Adecco Posts Decline In Q3 Profit

Adecco SA

reported a drop in its third-quarter earnings. Adecco's quarterly net profit fell to EUR118 million, from EUR145 million, in the year-ago period. Its revenue rose to EUR5.28 billion from EUR5.27 billion. However, analysts were expecting a net profit of EUR117 million on revenue of EUR5.23 billion. Adecco shares closed at $23.80 yesterday.