Adecco: Adjusted EPS down 9% in 2023


(CercleFinance.com) – Adecco publishes a turnover of 6,109 ME for the 4th quarter, down 2% in published data compared to the same period a year earlier (+1% organically).

The quarterly operating profit stood at 187 ME, up 65% (+74% organically), for a net profit of 68 ME, up 6% revealing an adjusted EPS of 0.75 euros (-1%) .

Over the entire financial year, the group recorded a turnover of €23.9 billion (+1% as published, +3% organically), for a net profit of €325 million, down 5% or less. expectations to. The 2023 adjusted EPS stood at 2.99 euros, down 9%.

Finally, Adecco reports that year-to-date, the group’s volumes are slightly below fourth-quarter 2023 levels.

‘The Group intends to continue to capture market share in a difficult macroeconomic environment in the first quarter of 2024, while managing resources with agility, focusing on productivity and savings in general and administrative costs,’ it indicates. .

Copyright (c) 2024 CercleFinance.com. All rights reserved.

Are you following this action?

Receive all the information on Adecco in real time:




Source link -84