After disappointing Q1 18 results, Adecco managed to deliver a somewhat better performance in Q2 18, although the results were not really convincing and there is still room for improvement. Revenues grew marginally by 1% to €6.05bn with organic growth performing better at +5% (+4% adjusted for trading days – TDA), the last two months confirming underlying growth of 4-5%. By business line, revenues were up 6% in General Staffing, 2% in Professional Staffing and 3% in Solutions organ
09 Aug 2018
Another quarter of transition for Adecco
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Another quarter of transition for Adecco
Adecco Group AG (0QNM:LON) | 3,100 0 0.0% | Mkt Cap: 5,221m
- Published:
09 Aug 2018 -
Author:
Heinz Steffen -
Pages:
3
After disappointing Q1 18 results, Adecco managed to deliver a somewhat better performance in Q2 18, although the results were not really convincing and there is still room for improvement. Revenues grew marginally by 1% to €6.05bn with organic growth performing better at +5% (+4% adjusted for trading days – TDA), the last two months confirming underlying growth of 4-5%. By business line, revenues were up 6% in General Staffing, 2% in Professional Staffing and 3% in Solutions organ