Advertisement

Temp giant Adecco sees fall in revenues

AFP/The Local
AFP/The Local - [email protected]
Temp giant Adecco sees fall in revenues

The world's biggest temporary employment agency, Adecco, announced on Wednesday a 4.5-percent fall in sales in the first two months of the third quarter.

Advertisement

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).

More

Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also