Synergie's share price fell by over 3% on Thursday on the Paris Bourse, as the relative stability of its results over the first six months of the year failed to eclipse the uncertainties surrounding the economic environment.

In the first half of the year, the temporary staffing specialist posted an Ebitda of 75.8 million euros, compared with 80.9 million a year earlier, due in part to inflationary pressures.

The group also cites "conjunctural" difficulties encountered in certain markets that are more affected economically, as well as ongoing investment efforts, notably in digitalization.

Consolidated net income came in at 41.2 million euros, the same level as for the first half of 2022, despite an economic environment described as "deteriorated".

Against this backdrop deemed more delicate, Synergie generated half-year sales of 1.5 billion euros, up 5.6% on the previous year (+3.2% on a like-for-like basis).

Despite an economic environment deemed uncertain, Synergie says it remains confident in its ability to outperform its 2022 sales target this year.

The group also says it is reaffirming the profitability trend seen in the first half of 2023.

Copyright (c) 2023 CercleFinance.com. All rights reserved.