Adecco : Outstanding Q4 results with adjusted EBITA growth of 20%
>Organic revenue growth of 3% in staffing strongly supported by Germany - In Q4, Adecco reported organic revenue growth of 1%, compared with our and consensus forecasts of 0.6% and 0.4% respectively. This is the combination of 3% growth in Adecco Staffing (we at +1.6%, a strong performance), -5% at Akkodis (we at -4%) and -2% at LHH (we at -1%). In Staffing, Adecco reported double-digit revenue growth in Germany (+12%, very strong in logistics and automotives, we were...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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