Synergie (SDG) Q1 2025 earnings summary

Executive summary

• Q1 2025 sales reached €757.5 million, a 0.8% increase year-over-year.

• International operations contributed 61.2% of total sales, up from 59.6% in Q1 2024.

• Growth driven by acquisitions and sector diversification despite challenging economic conditions.

Financial highlights

• International sales rose 3.5% to €463.7 million, with €14.3 million from acquisitions and 0.1% organic growth.

• France sales declined 3.2% to €293.8 million due to market downturn and political uncertainty.

• Like-for-like sales decreased 1.2% overall.

Outlook and guidance

• Confident in continued growth through sector diversification and international expansion.

• Strong financial structure supports ongoing development and acquisition opportunities.