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Adecco Achieves Solid Profitability in 2012

Adecco Group News Release (03/13/13)

Adecco reported revenues of €20.5 billion in 2012, down 4% organically from 2011. Its year-to-year North American revenues were up 8% organically to €947 million in the fourth quarter of 2012. The company’s general staffing revenues were up 7% year-to-year in constant currency, and it reported organic growth of 8% in its professional staffing segment. It also reported a 12% year-over-year organic increase for its North American information technology professional staffing segment, related to organic growth of 16% in the U.S. Revenues for its finance and legal and engineering and technical segments were up 4% each in constant currency, while the medical and science segment posted a 21% increase in revenue in constant currency. A 12% organic growth rate also was reported in permanent placement revenues.