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Adecco Reports Second Quarter Results

Adecco Group News Release (08/08/13)

Adecco Group reported revenues of €4.9 billion in the second quarter of 2013, down 5% from €5.2 billion during the same period last year, and a gross profit of €884 million, down 4% from €917 million. Net income was €126 million, up 12% from €113 million in the second quarter of 2012.

In North America, revenues were €960 million, up 3% organically. General staffing revenues were flat in constant currency, with growth in industrial and a small decline in office, while professional staffing revenues grew by 4% organically. Permanent placement revenues continued to develop well, up 10% in constant currency.