FINANCIALS: Adecco solid and flat in Q3

Recruitment group Adecco called its Q3 2012 financial results ‘solid’, as revenues remained flat year-on-year at $5.3bn (£4.24bn), although this represented a 5% decline adjusted for constant currency.
Tue, 6 Nov 2012

Recruitment group Adecco called its Q3 2012 financial results ‘solid’, as revenues remained flat year-on-year at $5.3bn (£4.24bn), although this represented a 5% decline adjusted for constant currency.

Revenues dropped organically 16% in France, which makes up a quarter of the group. The business segments with the highest revenue growth (9%) were the UK & Ireland and Emerging Markets geographies, and career transition and talent development business Lee Hecht Harrison. Full results are available from the company’s website here.

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