(Finance) – Adecco Groupa Swiss multinational active in personnel selection, has announced that i revenues of third quarter 2024 of 5,704 million euros were 5 percent lower on an organic basis, TDA and 3 percent lower on an organic basis (4 percent reported), and below market expectations of 5.81 billion euros (according to a consensus provided by the company).
THE’EBITA excluding one-off items it was €186 million, 20 percent lower at constant currency (21 percent reported) and below expectations of €192 million. THE’net profit attributable to shareholders was 99 million euros, 4 percent lower year-on-year.
“We continue to successfully execute our Simplify, Execute, Grow plan and third quarter performance was solid, against a high baseline,” commented the CEO Denis Machuel – Themacroeconomic environment remains difficultbut I am encouraged to see that volume trends have stabilized.”