Adecco : Despite solid chance of positive organic growth in Q4, we remain cautious
>We expect 1% organic revenue growth for Q4 – benefiting from its global reach - Adecco is set to release its Q4 2023 results on 29 February. We spoke with the company last week, and we believe Adecco continued to gain market share in most staffing markets (US, Germany, Italy, Spain, Benelux, but perhaps not France). At a Group level, we forecast 1.6% organic revenue growth for Adecco Staffing, offset by 1% and 4% organic revenue declines for LHH and Akkodis, respecti...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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