In August, the company’s second-quarter revenue increased marginally by +1% as business operations in Europe remained challenging, particularly in its largest single market France, with demand also slowing
.6% in August, reaching the highest level since the monthly data series began in 2004.
Economic conditions have impacted staffing services across Europe with countries such as Belgium, France and the Netherlands
%) showing marginal growth when compared to a year ago.
The Netherlands was worst off with job postings falling by -18% year-on-year. This was followed by France where the number of roles on offer decreased
% of unemployed jobseekers found jobs through the sector while in France and Italy, 40% of people coming to temporary agency work were previously unemployed. In Germany, this figure was even higher at over 60% last
in the period.
The report indicates that the UK has seen a “systematic” fall in temporary job vacancies throughout 2011 and 2012, showing only a “minor” positive trend in 2012. In France and Germany
to the adjusted Q1 2009 EBITA margin of 2.5%.
In Q1 2010, the Adecco Group reported operating income of 100 million Euro. Operating income was 30 million Euro in Q1 2009.
In France, revenues increased by +6
while markets in Australia and France deteriorated.
Net fees were down -1% organically to £360.3 million. But the firm saw net fees from temporary recruitment rise +4% to £212.3 million, compared to a -7