|Bid||0.00 x 0|
|Ask||49.30 x 0|
|Day's Range||48.08 - 49.26|
|52 Week Range||30.50 - 63.30|
|Beta (5Y Monthly)||1.06|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||2.50 (5.06%)|
|Ex-Dividend Date||Apr 22, 2020|
|1y Target Est||N/A|
There are signs that companies in France, Italy, and Spain could start hiring again. That makes Adecco a bet for investors who think an economic recovery is on the horizon.
Uncertainty caused by the U.S.-China trade war, a weakening automotive sector and Britain's exit from the European Union has caused companies to cut spending on hiring staff, Adecco Group said, as it reported a drop in third-quarter revenue. Adecco, which vies with the Netherlands' Randstad as the world's largest staffing company, said its revenue fell 4% in the three months to the end of September when adjusted for currencies and trading days. "When you look at our figures, you can say this economic uncertainty is here and definitely still present," Chief Executive Alain Dehaze told Reuters on Tuesday.