Adecco : Akkodis sale not necessary in our view
>Akkodis generates 27% of group EBITA in 2024e - According to Bloomberg, some people suggest Adecco is considering a possible sale of its technology consulting unit Akkodis. According to our forecasts, this business will generate revenues and adjusted EBITA this year of € 3,759m and € 244m respectively, which represents 16% of group revenues and 27% of group adjusted EBITA. It is the high-margin technology unit of Adecco (including AKKA), with specialised white and bl...Adecco Group provides human resource services, including temporary staffing, permanent placement, outsourcing, consulting and outplacement. Co. has more than 5,500 branches in over 60 countries and territories. Co.'s Office and Industrial businesses offer a range of general staffing services, including temporary staffing, permanent placement, assessment, training and integrated human resources applications. In addition, Co. operates professional business lines, which include Adecco Finance & Legal, Adecco Engineering & Technical, Adecco Information Technology, Adecco Medical & Science, Adecco Sales, Marketing & Events and Adecco Human Capital Solutions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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