Report
Konrad Zomer

Adecco : Close to 30% top-line growth expected in Q2 2021

>Q2 2021 results out on 5 August - Adecco is scheduled to report its Q2 2021 results on 5 August. After reporting a rather low 2% organic revenue growth rate in Q1 2021, we estimate that organic revenue growth at Adecco might have exceeded 30% in Q2 2021, in part due to easy comparables (in Q2 2020 organic revenues declined by 28%). Adjusted EBITA to accelerate, but remain below 2019 levels - With economies such as France, Germany, Italy and Spain gra...
Underlying
Adecco Group AG

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Konrad Zomer

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