Moreover,
Adecco struggled second quarter:
Keystone-SDA
Adecco experienced a second counterster. Therefore, with declining turnover and stable profit. Nevertheless, Management expects profitability to improve in the second part of the year compared to the first six months. – Adecco struggled second quarter
(Keystone-ATS) The turnover of the recruitment and temporary work specialist decreased from April to June from 1% to 5.78 billion euros (5.40 billion francs). In organic terms, growth has proven to be zero, according to the press release published on Tuesday.
The operating profit (EBITA) adjusted dived from 21% adecco struggled second quarter to 141 million euros, for a relating to 2.5%, down 60 base points. As for the gross margin, it declined to 18.9% after 19.4%.
Tighten the expense screw
Net profit stagnated at 58 million.
If the Ebita. the gross margin have narrowly missed the consensus of the AWP agency, the EBITA margin came out in accordance, when organic growth has done better than expected. Revenues have even exceeded the most optimistic expectations of the analysts consulted.
Management expects the gross margin to get to the trimester started and plans to limit the expense, excluding exceptional elements.
adecco struggled second quarter — Adecco struggled second quarter: Keystone-SDA Adecco experienced a second counterster, with declining turnover and stable profit. Management expects .
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