Adecco : Heightened risk of a dividend cut and Q3 likely more challenging than Q2
>Staffing markets were marginally more challenging in the last three months - Adecco is set to reports its Q3 results on 5 November. We believe trading conditions in key staffing markets like North America, France and Germany remained very difficult in Q3, and we believe Adecco might have faced a marginally more challenging trading environment in recent months. Easier comps and 1.1 additional working days are likely to be fully offset by margin pressure from weak perm...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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