Temp giant Adecco sees fall in revenues
AFP/The Local · 19 Sep 2012, 09:57
Published: 19 Sep 2012 09:57 GMT+02:00
- Swiss group Adecco posts profit rise (08 May 12)
- Booming Adecco slashes French jobs (02 Mar 12)
- Adecco boosts third quarter profit 13 percent (08 Nov 11)
The results, announced as the human resources specialist hosts its annual Investor Days event in Paris, follows a 4.0-percent decline in second quarter revenues.
"Revenue development in July was slightly weaker, mainly driven by France and Japan," Adecco said in a statement, with continuing "diverse geographical trends" characterized by largely unchanged revenues in Europe in July and August and a slight acceleration in North American revenues since June.
In the second quarter, the Swiss multinational posted a 20-percent fall in net profits to $148 million (137 million francs) with sales up 1.0 percent to ($6.8 billion).