|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||26.21 - 26.38|
|52 Week Range||25.21 - 32.25|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||8.64|
|Forward Dividend & Yield||2.44 (8.81%)|
|Ex-Dividend Date||Apr 22, 2019|
|1y Target Est||N/A|
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.
Moody's Investors Service ("Moody's") has today affirmed Adecco Group AG's ("Adecco" or "the company") Baa1 long term issuer rating and the Baa1 senior unsecured debt ratings of Adecco and its guaranteed subsidiaries. Adecco's Baa1 rating is supported by: 1) its leading position as the world's largest staffing business underpinned by favourable long-term industry trends.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Adecco Group AG and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Rating Action: Moody's affirms ManpowerGroup at Baa1; outlook is stable. Global Credit Research- 30 Jul 2019. E900 million of rated debt.
JACKSONVILLE, Fla., June 6, 2019 /PRNewswire/ -- Following a nation-wide search for its 2019 'CEO for One Month' in the U.S., the Adecco Group awarded Ben Conard the life-changing internship experience. From a competitive pool of more than 17,000 applicants representing nearly 300 universities and colleges, Conard proved he has what it takes to be the 'CEO' and is spending the month of June shadowing the company's senior executives while earning a $10,000 paycheck. Conard is a 2016 graduate of State University of New York at Geneseo with a degree in business administration and management, as well as a minor in German.
Microsoft is investing in certification and training for a range of AI-related skills in partnership with education provider General Assembly, the companies announced this morning. The training will focus on AI, machine learning, data science, cloud and data engineering and more. In the new program's first year, Microsoft will focus on training 2,000 workers to transition to an AI and machine learning role.
JACKSONVILLE, Fla., May 7, 2019 /PRNewswire/ -- The Adecco Group, the world's leading HR solutions partner, will kick off its annual 'CEO for One Month' boot camp, Tuesday, May 14 – Friday, May 17, in Jacksonville, Florida. Nine outstanding finalists from across the nation will undergo a series of leadership challenges, with the goal of becoming the Adecco Group's 2019 'CEO for One Month' in the U.S., a paid internship opportunity to work alongside the company's senior leaders. The person who earns this title can look forward to jumpstarting their career and gaining a network of dedicated mentors," said Sergio Picarelli, global president of the Talent Solutions business unit and CEO of professional staffing in the U.S., U.K and Ireland at the Adecco Group.
Adecco Group Chief Executive Alain Dehaze expects ongoing problems in the automotive sector to dampen demand for temporary workers in Germany while the staffing company is struggling to find enough qualified staff in the United States. Germany continues to be a hit by an economic slowdown and lower car sales due to the introduction of new emissions standards, Adecco said on Tuesday, as it reported a 2 percent fall in first-quarter revenue.
Adecco Group said its revenues continued to fall at the start of its second quarter, the temporary staffing company said on Tuesday, as the European economy limped into the second quarter and the U.S.-China trade war looked set to escalate. Adecco said its sales when adjusted for currencies, acquisitions and working days fell by 2 percent in the first quarter, and continued at the same rate in April. "While revenues declined by 2 percent trading days adjusted, year-on-year, the trend in our European markets stabilised during the quarter," Chief Executive Alain Dehaze said.
Providing an integrated service Adecco Corporate, part of the Adecco Group UK&I, will play a pivotal role in the staffing of the 2019 Census Rehearsal and Census Coverage Survey, the 2020 Address Check, 2021 Census, and the 2021 Census Coverage Survey.
JACKSONVILLE, Fla., April 4, 2019 /PRNewswire/ -- The Adecco Group is looking for its 2019 'CEO for One Month' representative in the U.S. In its sixth year, this global internship program is a unique opportunity for candidates to step into the shoes of business leaders in 47 countries across the company's global network. Top applicants will complete a national 'CEO for One Month' internship, shadowing the Adecco Group leaders of their own country. Ultimately, one representative will be chosen as the 'Global CEO for One Month" and will have the opportunity to work alongside the Adecco Group CEO Alain Dehaze.