) 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 dynamics (+5.7%) of our Italian and Spanish operations.
SYNERGIE's performance in France, with sales of €1,265 million (39.7% of the consolidated total), down -2.1%, should be seen in the context of the national market which is in sharp decline due mainly to political uncertainties and the economic difficulties of companies.
With a strong financial structure, SYNERGIE has the necessary resources to pursue actively its growth in an economic environment which, while more complex, is also a source of opportunities.
NEXT MEETING
• Publication of 2024 results on Wednesday April 2nd, 2025 after market closing
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