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Adecco is holding its Investor Days 2012 in Paris today

Adecco is holding its Investor Days 2012 in Paris today

Paris, France, September 19, 2012: Adecco Group, the world’s leading provider of Human Resources solutions is holding its Investor Days 2012 in Paris. The Group is providing an update on the current trading conditions. On an organic basis and adjusted for business days, revenues in the first two months of the third quarter of 2012 declined by 4.5%.

While the revenue decline rate during Q2 2012 was relatively stable at -4% organically, revenue development in July was slightly weaker, mainly driven by France and Japan. In the first two months of the third quarter of 2012, Adecco’s revenues on an organic basis and adjusted for business days, declined by 4.5%. Overall, the diverse geographical trends continued. Revenue developments in Europe remained largely unchanged in July and August, while revenue growth in North America continued its good trend and was slightly accelerating since June.

At its Investor Days, the management team remains convinced that by building on Adecco’s strategic priorities the company is on track to reach an EBITA margin of over 5.5% midterm.

The presentations held during the event will be available in the Investor Relations section of Adecco’s website.

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