Companies
Adecco Sees Strong Growth in 3Q
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Posted 28 September 2006 @ 05:35 am GMT
Employment services provider Adecco SA said Thursday it expects to grow by 7 percent to 9 percent in the coming years after third quarter revenue increased by 11 percent compared to last year.
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adecco employment growth services
The two months July and August show a similar pattern in all the company's main markets as the preceding quarter, the Cheserex, Switzerland based company said ahead of a strategy meeting.
Adecco also aims to increase the profit margin in its operational business beyond 5 percent and improve return on capital to over 25 percent by 2009.
Separately, the human resources giant said its new United Kingdom and Ireland head, Rene Schuster, will begin Oct. 1.
Shares in Adecco rose 1.9 percent to 74.80 Swiss francs in Zurich trading Thursday.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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