Adecco : An unexciting Q2 on the cards
>Q2 figures to show a slowdown in France… - Adecco will report its Q2 2018 results on 9 August. We expect organic growth to slow down over the quarter to 3.9%e adjusted for the number of working days vs 6% in Q1 2018 (consensus 4.6%e). Although Adecco faces a less challenging comparison base than Randstad (organic growth stable at 6% TDA in Q1/Q2 2017), the read-across from the latter’s results is unfavourable for France where growth slowed to 3% in Q2 (vs 10% in Q1);...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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