|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||10.90|
|Forward Dividend & Yield||2.63 (7.96%)|
|1y Target Est||N/A|
Mar.01 -- Adecco CEO Alain Dehaze discusses the company's earnings and performance, and talks about growth. He speaks on "Bloomberg Daybreak: Europe."
Adecco Group's earnings rose less than expected in the first quarter and underlying revenue growth cooled while the world's largest staffing company invested in shifting its services online. Chief Executive Alain Dehaze is spending heavily on digital initiatives like online staffing platform Adia and its Vettery digital recruitment marketplace, all of which is weighing on profits in the short term in hopes of a payoff down the road.
British companies are hiring full-time staff again as they take the plunge despite continuing jitters over how the country will manage its exit from the European Union, the head of staffing company Adecco Group (ADEN.S) told Reuters on Tuesday. "We see that 11 percent of European firms have reduced their UK workforce already, so uncertainty remains even if according to our figures it looks like the permanent (staffing) business has bottomed out," Chief Executive Alain Dehaze said in an interview after first-quarter results. "Quarter after quarter there is a slight improvement.
Adecco Group AG said that it has acquired General Assembly, a venture-backed company specializing in digital skills training for businesses.
Swiss staffing company Adecco Group is buying U.S.-based technology education provider General Assembly for $412.5 million including debt, it said on Monday, adding heavy investments in the business would initially drag on earnings. General Assembly, whose founders include Hyatt hotels heir Adam Pritzker, is a private school business started in 2011 that provides training in fields such as data science and analysis. Its revenues in 2017 were about $100 million with a strong 2018 booking backlog, Adecco said in a statement.
After Adecco Group AG’s (SWX:ADEN) earnings announcement in December 2017, analyst consensus outlook appear cautiously subdued, with profits predicted to rise by 1.20% next year relative to the higher pastRead More...
The Swiss company's shares plunged 8 percent after it said revenue growth slowed to 5 percent in January and February from a 7 percent increase in the last three months of 2017. Adecco made a slower start to the year than Dutch rival Randstad which said last month its organic revenue grew around 7 percent in January and looked to be around the same in February.
Adecco CEO Alain Dehaze discusses the company's earnings and performance, and talks about growth. He speaks on "Bloomberg Daybreak: Europe." (Source: Bloomberg)
The Adecco Group, a global HR services firm headquartered in Switzerland, announced today that it has acquired Vettery. The financial terms were not disclosed, but a source with knowledge of the deal told us that the price was a little over $100 million. Vettery was launched in 2014.
ZURICH (Reuters) - Staffing company Adecco said on Tuesday it bought U.S.-based online recruitment platform Vettery for an undisclosed sum to increase its footprint in the digital permanent recruitment ...
Staffing company Adecco (ADEN.S) said on Tuesday it bought U.S.-based online recruitment platform Vettery for an undisclosed sum to increase its footprint in the digital permanent recruitment market. Vettery, founded in New York in 2014, connects over 4,000 employers with candidates in IT, sales and finance thanks to a proprietary technology that reduces time to hire and improves the quality of matches, the world's largest staffing firm said in a statement. Adecco said it would accelerate the expansion of Vettery, also internationally.
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Categories: Yahoo FinanceGet free summary analysis Adecco Group AG reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Adecco Group AG – ManpowerGroup Inc., Robert Half International Inc., On Assignment, Inc., TrueBlue, Inc. and Kelly Services, Inc. Class A (MAN-US, RHI-US, ASGN-US, TBI-US and KELYA-US) that ... Read more (Read more...)
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