Adecco : Decent margin protection through rigid cost control
>Ongoing momentum towards the year-end - Adecco is set to release its 4Q and FY20 results on Thursday 25 February at 7am CET, with a conference call organised at 10.00am CET . Like Randstad and ManpowerGroup, we expect Adecco will show a similar pickup in revenue momentum towards the end of last year. Our organic revenue growth forecast for 4Q20 stands at a 7% decline, which means we are more positive than consensus with an estimated decline 8.4%. This compares well w...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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