Q3 18 key highlights: Revenues grew marginally by +2% to €6bn on both a reported basis and adjusted for trading days The gross margin progressed to 18.7% (+20bp), the EBIT margin as well (4.7%, +160bp), while the EBITA margin declined to 5% (-40bp) Revenue growth in September and October combined was 1%, trading days adjusted The group still expects to deliver the target of €50m GrowTogether productivity savings in FY 18
06 Nov 2018
Q3 18: flat growth but better-than-expected performance
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Q3 18: flat growth but better-than-expected performance
Adecco Group AG (0QNM:LON) | 3,100 0 0.0% | Mkt Cap: 5,221m
- Published:
06 Nov 2018 -
Author:
Luis Pereira -
Pages:
3
Q3 18 key highlights: Revenues grew marginally by +2% to €6bn on both a reported basis and adjusted for trading days The gross margin progressed to 18.7% (+20bp), the EBIT margin as well (4.7%, +160bp), while the EBITA margin declined to 5% (-40bp) Revenue growth in September and October combined was 1%, trading days adjusted The group still expects to deliver the target of €50m GrowTogether productivity savings in FY 18