Market Overview

Adecco Posts Downbeat Q1 Profit


Adecco SA (OTC: AHEXY) reported a weaker-than-expected profit for the first quarter.

Adecco's quarterly net profit fell to EUR 67million, from EUR112 million, in the year-ago period.

Its revenue declined to EUR 4.56 billion from EUR5.04 billion. However, analysts were expecting a net profit of EUR73 million on revenue of EUR5.04 billion.

Adecco shares closed at $26.93 yesterday.

Posted-In: profitEarnings News


Related Articles (AHEXY)

View Comments and Join the Discussion!

ProSieben Posts Higher Q1 Profit

Alstom Net Profit Up 10%