Declared Dividend • May 04
Dividend increased to €0.60 Dividend of €0.60 is 20% higher than last year. Ex-date: 29th June 2026 Payment date: 1st July 2026 Dividend yield will be 2.2%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 28
Synergie SE, Annual General Meeting, Jun 04, 2026 Synergie SE, Annual General Meeting, Jun 04, 2026. Location: 228 rue de rivoli, paris France Reported Earnings • Apr 24
Full year 2025 earnings released Full year 2025 results: Revenue: €3.24b (up 1.8% from FY 2024). Net income: €54.2m (down 14% from FY 2024). Profit margin: 1.7% (down from 2.0% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Europe. Announcement • Mar 17
Synergie SE (ENXTPA:SDG) completed the acquisition of an unknown majority stake in Agilus Work Solutions. Synergie SE (ENXTPA:SDG) signed an agreement to acquire an unknown majority stake in Agilus Work Solutions on January 26, 2026.
Completion of the transaction is notably subject to clearance by the Canadian Competition Bureau.
BMO Capital Markets Corp. acted as financial advisor to Synergie SE.
Synergie SE (ENXTPA:SDG) completed the acquisition of an unknown majority stake in Agilus Work Solutions on March 16, 2026. Announcement • Feb 04
Synergie SE (ENXTPA:SDG) completed the acquisition of an unknown majority stake in House of Flexwork AG. Synergie SE (ENXTPA:SDG) signed an agreement to acquire an unknown majority stake in House of Flexwork AG on December 23, 2025. Following the completion House of Flexwork will take over the Swiss operations of Synergie. The combined network will provide Synergie Group with an extensive national coverage and both businesses will benefit from key and complementary client portfolios most notably in sectors such as agri-food, pharmaceutical industry and logistics. The new operating entity will be managed by Andreas Eichenberger, CEO of House of Flexwork currently Chairman of the Swiss Staffing Association.
Closing of the transaction is anticipated to occur in the first quarter of 2026, once all conditions precedents have been met.
Hoffmann & Partner AG acted as financial advisor to the shareholders of House of Flexwork AG.
Synergie SE (ENXTPA:SDG) completed the acquisition of an unknown majority stake in House of Flexwork AG on February 2, 2026. As part of the transaction, HOUSE OF FLEXWORK management will join forces with SYNERGIE’s Swiss operations. Announcement • Jan 26
Synergie SE (ENXTPA:SDG) signed an agreement to acquire an unknown majority stake in Agilus Work Solutions. Synergie SE (ENXTPA:SDG) signed an agreement to acquire an unknown majority stake in Agilus Work Solutions on January 26, 2026.
Completion of the transaction is notably subject to clearance by the Canadian Competition Bureau. Upcoming Dividend • Jun 20
Upcoming dividend of €0.50 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 01 July 2025. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.4%). New Risk • May 19
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • May 01
Full year 2024 earnings released: EPS: €2.73 (vs €3.18 in FY 2023) Full year 2024 results: EPS: €2.73 (down from €3.18 in FY 2023). Revenue: €3.20b (up 2.8% from FY 2023). Net income: €63.1m (down 16% from FY 2023). Profit margin: 2.0% (down from 2.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 4% per year. Announcement • Apr 30
Synergie SE Announces Annual Dividend, Payable on July 01, 2025 Synergie SE announced Annual dividend of EUR 0.5000 per share payable on July 01, 2025, ex-date on June 27, 2025 and record date on June 30, 2025. Announcement • Apr 26
Synergie SE, Annual General Meeting, Jun 04, 2025 Synergie SE, Annual General Meeting, Jun 04, 2025. New Risk • Apr 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Announcement • Apr 03
Synergie Proposes Dividend, Payable on July 1, 2025 The Board of Directors of Synergie has decided to propose a dividend of €0.5 per share at the Shareholders’ Meeting of June 4, 2025. This dividend will be payable on July 1, 2025. Announcement • Feb 24
Synergie SE to Report First Half, 2025 Results on Sep 24, 2025 Synergie SE announced that they will report first half, 2025 results on Sep 24, 2025 Announcement • Jan 30
Synergie SE to Report Fiscal Year 2024 Results on Apr 02, 2025 Synergie SE announced that they will report fiscal year 2024 results at 5:40 PM, Central European Standard Time on Apr 02, 2025 Announcement • Nov 20
Synergie SE (ENXTPA:SDG) acquired remaining minority stake in Synergie Italia Agenzia per il Lavoro S.p.a. Synergie SE (ENXTPA:SDG) acquired remaining minority stake in Synergie Italia Agenzia per il Lavoro S.p.a. on November 19, 2024.
