Adecco Kicks Off Investor Meetings in Rome for the Year 2014 Today
The Adecco Group, a leading global workforce solutions provider, has announced a 5% increase in underlying revenues organically and adjusted for trading days in the first two months of Q3 2014.
The company's press office can be contacted at [email protected] or +41 (0) 44 878 87 87 for further information. Investor-related inquiries can be directed to [email protected] or +41 (0) 44 878 89 89.
The release includes forward-looking statements, which involve risks and uncertainties. These statements are based on information available to the company as of the date of the release. Factors that could affect these forward-looking statements include global GDP trends, changes in regulation affecting temporary work, intense competition, integration of acquired companies, changes in the company's ability to attract and retain qualified personnel or clients, potential impact of IT disruptions, and adverse developments in existing commercial relationships, disputes, or legal and tax proceedings.
Despite the recent softening of the economic environment, a reacceleration of GDP growth is expected for next year. The company remains optimistic, given this outlook and the good progress on the Group's six strategic priorities and continued price and cost discipline, and is convinced it will achieve its EBITA margin target. The Group is focused on reaching an EBITA margin target of above 5.5% in 2015.
The company's financial agenda includes Investor Days on September 24/25, 2014, Q3 2014 results on November 6, 2014, Q4 2014 results on March 11, 2015, and Annual General Meeting on April 21, 2015.
In North America, the Group's business is holding up well. However, the seasonal pick-up in the Group's business has been slightly weaker than normal in September, particularly in Germany and France. This weaker seasonal pick-up is consistent with recent softer economic data in parts of Europe.
It is important to note that actual results could differ materially from the current expectations due to numerous factors. The forward-looking statements in the release are not guarantees of future performance, and the company assumes no duty to update any such forward-looking statements.
For detailed historical trading updates and margin targets, such as Adecco Group’s Q3 2014 performance and 2015 EBITA margin goals, these details are typically found in the company's official quarterly earnings releases or investor presentations from that period. To obtain accurate details, it is recommended to check Adecco Group's archived press releases or financial reports on their official website, financial databases or archives such as Bloomberg, Reuters, or financial news services covering that timeframe, or investor relations presentations or SEC filings from 2014-2015.
The Adecco Group, with a positive 5% increase in Q3 2014 revenues, is focusing on investing wisely for future growth, especially in light of their stated EBITA margin target of above 5.5% in 2015. For those interested in the company's financial performance, detailed historical trading updates and margin targets can be found in their official quarterly earnings releases or investor presentations on their website, financial databases, or archives such as Bloomberg, Reuters, or financial news services.
