Adecco is holding its Investor Days 2010 in Miami today
Thursday, September 23, 2021 1:01 AM

Related Stories



Sep. 23, 2010 (Thomson Reuters ONE) --

Adecco SA / Adecco is holding its Investor Days 2010 in Miami today processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.

Miami, September 23, 2010: Adecco Group, the worldwide leader in Human Resource services, is holding its Investor Days 2010 in Miami today and is providing an update on current trading conditions. Adecco continues to see good demand in the majority of its markets and sees no signs of a slowdown.  Revenues in July and August continued to develop inline with June, increasing by approximately 16% organically and adjusted for business days.

In the first two months of the third quarter of 2010, Adecco's revenues continued to grow double-digit, up approximately 16% organically and when excluding the business day impact. Demand remained robust across most markets with no signs of a slowdown and management continues to be confident in healthy demand progression near term. 

While the company continues to exploit the much improved conditions, focus on diligent cost management and financial discipline is strongly maintained. At its Investor Days today, the management remains firmly committed to its mid-term EBITA margin target of above 5.5%. The results achieved in the recent quarters underline that the company is well on track.

The presentations held during the event will be available in the Investor Relations section of Adecco's website at the following address:

http://www.adecco.com/InvestorRelations/CompanyPresentations/Pages/
MAStrategyAndOtherPresentations.aspx

 

Delisting from NYSE Euronext in Paris

Adecco today also announces that it successfully completed its delisting from NYSE Euronext in Paris as of September 23, 2010. The rationale for the delisting is primarily based on low average trading volumes and Adecco's continued focus on cost optimisation. Adecco S.A.'s shares will continue to trade on SIX Swiss Exchange.


Contacts:

Adecco Corporate Investor Relations
Investor.relations@adecco.com or +41 (0) 44 878 89 89

Adecco Corporate Press Office
Press.office@adecco.com or +41 (0) 44 878 87 87


Forward-looking statements
Information in this release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based on information available to Adecco S.A. as of the date of this release, and we assume no duty to update any such forward-looking statements. The forward-looking statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. Factors that could affect the Company's forward-looking statements include, among other things: global GDP trends and the demand for temporary work; changes in regulation of temporary work; intense competition in the markets in which the Company operates; integration of acquired companies; changes in the Company's ability to attract and retain qualified internal and external personnel or clients; the potential impact of disruptions related to IT; any adverse developments in existing commercial relationships, disputes or legal and tax proceedings.


About the Adecco Group
The Adecco Group, based in Zurich, Switzerland, is the world's leading provider of HR solutions. With over 31,000 FTE employees and more than 5,500 offices, in over 60 countries and territories around the world, Adecco Group offers a wide variety of services, connecting more than 600,000 colleagues with over 100,000 clients every day. The services offered fall into the broad categories of temporary staffing, permanent placement, outsourcing, consulting and outplacement. The Adecco Group is a Fortune Global 500 company.

Adecco S.A. is registered in Switzerland (ISIN: CH0012138605) and is listed on the SIX Swiss Exchange (ADEN).

HUG#1446264


Adecco is holding its Investor Days 2010 in Miami today

--- End of Message ---

Adecco SA
Sagereistrasse 10 Glattbrugg Switzerland

WKN: 922031;ISIN: CH0012138605;
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Börse Berlin,
Open Market (Freiverkehr) in Frankfurter Wertpapierbörse,
Freiverkehr in Bayerische Börse München;


 

Sponsors

Symbol :

Advertisement

Market news:

  • Atty: Whitman knew housekeeper was in US illegally Sep 29, 2021 06:38 PM

    • LOS ANGELES - A former housekeeper for Meg Whitman claimed Wednesday that the California GOP gubernatorial candidate was notified by the federal government seven years ago that she might be in the country illegally, but did nothing about it.
    • The allegations were made by the housekeeper, Nicky Diaz, and her attorney, Gloria Allred of Los Angeles, a longtime Democratic supporter who once gave money to Whitman's opponent, Democrat Jerry Brown.
    • Diaz worked for Whitman from 2000 to 2009, when she was fired.
      • Drugs before surgery help women avoid mastectomies Sep 29, 2021 06:21 PM

        • Taking hormone-blocking pills for a few months before breast cancer surgery can shrink tumors and allow many women to have just the lump removed instead of the whole breast, a new study suggests.
        • It won't change practice right away; a second study is starting to try to repeat the results and identify which drugs work best.
        • "Half of them wound up having successful breast-conserving therapy," said Dr. John Olson, breast cancer surgery chief at Duke University.
          • Woman pleads not guilty in Wash. in acid hoax case Sep 29, 2021 06:21 PM

            • VANCOUVER, Wash. - Her face red and blotchy but largely unbandaged, a 28-year-old Vancouver woman pleaded not guilty Wednesday to charges arising from her false claim that a stranger splashed acid in her face.
            • Bethany Storro has confessed that she made up the story about the facial burns she suffered Aug. 30, saying she put drain cleaner on her face trying to kill herself.
            • The case drew national attention to the recently divorced woman who works for a grocery chain, and brought in nearly $28,000 in donations to help with medical bills.
              • Terror plot in Europe prompted drone strikes Sep 29, 2021 06:21 PM

                • LONDON - Security officials said Wednesday a terror plot to wage Mumbai-style shooting sprees or other attacks in Britain, France and Germany is still active and that recent CIA strikes in Pakistan were aimed at al-Qaida operatives suspected in the threat.
                • "This plot was in its embryonic stages," a British government official told The Associated Press, speaking on condition of anonymity because of the sensitivity of his work.
                • Some details about the plot came from Ahmed Siddiqui, a German citizen of Afghan background who was captured in Afghanistan in July, a U.S. official said.
                  • Congress punts tough choice until after election Sep 29, 2021 05:48 PM

                    • WASHINGTON - A deeply unpopular Congress is bolting for the campaign trail without finishing its most basic job - approving a budget for the government year that begins on Friday.
                    • With their House and Senate majorities on the line, Democratic leaders called off votes and even debates on all controversial matters.
                    • Staying or going might seem an equally unpleasant prospect for some embattled Democrats, who are facing more than four weeks of defending unpopular votes in favor of President Barack Obama's economic stimulus measure, health care law and uncompleted legislation for curbing global warming.

                      More news


Advertisement

    Recent Estimates

AnalystFirm NameSymbolEPS Estimate
XXXXXXXXXX CREE$0.54
gofasterstripesMr Lak CTXS$0.25
XXXXXXXXXX TOT$1.52
XXXXXXXXXX FDS$0.80
XXXXXXXXXX FDX$1.21
XXXXXXXXXX BRLI$0.28
anamrdaNA JNJ$1.15
XXXXXXXXXX SDRL$0.64
XXXXXXXXXX AXP$0.83
XXXXXXXXXX KWK$0.16