Synergie (SDG) Q3 2024 TU earnings summary

Executive summary

• Achieved Q3 2024 revenues of €810.5 million, up 2.1% year-over-year despite challenging market conditions.

• International operations contributed 61.4% of total revenues, reflecting increased diversification.

Financial highlights

• Q3 2024 revenues rose 2.1% to €810.5 million compared to Q3 2023.

• Nine-month 2024 revenues reached €2,365.3 million, up 2.6% year-over-year.

• Like-for-like revenue growth was 0.2% in Q3 2024.

Outlook and guidance

• Confident in continued revenue growth for the last quarter of 2024 despite macroeconomic headwinds.