In the financial year 2016, revenues increased 3.2% to €22.71bn and the gross margin declined from 19% to 18.8% due to price and mix effects in temporary staffing. EBIT grew 2.1% to €1.06bn and the EBIT margin remained stable at 4.7%. The EBITDA margin declined marginally from 5.3% to 5.2%. EBITA grew 2.1% to €1.06bn. Net income on a comparable basis (excluding the one-off impairment of goodwill in 2015) declined 3.3% to €725m. Revenues in Q4 16 increased 3.5% to €5.8
03 Mar 2017
Strong year-end performance
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Strong year-end performance
Adecco Group AG (0QNM:LON) | 3,100 0 0.0% | Mkt Cap: 5,221m
- Published:
03 Mar 2017 -
Author:
Heinz Steffen -
Pages:
2
In the financial year 2016, revenues increased 3.2% to €22.71bn and the gross margin declined from 19% to 18.8% due to price and mix effects in temporary staffing. EBIT grew 2.1% to €1.06bn and the EBIT margin remained stable at 4.7%. The EBITDA margin declined marginally from 5.3% to 5.2%. EBITA grew 2.1% to €1.06bn. Net income on a comparable basis (excluding the one-off impairment of goodwill in 2015) declined 3.3% to €725m. Revenues in Q4 16 increased 3.5% to €5.8