Company investors day to be held today in Zurich. The group will present its strategic priorities and financial targets for 2016-2020. Management started with reduced guidance due to weaker-than-expected economic growth. EBITA is now expected in the 4.5% and 5% range. Previously management had guided for an EBITA margin of 5.5% over the economic cycle. After the Q3`15 results management had already reduced guidance for the financial year 2015. EBITA before one-off items will reach 5.2% and al
18 Jan 2016
EBITA guidance revised downwards
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EBITA guidance revised downwards
Adecco Group AG (0QNM:LON) | 3,100 0 0.0% | Mkt Cap: 5,221m
- Published:
18 Jan 2016 -
Author:
Heinz Steffen -
Pages:
2
Company investors day to be held today in Zurich. The group will present its strategic priorities and financial targets for 2016-2020. Management started with reduced guidance due to weaker-than-expected economic growth. EBITA is now expected in the 4.5% and 5% range. Previously management had guided for an EBITA margin of 5.5% over the economic cycle. After the Q3`15 results management had already reduced guidance for the financial year 2015. EBITA before one-off items will reach 5.2% and al