Synergie SE (ENXTPA:SDG) completed the acquisition of remaining minority stake in Synergie Italia Agenzia per il Lavoro S.p.a. on November 19, 2024. Reported Earnings • Sep 30
First half 2024 earnings released First half 2024 results: Revenue: €1.56b (up 2.9% from 1H 2023). Net income: €29.4m (down 25% from 1H 2023). Profit margin: 1.9% (down from 2.6% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: €3.18 (vs €3.51 in FY 2022) Full year 2023 results: EPS: €3.18 (down from €3.51 in FY 2022). Revenue: €3.12b (up 6.9% from FY 2022). Net income: €74.9m (down 11% from FY 2022). Profit margin: 2.4% (down from 2.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 09
First half 2023 earnings released First half 2023 results: Revenue: €1.51b (up 5.6% from 1H 2022). Net income: €38.9m (flat on 1H 2022). Profit margin: 2.6% (down from 2.7% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 24
First half 2023 earnings released First half 2023 results: Revenue: €1.51b (up 5.6% from 1H 2022). Net income: €38.9m (flat on 1H 2022). Profit margin: 2.6% (down from 2.7% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 22
Upcoming dividend of €0.80 per share at 2.4% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 03 July 2023. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.7%). Reported Earnings • Apr 09
Full year 2022 earnings released Full year 2022 results: Revenue: €2.92b (up 8.1% from FY 2021). Net income: €88.2m (up 24% from FY 2021). Profit margin: 3.0% (up from 2.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe. Announcement • Feb 03
Synergie SE Provides Turnover Guidance for the Year 2023 Synergie SE provided turnover guidance for the year 2023. The company is aiming at a global turnover of €3.2 billion in 2023. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Nathalie Gautier is the most experienced director on the board, commencing their role in 2022. Independent Director Vera Boissier was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Oct 27
Synergie SE Maintains Sales guidance for the Full-Year 2022 Synergie SE announced that the company is maintaining its full-year 2022 target for €2.9 billion in turnover. Announcement • Sep 30
Synergie SE (ENXTPA:SDG) entered into an agreement to acquire 100% stake in Interkadra Sp Z O O. Synergie SE (ENXTPA:SDG) entered into an agreement to acquire 100% stake in Interkadra Sp Z O O on September 28, 2022. The transaction is subject to approval from the Polish competition authorities. Reported Earnings • Sep 28
First half 2022 earnings released First half 2022 results: Revenue: €1.43b (up 12% from 1H 2021). Net income: €39.0m (up 19% from 1H 2021). Profit margin: 2.7% (up from 2.6% in 1H 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in Europe. Announcement • Sep 22
Synergie Revises Revenue Guidance for the Full Year 2022 Synergie revised revenue guidance for the full year 2022. The second half of the year should be characterized by a slowdown in growth, as inflationary pressures persist, leading the Group to slightly revise its target for turnover to €2.9 billion excluding acquisitions. Announcement • Jul 28
SYNERGIE Provides Turnover Guidance for the Full Year 2022 SYNERGIE provided turnover guidance for the full year 2022. For the period, the company expects €3 billion in turnover. Upcoming Dividend • Jun 22
Upcoming dividend of €0.80 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.4%). In line with average of industry peers (2.7%). Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Nathalie Gautier is the most experienced director on the board, commencing their role in 2022. Independent Director Vera Boissier was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Apr 01
Synergie Proposes Dividend Synergie SE announced a dividend of €0.8 per share will be proposed at the Shareholders’ Meeting of 23 June 2022, representing a total dividend payout of €19.5 million. Reported Earnings • Oct 04
First half 2021 earnings released: EPS €1.34 (vs €0.37 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €1.28b (up 28% from 1H 2020). Net income: €32.7m (up 267% from 1H 2020). Profit margin: 2.6% (up from 0.9% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Jun 25
Synergie SE (ENXTPA:SDG) acquired remaining 34% stake in Dcs Easyware. Synergie SE (ENXTPA:SDG) acquired remaining 34% stake in Dcs Easyware on June 23, 2021. This has increased its capital stake in the Dcs Easyware from 66% to 100%. It employs 900 specialised employees. Dcs Easyware is expected to generate a 12% increase in turnover in 2021 to €70 million, together with a sharp increase in operating profit.
Synergie SE (ENXTPA:SDG) completed the acquisition of remaining 34% stake in Dcs Easyware on June 23, 2021. Upcoming Dividend • Jun 23
Upcoming dividend of €0.80 per share Eligible shareholders must have bought the stock before 30 June 2021. Payment date: 02 July 2021. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 16% share price gain to €36.20, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 26x in the Professional Services industry in Europe. Total returns to shareholders of 94% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €68.90 per share. Reported Earnings • Apr 04
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €2.19b (down 17% from FY 2019). Net income: €41.3m (down 31% from FY 2019). Profit margin: 1.9% (down from 2.3% in FY 2019). The decrease in margin was driven by lower revenue. Announcement • Apr 03
Synergie SE Provides Earnings Guidance for the Year 2021 Synergie SE provided earnings guidance for the year 2021. The Group thus affirms its confidence in the future and, due to its extremely solid financial structure, continues to explore new acquisitions to boost its growth, with the aim in 2021 of generating turnover in excess of €2.5 billion and significantly increasing its profitability. Is New 90 Day High Low • Jan 11
New 90-day high: €32.80 The company is up 39% from its price of €23.55 on 13 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €36.52 per share. Is New 90 Day High Low • Dec 22
New 90-day high: €29.80 The company is up 29% from its price of €23.05 on 22 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.87 per share. Is New 90 Day High Low • Nov 19
New 90-day high: €29.45 The company is up 43% from its price of €20.60 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.22 per share. Is New 90 Day High Low • Oct 30
New 90-day high: €24.70 The company is up 24% from its price of €20.00 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.95 per share. Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total profits of €43.2m, down 38% from the prior year. Total revenue was €2.36b over the last 12 months, down 9.8% from the prior year. Is New 90 Day High Low • Sep 19
New 90-day high: €23.05 The company is up 10.0% from its price of €21.05 on 19 June 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.80 per share.