Adecco : Ransomware cyberattack at AKKA adds to slowdown concerns
>Investing while markets are getting tougher - On 8 July we downgraded Adecco to Neutral and cut our 2023 and 2024 forecasts by some 35%. Since then, market data has suggested there was no improvement in June in countries such as the US and France, and we now believe our Adecco forecasts are still too optimistic. In this note, we cut another 10% from our 2022-2024 forecasts. Volume growth in the French staffing market came in at 0% in June, and the scarcity of talent ...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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