07.05.2024 07:20:58 - dpa-AFX: Adecco Group Q1 Profit Down 20%

CHESEREX (dpa-AFX) - Adecco Group (AHEXY.PK, ADO.L), a Swiss provider of
human resources solutions, reported that its first quarter net income
attributable to shareholders declined about 20% to 73 million euros or 0.44
euros per share from last year's 92 million euros or 0.55 euros per share,
mainly reflecting lower operating income.

Adjusted earnings per share for the quarter was 0.59 euros, 18 percent lower
than the prior year.

Quarter revenues decreased about 3% year-over-year to 5.72 billion euros.
Quarterly revenues were stable on an organic, trading days adjusted basis.

Looking ahead for the second quarter, the company expects revenue developments
to reflect a slightly tougher comparison period than in the first-quarter of
2024. The Group expects its gross margin to be broadly in line with the
first-quarter of 2024 levels.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ADECCO GROUP AG N. SF 0,1 922031 Hamburg 0,000 29.06.24 09:42:37 ±0,000 ±0,00% 0,000 0,000 0,000 52,740

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