Adecco Group News Release (11/06/13)
Adecco Group reported revenues of €5.03 billion in the third quarter of 2013, down 5% from €5.28 billion during the same period last year. The company also reported net income of €191 million, up 61% from €118 million in the third quarter of 2012. The company reported revenue of €3.80 billion for its general staffing business, down 5% from €3.99 billion; €1.13 billion for its professional staffing business, down 5% from €1.19 billion; and €102 million for its solutions business, up 4% from €98 million.
In a call with investors, Adecco Group chief executive officer Patrick De Maeseneire noted that “North America continues to perform well,” with revenues totaling €950 million, up 3% year-to-year in constant currency. U.S. information technology revenues were up 8%, while permanent placement revenues were up 20%.
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